It's a special excellence niche. As you mentioned, Ontario's university environment includes some highly reputed universities. It's reassuring to see you've adopted that niche.
The sector is currently booming. We have to admit that the financial situation of any project is often difficult, but there are some possibilities here. In recent weeks, I have taken a closer look at your plan. I was in the streets of Quebec City on Sunday. As they often say, where your heart goes, there goes your money.
Mr. Labrie, have you considered creating a foundation? There's talk of a financial arrangement. This morning the representatives of the Assemblée de la francophonie de l'Ontario told us the federal government had said it was willing to provide start-up capital for the first four years. Talks on the subject are also under way on the Ontario side.
Are there any other funding sources that could be used to start setting up the UOF? I'm thinking of patronage. My colleague Mr. Généreux cited the example of Bishop's University, which you referred to. That university has a long tradition, of course, but it has nevertheless raised $40 million.
We believe in this project, but how can we support it? Are there any funding initiatives in sight?