Thank you for the question.
I do want to start by saying there is a difference between the KIP program and this new post-secondary institution strategic investment fund. One of the major differences is that this fund now includes environmental sustainability and KIP didn't. As well, there was the investment under KIP, but the difference, and you heard this across the research community, was that, yes, you invested in buildings but there was no investment in the researchers. That's why you see this time the $2-billion investment in infrastructure plus the $95 million in the researchers themselves.
The reason for the tight timeline is so that we take advantage of the summer construction season, and we get that economic development and jobs. If you go to the website, you'll see what the requirements are. What I can tell you is how they will be judged. Once we get in all the submissions, again due May 9, they will be reviewed by department officials along the criteria of merit, readiness, and support by provinces and territories.