That was in 2021, but the data remains the same today. We are laggers when it comes to R and D investment. While we welcome, for instance, the renewal and revision of the SR & ED announced very recently, enterprises benefit much more from developing R and D outside of Canada, particularly multinational corporations, because there are much more collaborative support systems in place, whether with university-based research or elsewhere.
BlackBerry has made a commitment to invest in Canada. We invest about 24% of our annual revenue in R and D, working very closely with Canadian universities, etc., but not all companies are incentivized to do so.
There really needs to be a concerted partnership between government and the private sector, not all across the board, but betting in particular niche areas where Canada has a comparative advantage. Our post here was that cybersecurity is one of the areas where Canada has a comparative advantage. We rank fourth in the world in the number of cybersecurity companies, but we're not keeping up the pace with Israel, the U.K. or the U.S., which is far ahead of us.