I believe Canada is a presence in the clean-tech sector globally, and it has significant potential to grow.
When I started working on clean tech a number of years ago, the focus was very much on early-stage development projects. This is pejorative, and I apologize for it, but it was guys working on stuff in their garages.
Clean tech has matured into large industry these days. In fact, while we sometimes talk about clean tech as an industry or a sector, it's not. There's clean tech in all industrial sectors. What we've seen in the last five years is a very dramatic embrace of clean technology by most of Canada's major industrial sectors, which creates significant opportunity.
I think the challenge we face going forward is that we're not alone in this situation. We've seen significant incentives and supports for clean tech in most other large jurisdictions, including the United States, Europe and China. If we want to maintain and grow our global market share, we have to be competitive in how we grow those companies.