Thank you, Mr. Chair. The purpose of this fund, according to the act, is:

"To finance environmental and social studies pertaining to the manner in which the terms and conditions under which exploration and development production and activities on petroleum lands authorized under the act or any other action to be conducted."

They reach out, they get the levies based on industry participation, and this is where the money comes from. They do a call for proposals. I believe the last one they've done as of late was on the caribou issue, Boreal Caribou Initiatives and Groundwater Monitoring in particular in the Northwest Territories, and they had a proposed budget of $297,000. My suspicion is they didn't spend all the money on that proposal and I suspect in the coming year that they will be having another call for a proposal on what they're going to do research on. Thank you, Mr. Chair.