First of all, that's terminology. Blue-sky research is roughly 70% of our budget; 70% of our budget is what we call open. In other words, it's investigator-driven. May the best win in terms of best idea, best mind. It is totally open. You're coming with your best ideas; it doesn't mean that it's not applied.
Very often people think if it's open, it's basic science. Not necessarily. If we look at what we fund through our open grants competition that you call blue-sky research, we have some very basic research in there, but we also have very applied research.
In addition to that we have a number of strategic investments that can be specifically in applied research. That would account roughly for the remaining 30%, although some of our strategic investments may also be for more fundamental research. We cannot equate what we call top-down or strategic with being entirely applied and the rest entirely basic.
We often try through our strategic investments to encourage partnership with industry. For instance, in some cases, we have a program with NSERC that is totally focused on applied research and research that stems from the collaboration between the biological side and engineers.