First of all, I would like to say thank you, MP Cannings, because you've been a big voice. I think we meet some of the same people. Thank you for bringing the human dimension to all that, because it's all about people, at the end of the day. I'm grateful for the work you're doing. I say that as a colleague who esteems you very much and what you're doing.
I am as preoccupied as you are in terms of the relative numbers we've seen and where we need to be and where we are. Trust me. I'm always raising my voice to do more for our students, for our graduates. It's certainly something we're looking at. You're quite right. We have made record investments, since 2016, of $14 billion, but we need to also measure the relative performance in terms of these grants to the students. I'm very well aware of the statistics. I can assure you that it's something I take very seriously. I think Canada's success in the future depends on talent, and talent is the young people you talk about. We've met the same people. I think we were together in some of these fora.
I'm very sensitive to that. As you appreciate, I don't have the last say in all of that, but certainly it's something that is very top of mind. I want to thank all the young Ph.D. students, researchers and graduates who are coming to Canada. We're still a big magnet for talent, I can tell you. If we've been able to attract the likes of Stellantis in Canada, BASF, GM and POSCO, they realize....
Of the five things I say, the first thing is always about talent. We are a magnet for talent. We need to continue to be, and I'm grateful for your help in making sure we achieve that.