Mr. Speaker, I had the privilege of attending an innovation summit as well but it did not throw all innovation on the backs of students. As a matter of fact, the process challenged business people, political people, people from all walks of life to put on their thinking caps and do some innovating of their own. Another innovation summit will be held here in Ottawa this fall.
I can tell the member that rather than laying it on the backs of students, we laid it on our own backs. We looked at what was good in our environment now and we looked at what we would need to do to move forward. That was our interpretation of innovation. The federal government has committed $3 billion to that innovation.
Talking about the cost of student tuition, I would like to remind him that we do have a $2 billion millennium scholarship fund. This not only allows students of lesser financial means to take advantage of student loan programs but the millennium fund is also there to provide some assistance.
A member of my family, who did not have the resources to complete university, completed it through the student loan program, which helped him out immensely. When I went through college I was lucky enough to earn enough money to pay my tuition, but I will admit that was many years ago and the cost of tuition was, admittedly, much less than it is now.
We have a tremendous future ahead of us. Innovation is not limited to students or universities.