I would say yes, and I would point out the projects in the last budget.
The Chairs for Research Excellence for a total of $10 million, announced in the budget, is real money. It is also very competitive.
As well, the Vanier Scholarships, valued at $50,000, will also allow us to attract first-rate post-doctoral students. In candidate quality, these scholarships will rival the Fulbright and Rhodes scholarships and so on. The objective is to attract both professors and students. When I say students, I mean people who have finished their PhDs.
You mentioned collaboration with the United States. This is already being done on a number of fronts. Specifically, there is an excellent project that brings together researchers from Canada and California.
As to private sector participation, you said earlier that, by population, our tax credit rate was ranked third in significance. In that respect, the government is doing all that it has to do with the tools it has.
I draw your attention to a speech by Red Wilson a few weeks ago. It dealt with the importance of making it easier for the university world and the business world to come together. A number of other experts have dealt with the same subject. Mr. Bachand also spoke about it in Quebec. Mr. Wilson heads the group studying the laws that govern competition. In his speech, he highlighted the importance, in a country like Canada, of encouraging as much as possible a better dialogue between the private sector and the universities. We are going to work on it.