Thank you, Mr. Chair, and I thank all of you for presenting to us today. It is always helpful.
I'd like to start off, actually, with the venture capital industry. Welcome, Mr. Rémillard and Mr. McQueen.
When I look at countries around the world with regard to the relative strength of their venture capital industries, some countries really stand out. Israel is one of them.
I agree with your proposals here to strengthen venture capital in Canada because I'm concerned with the dearth of venture capital today; we're going to have a dearth of discoveries in jobs of tomorrow in 10 or 15 years. A lot of this speaks to the aerospace industry as well, I think.
What are countries like Israel doing differently to create such a strong venture capital industry, particularly in the area of green technology? We're a high carbon economy. We consume and produce a lot of energy that is not clean. We have an opportunity to produce cleaner energy and to become more energy efficient. It takes technology. What is Israel doing, and what could we be doing better to be a leader in the emerging clean technology space?