It varies somewhat by program and by which funding organization we're referring to, but in our case, for the Canada Foundation for Innovation, I think that the institutions that are our applicants will be looking to the spring budget for an indication that our organization will be continued. As I've indicated, by the end of this year we will have essentially committed all our funds, and therefore they'll be looking to see whether there will be another competition in 2007 or perhaps early in 2008, because these sorts of infrastructure projects require a considerable amount of thought and planning and sometimes can be a considerable expense. Therefore the institutions will not begin to undertake conceptualizing and planning these sorts of projects if there's no indication that there's to be another competition.
On November 9th, 2006. See this statement in context.