- Overhead costs for Information Technology for the Halifax Climate Investment, Innovation and - Impact Fund (HCi3) have increased by 89% in the 2024 fiscal year compared to 2023. Please - explain the key factors contributing to this rise....
AI summary Overhead costs for Information Technology for the Halifax Climate Investment, Innovation, and Impact Fund (HCi3) increased by 89% in 2024 compared to 2023. This increase is attributed to higher Information Technology costs at EfficiencyOne (E1), driven by increased investment in cybersecurity and an upgrade of E1's financial system software.