Thank you.
I have a question about the whole area of social entrepreneurship and social finance.
RBC recently established a $10 million RBC Impact Fund. How would that differ—such that members of the committee, including me, can understand better—from any other sort of foundation they might set up, a social impact fund? Will it have more milestones or perhaps some private sector type of discipline in the measurement of the results of the contributions? It would be helpful to have a little insight as to how that would differ from a more traditional foundation contribution.