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 graduate to drive our economy and society.
What we are saying is that for Canada to be able to position itself on the world stage and compete with other countries that are investing significant funds, we must continue to have those investments of research funding.
For example, France has recently announced it's putting 7.7 billion euro into an excellence fund, there's 2.7 billion euro in Germany, and $1.67 billion in Australia. Then emerging countries like China and India are also investing significantly in their universities to gain prominence on the world stage. Although the ecosystem in Canada has been strong, if we look to the future we have to ensure that those investments are not only continued but also accelerated.