I want to come back to what I think is the crux of the problem. It's also mentioned in the report by the advisory panel on the federal research support system. I'm talking about investment in terms of gross domestic product, or GDP. You can guess that Canada is not at the top of the ranking; it is right at the bottom. Canada is the only G7 country to have reduced its investment in research and development over the last 20 years.
You will also be aware that in the last two federal government budgets, not a penny has been allocated to the three granting agencies, and not a penny more is expected to be granted in the next budget either. I'd like to know what you think. If we don't invest, we're not competitive and we're also slowing down our capacity for innovation.
You gave a very good example earlier about vaccines. Canada was the only G7 country unable to produce its own COVID-19 vaccine. Once again, between you and me, that's—