Thank you, Mr. Chair.
My thanks to the witnesses for joining us today. It's really nice to hear from you.
I have several questions to ask, so I will try to be brief, while touching on all the topics I want to discuss.
There is a lot of talk about the perennial issue of balance between basic research and applied research. As we know, we need applied research because it is a key component of science.
I would like to take the time to quote David Robinson, executive director of the Canadian Association of University Teachers. He said the following:
When it comes to supporting university-based research, the federal government has an unbalanced approach. [...] The government continues to miss the fact that real innovation and scientific advancements are driven by long-term basic research, not short-term market demands.
Do you think more investments are needed in basic research? If so, how should those investments be made? I would also like you to talk about the role of education and basic research in stimulating innovation.
I saw our guests smiling.