Thank you very much, Mr. Chair.
As you know, Canada is the only developed country with an intellectual property deficit. That means that we spend more buying other countries' technology than the rest of the world does buying ours.
In a recent article I brought to this committee, the author, Jim Balsillie, criticized the fact that Canada has no intellectual property strategy. The European Union has a sophisticated system for protecting intellectual property. Obviously that is part of the Canada-Europe Comprehensive Economic and Trade Agreement, which ensures prosperity for Europe's pharmaceutical industry.
Do you think that Canada still has a way to go when it comes to protecting our businesses' intellectual property? I think you will all have something to say about that.