I'm glad you raised this because I also had the privilege of being here over 20 years ago. When we talked about post-secondary education very few of those aboriginal youth had the opportunity to pursue post-secondary education. We currently invest over $300 million annually in post-secondary education, including support for the development and delivery of college and university-level courses for first nations and Inuit students.
This funding to Purdy is intended to promote interest among Canada's aboriginal people in the study of business at the post-secondary level and to support research specific to aboriginal communities, curriculum development, and mentoring programs. The funding agreement with the university is already in place in this instance so the department is ready to honour the government's commitment to that contribution. This initiative is not huge but it is meaningful and significant and it will help build a brighter future, I hope, for aboriginal youth and help promote the independence and economic self-reliance of aboriginal communities.