Thank you.
Thank you to the witnesses who have come forward to the committee today.
My question is for Mr. Dahl, but before I ask the question, I'll give a brief overview.
In our meeting of November 3, Jim Balsillie, founder and chair of the Centre for International Governance Innovation, was quoted as saying:
When I last appeared before this committee in March 2023, I focused on Canada's failure to adopt a framework to own, control and commercialize IP from this publicly funded R and D, and I recommended building institutions and capacity for the knowledge-based and data-driven economy. Since then, there hasn't been a single new policy or institution created to meet the need for strategic reorientation.
Mr. Dahl, in your view, what are the most significant risks Canada faces if we continue without establishing the institutions for the knowledge-based and data-driven economy he recommended?