Yes. One of the things that I think are important in terms of some of the framing on this is that we have to understand that wealth and prosperity, as I mentioned in my opening remarks, are now captured in the ownership of IP and data-rich companies. That's no longer captured in traditional forms of things like labour. The overwhelming majority of it is now in who owns the ideas that are then able to power solutions.
Over the last 30 years, the economy has shifted, but our public policy hasn't matched. There's no silver bullet in this discourse. It is really about a system change, where we think more fundamentally about how an innovation economy is fundamentally different from, let's say, a jobs economy.
Let's take an example like the EV battery plant investments that were made. We warned the government that this is potentially a job strategy where you're supporting the building of R and D of foreign branch plants in southwestern Ontario. That will create some good jobs. We would never want to besmirch that, but at the end of the day, where the actual value is being captured isn't in Canada. We're merely a part of the supply chain. We're not part of the value chain.
Fundamentally, for us to get out of this economic malaise or decline, we actually have to put ourselves at the centre of the value chain and use the innovation and technology that are coming out of our fantastic academic institutions to the advantage of actually creating prosperity for Canadians.