My question is for Mr. Balsillie.
You mentioned in your opening statement that the OECD projects that we'll be the slowest-growing advanced economy through to 2060 as a result of bad policy.
At the household level, people are feeling it with shrinking paycheques and rising costs. We see that in other metrics. We see a productivity crisis over the last 10 years, GDP per capita in real terms falling and investment per worker collapsing. It's no wonder the Prime Minister is asking Canadians to sacrifice more. Things are looking pretty bleak.
We know there are over 134 federal innovation programs. The Liberals, a couple of years ago, announced that they would launch the Canada innovation corporation. It looks like another federal bureaucracy.
Do you see an issue with that? Do you think that just pouring more money into it—they've announced $2.6 billion for it and it keeps getting delayed—and adding more bureaucracy is the approach? Do you think we have to spend our money a bit more wisely?
