If I could add, Mr. Chair, I think it might be helpful to distinguish that the NRC, in addition to providing grants for IRAP, is also a performer of research. That distinguishes it from NSERC, which grants funding to the performers of research.
In one case it's a mechanism to flow funds to meritorious projects, as you would with IRAP, in fact, in funding a business. The other side of the NRC is they actually have expertise. Their operating dollars would be their talent, their personnel, and they dedicate those people towards strategic research projects in collaboration with industry and other sectors to actually solve problems. They run labs. They have talented people. They have Ph.D.'s. They have expertise. They're actually in a different line of business than NSERC.