I cannot speak for my colleague, but I will say what I know.
As I said in my notes, it's concerning to see the level of pick-up from the private sector after all the investment by our government. SR and ED is one of the most generous regimes we have had, for example.
The idea is to find out how we can better leverage funds from the private sector. The Jenkins panel was mandated to look into this. Basically they came up with a report and addressed several issues.
With regard to the SR and ED program itself, they addressed the issue of procurement and the role the government could play in procurement. I have to mention that in budget 2010, a pilot program of $140 million was announced, through which the government could consider some new technologies from what I would call the “post-prototype until the commercialization” era. This is a good way to help. We are the greatest purchaser, so there was a pilot program there, and there was good success. There was a good report recently about that.
After that, the panel also addressed the research area in general. It made some conclusions about the NRC and other granting councils. Finally, the Jenkins panel addressed the issue of access to capital for the high-growth firms.
These are basically the areas that were touched on. Of course, I also presume that the aerospace review panel will consult this report to make sure we fully consider what has been studied in the past. I would say Jenkins is a more general umbrella, but after that it will be useful for a narrower analysis, such as that done by the aerospace industry.
We are studying it. Of course, we will respond to conclusions.