I think I'll illustrate it with an example. At our university, because of our location and our history, we're extremely strong in the nuclear energy space. One of the areas that we all know is experiencing a renaissance is nuclear power, whether it be small modular reactors or baseload plants.
In order to advance Canada and the world, you need organizations like ours, which has the only undergraduate program in nuclear engineering, followed by master's and doctoral programs in nuclear engineering. We need that kind of specialized talent to be able to move research from the lab into SMRs that don't yet exist.
It's a really great example of how the federal government needs to invest in a technology so that we can have proof of concept here in Canada through CANDU technology or, indeed, other technologies of SMRs working in the field in Canada, and then begin to sell those assets abroad, which I have also been involved in, in terms of initial talk.
When we talk about our competitiveness on the world stage, it all comes back to how seriously we are taking research that will drive industry and industries that will drive international trade, and areas where we can be leaders with our Canadian presence and our footprint today, not areas that we aspire to be in. I would say those are also very important in this discussion, but it's in areas we already lead and that we don't leverage effectively where federal investments can help the ecosystem to move even more quickly.