Thank you for your question. It is right on the mark.
There is in fact a chronic problem with investment in research in Canada, for the past 20 years or so, I would say, and research budgets have stagnated while costs have risen, meaning that we ultimately have less money to conduct research.
I cannot say that nothing has been done in the past three years. The federal government has in fact made major investments, but they have been in fields that had been completely neglected over the past 20 years. The fabrication of biological products, vaccine development, fabrication and biofabrication had been underdeveloped or underfunded for decades, so we have started to catch up in these areas.
In addition, certain initiatives focused on the pandemic, and rightly so. Significant research and development investments were made in vaccines and biological products to deal with SARS‑CoV‑2. Nonetheless, it bears repetition that future innovation depends on basic research. We cannot predict future needs in the event of another pandemic. So we must continue to fund basic research in a broad range of areas in order to be better prepared for a pandemic caused by another pathogen, or for a non-infectious health crisis. At least we would have the basic knowledge in order to respond more quickly.
So I think investing in basic research is essential. Canada needs to make a major shift in direction because we are really in free fall. Canada is nearly at the bottom among G7 countries in this regard.