I have an observation, and that is when we come to setting out this economy of innovation, we forget one of the other players, which is a fairly large player in the field of health sector research: the private non-profit foundations. The interesting thing about a private non-profit foundation is that by its very nature it collects money from people who have a specific interest. For example, the Breast Cancer Foundation people are marketing that idea. The money they have comes from ordinary Canadians. They're in a position to influence what is being done in that field, because not only do they collect money for research, but of course they lever money for research as well. This past year about $800 million to $900 million was raised by health sector private non-profits. That probably was multiplied two or three times through various federal and provincial contributions.
On March 7th, 2013. See this statement in context.