Thank you.
I want to move over to Mr. Susalka, who met with us when we were in Washington.
Thanks for joining us again this morning.
You brought up some really good points when we were in Washington around the industry participation in research funding. In Canada, 11% of research funding comes from industry, while in the United States, it is 7%. It's been flat for 10 years, you told us. Licences that include equity have increased by 40%. You mentioned that Canada seems to be doing more with less. Is this an example? With Mr. Hinton we were talking about leakage into the United States. Is AUTM looking at U.S. businesses operating in Canada, putting research dollars into Canada, and drawing IP out of Canada? Is that something AUTM is concerned with or is looking at through its Canadian membership?