Thank you very much.
This next clause is fairly straightforward. It provides authority for the Minister of Industry to make a payment of up to $125 million out of the consolidated revenue fund to the Canadian Institute for Advanced Research, commonly known as CIFAR, for the purpose of establishing a pan-Canadian artificial intelligence strategy. The measures are designed to strengthen Canada's position as a world leader in artificial intelligence research and lay the scientific foundation upon which to build national leadership in artificial intelligence innovation.