Thank you, Madam Chair.
First, I want to say hello to my colleagues and the witnesses who are with us this evening.
My first questions are for Mr. Bergen and Mr. Schiavo from the Council of Canadian Innovators.
Gentlemen, I took some time to analyze the documents you submitted, in particular the one entitled "CCI Talent & Skills Strategy". From reading it, we can see that the labour situation is a matter of considerable concern, in particular for innovative firms. We see this in the high tech sector.
That document refers to wage inflation among tech talent. In the past year, wages have jumped by 20 per cent.
Can you explain to the committee what the result of such a rapid increase is?