Thank you, Nick.
This is something that CCI has been calling on for a long time. Generally speaking, this is about capacity-building and so we have had a number of initiatives from across the government related to innovation with the creation economic panels.
We saw the strategic economic table stood up and provide recommendations in 2018. Then we saw Dominic Barton's panel stood up and also provide recommendations on finance, the economy and innovation. Then we saw the stand up of the economic group led by Monique Leroux. All of those panels had been effectively established to create recommendations for government, which probably served their purpose at that particular point in time, recovering from COVID, etc.
The opportunity here with this particular council is to create something that has permanence and that can actually be a bit of a sounding board for government on making decisions on a regular basis related to the economy and the data-driven innovation ecosystem. Unlike previous programs or patterns that we have seen with the government on initiatives related to this, we would hope that this particular council would be something that brings together experts from all fields.
In particular, we would encourage the government to pull together experts who are really examining the data-driven economy and the 21st century economy to be a part of this economic council. We understand that there are more details to come in the fall economic statement, and we look forward to engaging the government on that.