Thank you, Mr. Chair.
Thank you for coming today.
I have a larger budget question, although it's related to the supplementary estimates. I'd like you to situate these estimates in a larger context. According to the latest StatsCan bulletin, “Federal science and technology spending for fiscal year 2012/2013 is anticipated to decline 5.9% from 2011/2012...”. When adjusted for inflation and shown in real dollars, we are looking at something like an 8% cut. Do you dispute this assessment?