Mr. Speaker, we have been clear. Our goal is to catalyze half a trillion dollars in private sector investment. The Major Projects Office plays an important role in that. Alberta has indicated that it will submit a proposal by July 1. We will evaluate it against the criteria set out in the Building Canada Act.
According to the memorandum of understanding, the federal government is willing to utilize Canada Indigenous Loan Guarantee Corporation to help backstop indigenous co-ownership if necessary.