I need to know more about the habits of this committee. It's clear that, if you read it this way, your interpretation is the right one, because of the words “take over the efforts”.
Words such as “take over the efforts” are used, and that means to replace them. One wonders if it is the role of the federal government to take over from a private group. However, this committee may be able to accept a certain lack of clarity and let the debate happen in the House, where the motion could be clarified.