Mr. Speaker, first, all of those foundations are audited by private sector auditors. Second, those foundations, as an example the Canada Foundation for Innovation and the Canadian Institutes of Health Research, were mentioned in the speech and were welcomed by the venture capitalists, because basic research forms the foundation with applied research, the commercialization of the research and the job creation that follows.
Yes, I did lay out a very detailed plan as to how we build a modern economy and it was applauded.