Thanks, Mike. I think that's a great question.
This program is absolutely unique, in my understanding of the types of programs that have been established worldwide. But what's interesting here—and I will relate it back to the conversation we've been having—is that it begins with the starting point of Canadian excellence. It purports to fund those institutions and research at those institutions that is already very close to being world-leading, and to provide those elements through research funding that will allow these institutions to push across the barrier and take the lead globally.
It's a very broad program. It will fund people, some infrastructure, students for training, and knowledge transfer and commercialization. It's really a one-stop, one-shop shot for institutions that are close in terms of technology development, new practices, and different contributions that would put Canada at the lead, whether in the service sector or otherwise.
The first round was held this spring. We expect the results to be released sometime about mid-summer, and we have another major round planned for the fall. But it will be a game-changer for a number of Canadian institutions that are able to demonstrate not only their existing capacity but their capacity to now shoot for the moon, so it's a tremendous program.