This initiative was led by the Department of Finance, with the support of, at the time, Industry Canada and the BDC. BDC did some ex ante analysis before the initiative was announced. Mr. Ferguson referred to the analysis they did to identify the market gap.
In regard to their participation in the selection process, they were rather observers. They were not specifically involved. They were not members of the expert panel. They were basically supporting the Department of Finance in selecting the fund-of-funds managers.