Thank you for the question.
The announcement of this $12-million package is still good news. The problem is mainly that the mechanism only funds one-time projects, whereas the outcome of such an exercise should be to provide core funding to support institutions.
I speak regularly with our rectors and college presidents. They tell me they no longer have the capacity to support so many projects. Sometimes there are even funds available to them, but they don't have the capacity to go out and get them. We applaud this $121-million investment, especially since it will be doubled and made permanent. The problem is with the mechanism, which only allows for one-time projects. That's what's problematic about this envelope.