Thank you very much, Mr. Chair.
To the Council of Canadian Innovators, we've heard a lot around this table about Canada's low productivity growth compared to its competitors, and about low business investment. We've also seen over the last 20 years or so a decrease in the corporate tax rate and some pretty sizable capital reserves on the part of Canadian companies. I'm wondering what you think is required of government if there are a lot of companies that have cash on hand. We've heard about industrial policy and creating better investment conditions. What do you think are some of the things that are required in order to get Canadian companies to invest in themselves?