Thank you.
Ms. McCormick, you talked a bit in your presentation about the German model. Around this table we've had some great discussion about the German model, the success that it's had, quite frankly, and the buy-in from everybody, from the educational institutions to private sector to society. It truly is a remarkable model. Whether the German model or the Swiss model is first and second in the world, both of them are great.
In your submission you asked that the federal government create a post-secondary education act in cooperation with the provinces, with a dedicated cash transfer modelled after the Canada health transfer. That's a big ask. How much do you foresee that transfer being? How many students would that affect? Again, would it be all federal dollars, or would there be some private sector partnerships?