Thank you.
I would like to ask formally, Mr. Hewett, if you could see if there are statistics on the number of firms that do perform R and D in Canada but whose ownership is foreign-based and therefore are restricted from taking advantage of SR and ED credits. I'd be interested in knowing whether they are significant or small in number.
Again, to cite the Conference Board of Canada, they came out with a report last year that put forward the idea of playing to our strengths. They specifically chose, or came up with, a number of areas where they felt there were going to be significant markets worldwide for the technologies Canada was well placed to take advantage of. Amongst them were water management and regenerative medicine; the other one was energy-related.
Within your branch at Industry Canada, how do you approach the idea of playing to our strengths or focusing on areas where we could do particularly well? For example, I know that in the aerospace sector there is the SADI funding, which specifically looks at aerospace and defence. But in a more general way, do you come forward with policy that is focused on playing to our strengths?