May I add two dimensions to this that I think are really important?
The first is public procurement. We have amazing global champions in advanced industries. I'm thinking about CAE, Bombardier, and I'm thinking about MDA in space. They get money from NASA, from the Pentagon, but they don't get anything from DND. They don't get anything from our Space Agency—or very little if they get any.
Why are we thinking like this? No other country does this. We have to change the way we encourage our own global champions.
Éric Martel, the CEO of Bombardier, was telling me the Pentagon is in love with their planes because they are small and very technologically advanced, and here we are in Canada not buying any of them, including for our own Prime Minister, who travels a lot.
I think that's an aspect.
The other aspect that I want to raise, and you will be, I hope, sympathetic to this, is pension funds. Our pension funds have less than, and Kim raised this.... In Canadian private equity they have less than 3% of their portfolio. How crazy is this? How come we don't change the incentives for this to change? This is Canadian capital by Canadian taxpayers wanting a return on their pensions. We're sending this money all the way....
I think this is an easy fix on both fronts, but we're not doing it.