Thank you, Mr. Chair.
Mr. de Boer, you noted in a 2021 post for the Canadian Chamber of Commerce that:
The OECD reports that Canada is one of the few countries where technology R & D investment, is “stagnant,” investing only 1.5 percent of GDP and declining—while Canada's competitors are investing billions to improve their cybersecurity capabilities.
In your opinion, sir, what are some of the factors that contribute to that under-investment in R and D by the Canadian private sector?