Thank you for the question. There are five main elements of the settlement agreement, the first one being the common experience payments, which started with a $1.9 billion trust fund to pay to students who apply and are eligible for the experience they had at residential schools.
We initially anticipated that there were 80,000 survivors of residential schools still alive. To date we've paid out on more than 76,000 applications. We feel that it's very much on track and that our original assumptions were right with regard to the number of students alive.
As to the independent assessment process, we underestimated the number of people who would apply and the number of hearings. Originally we anticipated that there would be 12,500 applications. There have been closer to 19,000 applications, a total of $848 million paid in compensation, and 7,500 hearings held to date.
The Truth and Reconciliation Commission, as I mentioned in my opening comments, has had its first national event in Winnipeg and will have its second national event in Inuvik next year. We're working closely with them on the fourth component, which is commemoration. This is a $20 million pot of money to provide funding to communities for memorializing and remembering and commemorating what happened in the residential schools.
The fifth and last component is the healing and health supports, which continue to be provided by Health Canada.