Thank you for the question. This is a big question.
Clearly, academia and the scientists have a major role, of course, in research, and applied research is very important, but I think there's an increasing focus on how we commercialize it—or pure research, rather, that they're interested in. How do we apply the research to commercialize it?
I think canola—I'm glad you raised it—is an excellent point. Canola, of course, is one of Canada's major success stories, a major export success story. But it was born out of two Agriculture Canada scientists, if I'm not mistaken, who developed it and then worked with the University of Manitoba and the National Research Council and then with business and nutritionists to take it to where it is today.
What's the moral of the story? Sometimes an idea can start in pure research, but you need a full slate of players to bring it to success. I saw one statistic—from Cargill, actually—that said to fully commercialize a major project innovation can take ten years and $50 million to $100 million. So I think we have to see the complexity behind the question and understand all the more the reason why we need all the players to figure out how best to do it together.
On the other hand, if we really want to be nimble and beat our competitors and attract investment here, then business-led innovation is vital.