Thank you, Mr. Speaker. So the early learning and childcare system in the territory is less a system and more of a group of partnerships, people working together. The GNWT does not provide early learning and childcare services but it supports those providers. And the way that this new money is going to flow back to parents is similar to what we did in the summer of 2020 with the funding for COVID when we reduced childcare fees.
So those licensed centres, childcare centres, that want to opt in to this program will receive a childcare fee reduction subsidy. They will then flow that money back to parents. And to ensure that they are supported, we are going to be providing those childcare providers with some administrative funds to help support them in those efforts because we understand it will be a lot of work, and so we're supporting them financially to do that work. Thank you.