Thank you very much.
With respect to Canada Economic Development for Quebec Regions, I see that grants under the regional economic growth through innovation program decreased from $265,764,476 in the 2023–2024 Main Estimates to $166,910,505 in 2024–2025, a decline of $99 million.
Just below that in the table, you can also see that contributions under the Quebec economic development program will fall by half, from $131 million to approximately $63 million.
What's the explanation for declines of that size? There were even more contributions during the pandemic, but they now represent a quarter of what they were during the pandemic. What's the explanation for that?