For the project that Colleges and Institutes Canada is the proponent and the intermediary for, we're at the point where they have, as Jean-Pierre mentioned earlier, created a special purpose entity with which to administer the funds for the social impact bond. They have selected service delivery partners in the name of four colleges across the country. They're on the cusp of being able to make an offering to private investors for this social impact bond.
In getting there—and this is part of the complexity of social impact bonds—we needed to work together to determine benchmark levels upon which success would be measured. We did that based on evidence from previous essential skills training programs. Then we set graduated payment schemes so it gets paid, or it doesn't get paid. It gets paid at different levels based on varying degrees of success.