Thank you, Chair.
I'll direct my questions to Dr. McCauley.
The University of Calgary has become a top-five research-intensive university. Hearty congratulations. That is a higher rank than many larger central Canadian universities enjoy. The University of Calgary has done this even though it doesn't have the geographic proximity that some of these other institutions have to the central Canadian business cores or even access to the lobbying federal government folks involved in the research funding community.
I take from this that federal research funding is very important to the University of Calgary, but would you attribute part of your institution's success to your management of strategic objectives like a diversified portfolio of funding—that is, industrial funding, philanthropy and mixed land use—in order to leverage the impact of federal research funding?