Madam Chair, my other colleagues and I had the privilege of providing input prior to the announcement of that fund. Sam Duboc from the fund had public presentations on how the fund is going to be rolled out. We won't go into detail on that, but everyone I've talked to thinks that the way it's being rolled out right now looks pretty good. As long as it plays out the way it's planned, it's going to provide for the building of partnerships between private and public sector venture money that will make the overall availability of capital freer. It will seed companies. It will invigorate other venture capitalists. It will be a flag on the map too; other countries in the world will see that Canada has this venture fund and will be more interested in coming here to potentially get their companies started. It's all good.
On February 7th, 2013. See this statement in context.