Thank you, Mr. Chair.
Thank you to our witnesses. This is an incredible study. It's nice to have you both here in person today, so thank you for taking the time to attend this committee.
Ms. Furlong, I'm going to start with you and what you ended with, venture capital.
We've had a lot of witnesses already come to this committee. We've talked about the obvious need for venture capital. We seem to have a lot of IP that's picked up from the U.S. and international partners because venture capital is more prevalent in the U.S. It seems more Americans than Canadians are able to take risks. Do you agree with that statement?