Thank you, Mr. Chair.
I have a question for Mr. Best.
You cited that Canada ranks first in the G7 in terms of private sector investment in university research. You also referred to some challenges we have around commercialization. I'd like to understand how that is sustainable. If the private sector is investing significantly in university research, yet the commercialization is not occurring at the rate it ought to at the other end of the process, it doesn't strike me as being a sustainable situation, because ultimately the private sector tends to base investment decisions on commercial outcomes.
I'd be interested to know how we have those two seemingly divergent facts.