Mr. Speaker, it is very interesting that the World Economic Forum, at a time when members opposite are trashing one of our pre-eminent programs of innovation support, had this to say about the Government of Canada:
We have been well impressed by Canada's strong performance among her G-7 peers, particularly the cautious management of public finances.
It went on to say that more importantly, the country continues to nurture its capacity for innovation and there have been improvements with respect to company spending on R and D, the extent of absorption of new technologies and the level of business community and continued penetration—