As you know, the previous government introduced a venture capital action plan program. We looked at that fund-to-fund model. We looked at what worked well and we looked at where we can make improvements.
This program is really designed, again, to be deployed by Business Development Canada. We've had record numbers over the last year, in terms of venture capital investments in Canada. On a per capita basis, we're behind the U.S. and actually, Israel, so it's a point of pride.
Again, we're looking at different models, fund-to-fund, potentially, with the view to continue to maintain and strengthen that position. The idea is to, again, make sure that companies that want to scale and grow up in Canada have access to financing. We focused a lot in our budget on talent, skills, and people, which I think is the most important.
The next key area that companies have identified is financing, so we want to make sure that this deals with some of those gaps that exist within that innovation ecosystem.