The quick answer is yes.
Before I start, we'd like to thank the committee members. I would particularly like to thank Mr. Batters, publicly, for having arranged this opportunity.
What will happen with the $125 million? What will we get? Part of the answer is we don't know what we'll do with it. What we are asking for is a partnership that requires input from the federal government. We are asking the federal government to commit $125 million. JDRF does not intend to take that money and run away for five years and say “Give us a call and we'll tell you what we've got”. We would expect that JDRF will put JDRF research money into this. Together we will look at the next steps possible in Canada, resulting from the six, seven, or eight key research projects.
JDRF will fund the research to get to a cure for type 1 diabetes, whatever that has to be. We're saying, why not Canada? We will wrap ourselves in the flag, but for very good reasons. Our researchers have been leading the world for 85 years in type 1 research. There is every valid reason to believe that our researchers, with the appropriate funding in Canada, can complete this job. We can't do it alone in Canada. Don't forget the islet transplant results from Dr. Shapiro's Edmonton protocol. This will always be known as a key component of the cure for diabetes, no matter where it is finally found.
I repeat, why not in Canada? We have the track record. We have the research going on right now. Why not take advantage of what we have, the talent we have in Canada? Rather than simply handing us money to go into a black hole of research, why not adopt the JDRF plan? If I may use a quick analogy, we know that businesses have business plans—a three-year business plan, a five-year business plan. We have one for our fundraising; we have a five-year fundraiser plan. We also have a research business plan for where we go in response to various conditions. We would like to sit down and take the input of the Canadian government and analyze what's possible in Canada. We would like to add other research money to what JDRF is providing. This would allow us to put together the entire answer to what will result from the $125 million. To go one step past that, whatever costs it takes, JDRF will be a key component in finding a cure. And a cure will be found.