Thank you, Madam Chair.
Thank you to the witness here today.
Mr. Davies, it has been reported that Canada has entered a recession. This is quite a concern for me because the London region, including London—Fanshawe, the riding I represent, has a 9.2% unemployment rate, the highest in Canada. Along with that, economists have repeatedly warned us about Canada's long-standing productivity challenges.
Given that the NRC's mandate includes supporting innovation and commercialization, how do you measure whether NRC investments are actually improving Canada's economic competitiveness and productivity?