Just as an introduction, most parties, if they understand what the SFF is--it's the structured financing facility, and the program is to provide financing support to domestic and foreign shipowners, reducing their interest costs when they choose a Canadian shipyard for vessel construction or modernization.
In 2007, as part of the government's renewed approach to shipbuilding, the SFF program was renewed. It was given a budget of $50 million. Currently, there's $28.2 million available for usage in the program.