Yes, thank you.
I will just make one quick comment about our IP policy. We have a creator-owned IP policy at the University of Calgary. We received some strategic input from an investor community here in Alberta that suggested that historical levels of IP claimed by the university were too high, and indeed a barrier to company creation. One of the interventions that occurred a number of years ago was a change to the creator-owned IP and a rather small university claim in ventures.
To your other piece, I know you are a parliamentary committee where science policy is in play, as I said in my comments. With the private sector expenditures in R and D being so modest in Canada, I do wonder about tax incentives for increased private sector spending on R and D as a potential lever.