I am familiar with the GEM program because it is foundational for mining and energy development in Canada. In terms of the latest updates and evaluations, Mr. Chair, I will need to go back to my colleague to bring that forward. The past evaluations of GEM have shown a leveraging factor of 1:5 in terms of public sector investments stimulating investment by the private sector, as it reduces the risk to exploration.
On June 6th, 2016. See this statement in context.