The business expenditures in R and D—that statistic—are tough for Canada. I agree. I love to think that colleges are part of the solution for this, and that's because we really leverage the industry's contributions in this space. For a partner who needs us to do a project for them to develop a new innovation, we're not going to just give it away. We need them to put some skin in the game, and it's a long-term journey, of course, to get that stat up to where we maybe want it in Canada, but we can slowly tease that along and increase the leveraging amount the business is willing to put in when they start to see benefit. I think colleges can really play a role in solving that problem.
On March 7th, 2023. See this statement in context.