I think it really depends on the criteria. If you look at excellence after the....
The granting councils are great at funding people and projects, but once that cheque is cut and the project's green-lit, there's very little follow-up and follow-through on the impacts of it. Students are developing into highly qualified people and we're publishing and getting citations and patents, and that's all well and good, but when you look at the balance of trade and the IP deficit that we have, showing clearly that Canadian companies need to license intellectual property from abroad and that the IP that we're producing doesn't seem to be that attractive to our international friends, perhaps we are creating things that are solving problems that Canadian innovators and companies don't quite have. If that leads to blaming the receptor capacity of industry for not being able to adopt and implement these innovations, that's unfortunate. Our global friends have developed models that do look more along the balancing of applied and basic research that maybe we should look a bit closer towards.