Thank you for the question.
Many of our companies are at a pivotal stage in their development right now. They are exporters, but they're relatively small. About 60% of Canada's clean technology companies intend to be globally competitive and intend to secure investment. I'll give you some quick numbers.
There are 436 companies, 320 of which are in commercialization and 60% of those intend to be globally competitive. That's 200 companies, and they intend to be globally competitive while raising financing. There are between five and ten investments per year in Canada in this sector. That means there is 5% coverage of the 200 companies. This isn't necessarily a bad thing. The investments have to be of quality and investors have to get a return on their investment. Moreover, as I said earlier in the question regarding the financing, our companies get between 32¢ and 10¢ compared to our American competitors. So a management team will have three vice-presidents instead of nine or ten. It's a very substantial difference.
We want to move to the point where as Canadians we have confidence in procuring our technologies in clean technology, which is much more than wind and solar technology. You'll notice the diagram speaks of nine different sectors, the majority of which have to do with the conservation of resources, be it water or energy.
The first thing is we need to procure from ourselves. We don't procure technology readily and we don't procure clean Canadian technology readily. So that's part of the own-the-podium plan.
The second thing is that as Canadian businesses we prefer to build great technology rather than focus on selling it. So the companies themselves have changes to make in the way they operate.
Then the third thing is that investors have to be attracted to Canada, and a buoyant domestic market is part of that.