Thank you very much for your presentations. I'm sure they'll be helpful to our study.
The first question I have is for Richard Gold. You mentioned one of the issues that I think this committee recognizes, that the universities are selling their tech to American firms and American firms are selling it back to us. It's sort of a double whammy.
Why is that? Why aren't Canadian companies doing it? Is it money? What's the issue? Can you expand on that for us?