This is set out in our report, starting at paragraph 4.21. “Long and difficult application review process” is the heading.
In this instance, one of the consequences of the cumbersome and lengthy process has been a failure to attract large emitters. Not many of those classified as large emitters in Canada—in terms of number of megatonnes of emissions per year—were attracted to the fund. Whether that was entirely due to the cumbersome process, I can't say exactly, but that is one of the potential concerns. If the application process is not user-friendly, and the fund has the objective of significant reductions in emissions.... If you're not attracting the large emitters, you're not going to get those large reductions.