Thank you for your question, Mr. Simard.
You are asking about the operating framework of the Canada Growth Fund. As you said, the government created the Canada Growth Fund in 2022 as a Crown corporation and subsidiary of the Canada Development Investment Corporation. The Canada Growth Fund is still a subsidiary of the Canada Development Investment Corporation.
In the budget implementation act of 2023, the government gave PSP Investments, the pension investment fund, permission to manage the funds of the Canada Growth Fund. That means that the Canada Development Investment Corporation holds shares in the fund, but the investments are made by the professionals at PSP Investments.
As to reporting, the Canada Growth Fund reports to Parliament through the Canada Development Investment Corporation. It tables its annual reports and business plans in Parliament through the corporation. One of its auditors is the Office of the Auditor General of Canada.