Mr. Speaker, I am glad the hon. member brought up the economy.
Over the last month our focus has been a stimulus package for the economy. Universities contribute $15 billion per year, 2% of GDP.
The question I have, then, is why would we cut back on funding to this fundamental research, $148 million cut back to our three granting agencies, when the U.S. is investing $10 billion? This will surely hurt Canada's competitiveness.