Thank you.
Thank you, Minister, for being here today.
At our last meeting about moon shots, one of our last witnesses on that idea was Dr. Alexandre Blais from the Université de Sherbrooke talking about quantum physics. One of the points he really emphasized during his talk about how we should do moon shots was that, before we could even think about it, we have to support our young scientists. You mentioned supporting young scientists yourself in your opening remarks.
However, while we are putting big money into big ideas, we seem to have left our young scientists completely behind in Canada. You have members from the tri-council here, and they provide valuable scholarships that keep these young people alive, basically, while they're doing their master's thesis, their Ph.D. or their post-doctoral fellowship. However, certainly for the graduate scholarships, those funding levels haven't changed in 20 years and these people are living in poverty.
When the Ontario science policy network did a survey in 2021, it found that 45% of respondents don't have enough to get by. They struggle financially every month with 87% reporting stress and anxiety about their finances. More than half are living with no savings at all. They found that 32% of graduate students considered dropping out of their program due to financial concerns.
We've been telling the government about this for a year now, it seems. I was hoping to see something in the fall economic statement about it. I'm praying that there's something in the budget coming up that will address this problem in a serious way. These people I think are 48% behind where they should be, had we kept up with inflation.
What I'm saying is that we can make it our first moon shot to make sure that our young scientists don't have to live in poverty and worry about that, and instead get on with their lives and do the good work that they need to do. We're losing 38% of our Ph.D.s overseas every year because conditions are better in every country except Canada.
I'm just imploring you to fix this and make it our first big moon shot.