I look to global peers and what other countries are doing. The Chinese and Americans have significantly funded their IP-generation capacity. We can't do that. We need to be more shrewd and look to other countries like France, Korea and Japan—what they're doing as small, open economies. As I mentioned, the French fund, France Brevets, started with 500 million euros and have since received another 500 million euros. That's a significant amount, in the order of magnitude twice what Canada has today with its funding. We really need to be keeping pace with those global peers.
On May 16th, 2022. See this statement in context.