There has been no reduction in funds so far. Actually, we know nothing about it, because the call for tenders has only just been issued. So we will be able to confirm that in the weeks ahead.
However, according to the vision that has been presented to us, we are going to have to find other ways of funding ourselves in three years. That does not necessarily mean that our funding will be cut, but part of our operating costs may well be reduced, and that will have a negative impact on us. In fact, we will not be able to hire the people we need, because we will not be able to use the funding to pay salaries in their entirety. At the moment, CanNor does not pay operating costs. The agency pays for fees, special projects and feasibility studies, but provides no core funding. So we could be in a difficult situation.
Today, we are asking the committee to watch out for that situation. At the moment, we are not yet in difficulty, but if things proceed as intended, it could become a problem. That is why we are sharing it with the committee today.