Foreign Affairs committee  On the definition of poverty...?

Foreign Affairs committee  On poverty reduction, there are many forums and many calculations. Definitions of poverty don't mean only less purchasing power and less than $150 U.S. per day of income. There are many different measurements, and I would obviously agree with you that they're not all equal and th

Foreign Affairs committee  Very quickly, I would take the opposite. I would say it should be less broad than more broad because you don't have a lot of money.

Foreign Affairs committee  That's a very good question. How do we make sure our investments are responsible? We just completed a 60-page due diligence report on a bank in Ukraine. I would argue that, although the countries, the societies, and the legal framework in the countries we're working in are less

Foreign Affairs committee  I'll jump in and then let Jessie take over from there. For example, we currently have an investment of $2 million in a company called Business Partners International as part of a project we manage in Kenya. This is a company that takes that money and makes it available to small c

Foreign Affairs committee  I would agree. I don't mean to generalize, but the work of investment is more risky and more difficult the further into poverty you want to reach, and I think that requires creative and innovative approaches. We would very much agree with Desjardins on this issue of mixes of in

Foreign Affairs committee  I agree that it's a small amount. It needs to have a way to distinguish itself, and I can think of no better way than the blended finance leadership that Canada took over the past five years on the international stage. In my opinion, that is the answer to how this DFI can be inno

Foreign Affairs committee  First of all, thank you. We appreciate your representation of Kitchener. Thanks for visiting our office.

Foreign Affairs committee  The investment that you're talking about was actually in Paraguay. It was a dairy, so your memory on that is great. It speaks to the history of MEDA. MEDA started 65 years ago as an investment fund. It was an investment fund started by about 10 Mennonite businessmen—they were all

Foreign Affairs committee  Sure. Let me do that by giving you an example that already exists in the Canadian development space. The project that I was talking about, INFRONT, which stands for Impact Investing in Frontier Markets, is a Canadian-funded project that provides incentive to the private investo

Foreign Affairs committee  Good morning. First of all, thanks to the committee for the opportunity to submit today. Greetings from Waterloo, Ontario. We appreciate your facilitating this by Internet. Good morning, Jessie, who we know well. We respect Desjardins quite a bit. My name is Jerry Quigley. I'