Thank you very much, Mr. Chair.
Let me welcome the witnesses who are joining us this evening.
My first question is for Mr. Patry.
Mr. Patry, first of all, I would like to thank you for your work with the Group of Canadian Research Universities. I know that you will be leaving your position next April. I would like to thank you for all your work and to congratulate you. It is a pleasure to welcome you this evening.
I have read your recommendations in your pre-budget submission for the 2022 federal budget. I was particularly struck by recommendation number 2 on Canada's investment in research and development.
As we know, Canada is losing ground and falling behind. Compared to our neighbours, the United States and other OECD and G7 countries, in terms of investment as a percentage of GDP, Canada is falling behind. This obviously reduces competitiveness.
I'm trying to see what consequences this has on the ground and in the universities. How is Canada doing in terms of not investing enough in research and development?