Thank you.
In terms of reasons why private sector R and D hasn't been as high as you'd expect—I think that's what you were looking at—I think there obviously is a myriad of factors. One, I think we're now clearly in an environment where those decisions are now global decisions. Relative to other jurisdictions where companies are making R and D investments, I don't think Canada necessarily fared more poorly compared with other major R and D investment jurisdictions.
I also think that 2012 was still a year when many companies, especially the larger companies with the bigger budgets, were very much still coming out of the recession and still very cautious about their R and D investments. There was obviously a lot of speculation about the changes to the R and D system that were leaving companies a little bit uncertain.