Thank you, Mr. Chairman.
Thank you to the witnesses for appearing. It has been interesting.
I just have a couple of quick questions. I'll start with Rx&D, with Wendy. I think Ms. Block already asked you a question concerning intellectual property, but what is the difference if we are at a disadvantage in Canada versus the rest of our competitors worldwide? My understanding is that most of your companies are international. So does it really matter that Canada is at a disadvantage when it comes to intellectual property? Could you make that point a little bit clearer? What are we losing out on, as a country?