I'm happy to take that question.
As part of the FES update, an annex was dedicated to the Canada growth fund. It announced that the CGF will attract private sector investment to help meet important national, economic and climate policy goals, which include the following goals:
Reduce emissions and achieve Canada's climate targets;
Accelerate the deployment of key technologies, such as low-carbon hydrogen and carbon capture, utilization, and storage (CCUS);
Scale up companies that will create jobs, drive productivity and clean growth...; and,
Capitalize on Canada's abundance of natural resources and strengthen critical supply chains to secure Canada's future economic and environmental well-being.
It will be a new public investment vehicle that will operate at arm's length from the federal government. It will use a broad suite of financial instruments and will be capitalized with $15 billion over the next five years.