Okay.
This was true not only of the industrialized countries that have performed well over the past 50 years, but also of the emerging economies we were discussing earlier. They gave themselves the necessary financial tools.
We could go on and on about Quebec. Let me remind you that in 1960, we were one of the most backward western societies in many respects because of our history, but let's not dwell on that. Today, we're doing well. We face the same challenges as everyone else, but we have our share of successes too.
What has been significant from an economic standpoint are the tools we've developed—particularly in the financial sector—such as Investissement Québec and the major union funds. That's quite something, unions creating an investment fund. I don't know of many examples of that in the world today. We've managed to build a whole ecosystem that secures investment, particularly from private banks. We need to equip ourselves with the right tools. If we don't have the tools to do this, it's all just wishful thinking. When we put tools like these in place—
