The first point I would like to make is that we did some analysis in our company, which we've included in a report that I sent to the clerk. Hopefully you'll get that eventually.
Governments and the private sector spend huge amounts of money--close to $30 billion a year in R and D--but there's a huge gap once that investment is made, and the gap is in commercializing all of that work.
It's not helping the labour sponsored funds. What I'm suggesting is the retail venture capital funds...we're just the mechanism. We're trying to deal with the supply side here and increasing the supply side. From our perspective, this is a very quick way of doing it.
This isn't just an issue in Atlantic Canada. If you listen to Richard's statistics, the Q3 statistics in 2009 were disastrous for Canada, not just Atlantic Canada.