I will speak very briefly, Mr. Chair.
Ms. May proposes amending the criteria. The criteria will be developed in consultation with regional organizations and stakeholders. Furthermore, with regard to reporting and transparency, should the Minister of the Canadian Northern Economic Development Agency be designated as the minister responsible for the fund, CanNor would support the minister in this role. This means CanNor already reports to Parliament through the estimates process, and going forward, these reports could include information related to the fund.
Additionally, CanNor's proactive disclosure practices already include quarterly reports on its grants and contributions awards.