Finance committee  We're very happy to provide you with a detailed list of the estimated percentage of shares. Given that China has approximately 30% of the shares at the moment—and that could drop down to 26% if additional shares are purchased—that leaves 70% of the shares with other countries. T

Finance committee  I think when it comes to the sensitive issue of pipelines, this is where our ability to assess projects on a project-by-project basis as they're brought to the bank is incredibly important. Canada would be at the AIIB table, and would have a seat, would have a voice, and the abil

Finance committee  When we look historically at the performance of multilateral development banks and international financial institutions, we haven't seen that kind of concern brought forward. We haven't seen a run on shares. When you look historically at our engagement with similar institutions s

Finance committee  It would depend entirely upon when other prospective bank members made their decision about whether or not they were purchasing their full portion of shares. They're not available at the moment. If another prospective member chooses to not purchase their full shares, then at th

Finance committee  For the current purchase...?

Finance committee  Part of it would be for this fiscal year and part of it would be for subsequent years.

Finance committee  Correct.

Finance committee  There are several pieces in response to that question. We know that a lack of infrastructure is one of the biggest brakes on economic development in any region. We know in particular that in Asia the infrastructure financing gap is approximately $1.7 trillion per year. In the abs

Finance committee  I think another consideration in terms of how the multilateral development banks work and how they're able to both de-risk individual projects and make them of more interest to private sector investors is the technical assistance and the capacity building that goes along with it.

Finance committee  Correct.

Finance committee  First of all, Neil can speak to the investment of some major institutional investors from the private sector in particular projects, but because these are international financial institutions, private sectors cannot actually become members of these banks.

Finance committee  It's a sovereign-to-sovereign guarantee. If you're asking about specific projects, we can provide some information about private sector involvement.

Finance committee  There's a series of quite detailed thinking that's surrounding this where the finance officials have provided a lot of the thought leadership around this internationally. It involves things such as being able to create recognizable classes of infrastructure for emerging markets.

Finance committee  I think the pipeline projects are very interesting, in particular the Azerbaijan one, because that's a project that was not exclusively financed by the AIIB and speaks to the enormity of the costs of bringing these pipeline and infrastructure projects forward. The Azerbaijan pipe

Finance committee  The AIIB articles of agreement do include exit provisions, and a country could sell its shares back to the bank. I do not believe there is any restriction around timing.