Mr. Chair, Canada is a member of the G7. We are a developed country. We are one of the greatest countries in the world. I think it would be expected and normal for Canada's investment in discovery and innovation to be above the average of similar countries, whether they are G7 or OECD countries. Therefore, we do have a rough target there and we need a path towards that target.
That said, in terms of keeping the young researchers and scientists in Canada, we need to recognize that we have to create for them diverse job opportunities. They're not all going to go to universities. In fact, even the majority of Ph.D.s don't end up being university professors. What we need to have more of in the country are science-based industries and a science-based economy. Just because we are rich in natural resources doesn't mean we can't do it. In fact, many of the latest technologies, whether AI, robotics or quantum, can have an amazing effect on our sectors, whether it's agriculture, natural resources or even mining.
It's a combination of both. Once we have these industries, these innovative industries, they themselves also will be investing in research and will help pull us up again.