Thank you, Mr. Chair.
Mr. Jennings, I would like to direct your attention to the new fund intended in the main for technological innovation. In this regard, the Automotive Innovation Fund is particularly important because it potentially represents the future.
I noted at point 5.77 in chapter 5 that you reported on performance evaluation measures. However it seems to me that a global perspective is lacking, and that the Canadian industry should have a technological specificity all its own, under Canadian control. The purpose would be to offset the fact that investment decisions are often made abroad, since the Canadian automotive industry belongs to foreign interests.
Through this fund, how could we stabilize foreign capital on Canadian soil, while preserving intellectual property for the future?
I think Mr. Jennings and Mr. Domingue could share the time and both answer that question.