Thank you, Ms. Gagné.
I'm glad you're here, Mr. Hinton. You said something very important. Only 7% of the IP generated under the pan-Canadian artificial intelligence strategy is owned by Canadian interests. That's very worrisome, I must say.
Other experts who appeared before the committee said that Canada was at a crossroads. Do we want to be a net consumer of innovations invented and produced elsewhere, or do we want to be a net exporter of homegrown solutions?
Tell us, if you would, about the tangible risks and consequences of doing nothing—of not having a real strategy and not turning things around to fix this. What could happen to Canadian business, to Canada's economic prosperity?