I will call to order the 38th meeting of the Standing Committee on Industry, Science and Technology. Pursuant to Standing Order 108(2), we are continuing our study of Canadian science and technology policy.
We're supposed to have four organizations with us here today. We have three with us, and I believe the fourth is on the way.
We have, from the Networks of Centres of Excellence, Mr. Jean-Claude Gavrel, who is the associate vice-president; from Precarn Incorporated, Mr. Paul Johnston, who is the president and CEO; and from the University of Waterloo, Mr. Tom Corr, the associate vice-president for commercialization. We are expecting to have the Ottawa Centre for Research and Innovation, which I will introduce if they are able to arrive in time.
Witnesses, we have up to five minutes for an opening statement from each one of you, and then we will go to questions from members.
We'll go in the order of introduction. Mr. Gavrel, we'll start with you.