I'm going to focus on the NRC in my questions.
First of all, I noticed that, as you said, that NSERC is using about 4% of their budget to deliver their programs, some $43 million, and are delivering over $1 billion in grants.
When I look at the NRC, I see a different picture. You had mentioned, first of all, IRAP and how that has changed, but I have the last 10 years of IRAP's operating budget. In 2005, it was $48,600,000. In 2015, it's $48,100,000. It's the same number of dollar terms, but in buying power, it has actually gone down, but they're delivering way more. I see a huge increase in efficiency in IRAP.
However, when I look at the overall NRC program, I see that their operating budget exceeds their grants significantly. Why is that?