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Finance committee  In the budget the exact amount is being requested for the shares that are currently available for purchase. The legislation provides the up to maximum amount for Canada's possible maximum shareholding allocation based on the bank's formula. The delta and the difference would not

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  The initial subscription describes the first capital that's being put into the bank by the founding members and by the members who are joining in the second round. When we talk about additional subscriptions down the line, that normally relates to a general capital increase, whi

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  An important distinction is distinguishing between the legislative process and the appropriations process. The legislative process is requesting legislative authority to purchase up to the maximum allowable share that Canada could have under the allocation formula. The appropriat

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  That is correct.

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  That is correct.

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  That is correct. There were 57 founding members. Currently, there are 80 current and prospective members.

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  That is correct.

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  The additional funding would be requested if there was the availability of shares. When the shares become available to purchase, if the government wanted to purchase those shares, at that point the funding would be requested and it would be returned to Parliament through the esti

November 21st, 2017Committee meeting

Nicole Giles

Finance committee  We can absolutely get that for you. To provide some context as well, these are authorities that many of the other ministers of foreign affairs or ministers of international development do hold in other countries so they're able to engage directly. We'll be aligning a little bit m

November 6th, 2017Committee meeting

Nicole Giles

Finance committee  For division 3 of part 5, the short title we're using is program transfer. This item relates more specifically to the program transfer of the global agriculture and food security program's private sector window, GAFSP, and the financial mechanisms for climate change facility. Thi

November 6th, 2017Committee meeting

Nicole Giles

Finance committee  Do you mean across other countries or within the Government of Canada?

November 6th, 2017Committee meeting

Nicole Giles

Finance committee  I don't know about other ministers.

November 6th, 2017Committee meeting

Nicole Giles

Finance committee  Again, each project would be assessed on a project-by-project basis. Regardless of whether it's being delivered through a state-owned enterprise or a private company, the project will still need to meet those safeguards and those conditions that are set out in anti-corruption pra

November 6th, 2017Committee meeting

Nicole Giles

Finance committee  There are 57 founding members. At the moment there are 80 current and prospective, so there are a number of countries that are also going through the same process that we are.

November 6th, 2017Committee meeting

Nicole Giles

Finance committee  I'm very happy to.

November 6th, 2017Committee meeting

Nicole Giles