Inflation is having an impact, and it's the most important thing in the agencies' budget. I'm a mathematician and I see the extent to which inflation is bringing down the value of the dollar in our budget. We have to do the best we can with the same amount. Compared with the National Science Foundation in the United States, for example, our situation is totally different. We have to compete with other countries, and that's very important for Canada.
On May 16th, 2023. See this statement in context.