It's very hard to compete with China, because they're pouring trillions into research and development. We don't have the money to compete with that. We were at our peak in R and D investment back in the early 2000s, when we had a surplus. Since we lost our surplus, there has been less and less invested.
I see it. My first ADM assignment was in the Department of Finance, so I was funding R and D. It should be seen as an investment. When our R and D investment can be put together with investment from the U.S. and other countries, it will have more traction and more power. We should not be taking our Canadian resources and handing them to the Chinese. This pains me to say, because I worked for many decades on those collaborations, but China has changed under Xi Jinping.