Industry committee  The short answer is that they had actually had an allocation and had basically committed all their funds, so that in 2019-20, $258 million in total funding is anticipated through the main estimates. That's compared to $187.1 million in the previous one. The reality is that they'r

Industry committee  As a deputy minister and having worked in a region, I've seen how important tourism can be for communities. I see a lot of good things happening here. Specifically, Destination Canada had traditionally been oriented to identifying new markets and advertising orientation to new m

Industry committee  I'll just compliment Andrea on the work she does. We do have five different strains within the strategic innovation fund. They are all targeted at different things. I'll let Andrea explain that if she wants. When we do our due diligence, we typically do a lot of outreach with ot

Industry committee  Yes, totally. Mitch, do you want to elaborate on that?

Industry committee  I'll let Andrea speak to this. She's the leader of the strategic innovation fund program. The general answer, though, is that each project is considered on its own and assessed with careful due diligence in terms of all the issues that you raised.

Industry committee  As I recall, we testified that in fact the program, which was reviewed by the Auditor General before it was even delivered, actually attained a reach of 900 communities as opposed to 300 communities.

Industry committee  Indeed, our coverage was in fact much more successful than ever anticipated.

Industry committee  I'll let Lisa speak to the impact more broadly. The number of programs funded is 21 not-for-profit organizations since the program launched in 2017. From June 14, 2017 to March 31, 2019, the Government of Canada has invested $48.1 million for the delivery of those 21 CanCode pro

Industry committee  Yes, that's correct.

Industry committee  I think the simple answer is that FedDev received the allocation for the steel dollars and that's why they covered it.

Industry committee  I'll just highlight two aspects. One is the issue of venture capital. There have been a series of investments by the government in the area of venture capital that have required matched funds. If you look at the data and evidence around venture capital, today we have much more mo

Industry committee  Yes, the sector should hear something soon. And the minister would say the same thing.

Industry committee  Yes.

Industry committee  [Inaudible—Editor] 600 auctioned as well.

Industry committee  That's an issue I'll come back to. I know the tier 5 consultations are ongoing. I don't actually know when we would be reporting on that.