While we are accounting for innovation, we also recognize that our economy has gone through a major crisis. Overall, at universities, we were, I wouldn't say extremely pleased, but comfortable with the fact that our research grants, or grants from the tri-councils, did not experience major cuts.
We are looking at the entire continuous system, and in this system there are emerging elements that are making our researchers excited, like Banting's and the Canada first research excellence fund, and other initiatives.
When we look at the trajectory, I think our researchers at universities are still quite optimistic that the research environment is on an upward trajectory.