Mr. Speaker, I thank the hon. member for his question and am pleased to inform the House that just yesterday the Minister of Industry announced $779 million in new funding by the Canada Foundation for Innovation to support research throughout Canada.
These strategic initiatives are extremely important because they promote economic growth in Canada, enhance the quality of life for Canadians and, more important than that, they also position Canada as a globally competitive and innovative nation.
Needless to say, in science, research and development we aim for excellence.