Thank you so much, Mr. Chair.
I'd like to ask about the economic growth in the innovation section of the budget. We know that if we're going to continue to be able to afford the generous support programs we have and a national child care program, and if we want to continue to have a good quality of life, we need to ensure that we have strong economic growth moving forward. We also need to ensure that we have productivity and innovation to be able to have strong economic growth.
My question is around the Canadian innovation and investment agency. We know that we have an educated population. We know that Canada and Canadians have no shortage of excellent ideas, but we know that we have to translate those good ideas into new technologies, new product services and growing businesses.
I wonder if one of our officials can talk to us about the idea behind the Canadian innovation and investment agency. What is the idea behind it? How are we hoping to set this up? What is the time frame?