Thank you very much, Mr. Chair. I'm going to be splitting my time with Mr. Guglielmin.
Thank you to all of our witnesses. I wish we had more time, but I'll jump right into it.
Mr. Hayden, in a Globe and Mail article, you indicated that a program like SR and ED costs billions, yet it's not as effective as it could be.
Could you provide this committee with some ideas as to how that program could be improved?