Finance committee  Maybe I'll start with the second question, why 15. We are here as the U15 to talk about the ACRE fund as a new opportunity for Canada. But to be clear, this is fully supported by the AUCC, which is inclusive of the 97 universities in this country. So ACRE has the full support of

Finance committee  I think we have seen the Government of Canada, consistently over many governments, invest in research and development in this country. That's acknowledged and certainly appreciated. That has helped Canada attract talent to our country and to develop innovative students who gradua

Finance committee  The ACRE proposal has three key areas of deliverables. One is in global excellence, the second is in talent, and the third is in knowledge translation. It is in that third area that some of the funds would absolutely be used to help push technology and create the industry pull to

Finance committee  Well, it is certainly an ecosystem that has to be created. Government has its role, and we have talked about significant and sustained funding through difficult times. We also look at ways of bringing industry to the table. As I mentioned, the numbers—$1.5 billion per year of pri

Finance committee  Thank you very much.

Finance committee  When there are investments in Canadian research, there are multiple outcomes. One that we talk about is commercialization, and depending on the research area, that could be medium- to long-term. But it should be recognized that the vast majority of research funding that is invest

Finance committee  Thank you, Mr. Chair. As president of the University of Calgary and vice-chair of the U15 Group of Canadian Research Universities, I'd like to thank the committee for its invitation to participate in its pre-budget hearings. The U15 is an association of 15 of Canada's top resea