Canadian scale-ups are the anchors of economic activity. Our problem here in Canada is that we have many strengths and a wealth of research and talent. We have more start-ups per capita than many countries in the OECD.
However, when they start to scale—when they start to commercialize and create products that are viable, or create economic activity—is often when we see them struggle. They move to foreign jurisdictions or get bought out.
Without commercializing those products and services, and without creating the intellectual property that will create those economic rents for the long term, we're not going to see that effect on prosperity in the economy as a whole. Our budget submission is around how we help these companies receive the freedom to operate to scale, in order to succeed and ultimately feed back into the Canadian economy.