Thank you, Mr. Chair.
I am glad to see you today, Mr. Schaan and Mr. Vats, as you may be able to answer one of my questions. We have heard from previous witnesses about the importance of knowledge transfer in the real economy. To do that, Quebec has a rather interesting model—the college centres for technology transfer, CCTTs.
You know that the federal government funds CCTTs that have a technology access centre designation, a TAC designation. In Quebec, many CCTTs are funded by the federal government, to the tune of $100,000 right now, unless I'm mistaken. The program is being revised to fund fewer CCTTs, but provide more money to those who will receive the funding.
That is causing a lot of concern among CCTTs. Do you have a quick update on that situation? How will the financial support for CCTTs work?