Thank you all for your submissions. I won't have time to ask you all questions, but I'm sure my colleagues will.
Mr. Rothschild, I've been intrigued by the Israeli success in innovation and investment. One area I want to talk about concerns the structures by which the investments—you said it was equivalent to about $3 billion Canadian—are made to start-ups or for firms, and how these structures and contracts work.
One of Canada's challenges—we've heard it even on this panel—is commercialization and the risk-taking and funding of something that may succeed or may not. I understand that Israel has a much different culture in terms of risk-taking on the commercialization side.
Can you speak to the way the investments are made and how the structures are set up so that there is an acceptance by society, essentially, to make these investments even if they're risky?