Thank you, Mr. Chair.
Good morning, Mr. Dicerni. Let me ask you a somewhat naive question. I am going to try to complete my education using your skill.
You eloquently told us that Canada's international efforts to encourage research and development are “Olympic level”. That was the expression you used.
At the same time, according to what you and Mr. Stewart told us, our private sector is not making the same effort, is not so dynamic. In the United States, if Boeing had waited for government handouts in order to get the Boeing 747 off the ground, you would be flying in a DC-3 in a few minutes.
How is it that the Government of Canada has made the necessary effort yet our industries, whose future depends on their viability and their long-term research and development, are incapable of making the same effort?
How do you explain that contradiction?