To commence, what I would like to do is thank you for your work not only in your community, but with chambers. We work closely with the Canadian Chamber of Commerce as well as local chambers.
When it comes to IP, I know that Minister Bains talked about the fact that only about 9% of small businesses have an IP strategy. That's about 106,000 businesses across the country. We're talking about the backbone of our economy. We know that only 10% of small businesses hold formal IP, so we really do want to make sure that we create a plan, a strategy that works. He was really excited to launch it. We are really grateful for the work of this committee and the input that you were able to provide.
When it comes to the estimates, I'll turn to my deputy.