I believe it's the case that every dollar invested in applied research carried out by polytechnics generates a combined private and social return ranging from a low estimate of $8.09 to a high estimate of $18.49. It's one dollar in and up to almost $19 out in economic activity.
You also mentioned in your opening remarks that with the tri-councils—the government research councils that distribute taxpayer funding for research and development—97% of funding goes to universities and only 3% goes to polytechnics. Is that correct? Also, was there any movement on that in the recent budget put forward by the federal government?
