Thank you for your comments.
What we've seen, as you know, is that business investment is sinking like a stone. But when you take out colleges and universities and you look at direct public investment by governments, it's falling considerably through the federal government, although we've seen provincial governments picking up a bit of the slack. You know the figures as well as I do.
On direct public investment from governments on research and development, we are in a very poor position. We are in last place. When you take in indirect, you're absolutely right...but that program hasn't worked, obviously, because business investment is falling significantly. There's the concern. Even on the indirect investment, which has been the government strategy, there's very clearly a failure. Business has not taken up the slack. They've taken the money and run.
So that's my question back to you: how do you revise? Is Industry Canada looking at revising what's clearly a failed policy, or do you feel you'd just like to keep going the way we are?