Thank you, Mr. Chair.
I want to ask a question of Mr. Casey.
You've come across as a bit of a cheerleader for the government on its innovation policy, but you also mentioned RIM and we just happen to have had Jim Balsillie here yesterday, who had quite a different perspective on the state of how we approach innovation in Canada. He was talking about innovation writ large, and you're focused on biotech.
However, he did mention the dramatic shift that has happened from a tangibles economy to the intangibles economy, which you just touched upon, and I was waiting for you to touch upon that. I'm going to ask you to expand on that a bit and also to comment specifically on the absence of patent box legislation in Canada. By the way, I've also met with AbCellera representatives. They highlighted the fact that they're being encouraged to move out of Canada because we don't foster an environment in Canada that would keep our start-ups in Canada. Our commercialization is appalling.
Therefore, could you comment broadly on how we address the issue of a new economy and how we specifically implement policies that are going to keep our start-ups in Canada?