I'm happy to respond to that.
The defence industrial strategy reads like it was written in the 1970s. I'm very pleased that they're going to buy from Canadian companies. The money is going to be spent. There are absolutely no systemic strategies to capture the value from that. We've done this for decades. We do all this great research and don't get the economic benefits from it. First of all, we don't generate the IP, as we should. We don't maintain control of it, and we don't have strategies to insert that into the rules for what value is.
It's very simple. If somebody has the patent for a left-hand drive car and somebody has the patent for a right-hand drive car, and if they set the rules for a right-hand drive car, then the person who owns that gets really rich, and the person who owns the other gets steak knives. Setting the standards is very political. This has to be an integrated....
By the way, if you've ever looked at the USMCA, it substantially governs how we're allowed to participate in standards and how we're allowed to manage our IP and data. We're shackled in many of those rules, to put us into a low value-added position.
These are all examples of frameworks where others use them to expand their wealth, power, leverage and security. We have not attended to that, and the chickens have come home to roost.
