Finance committee  Thank you.

Finance committee  Thank you very much. The Jenkins report highlighted a couple of things in that the model for government investment is better oriented toward direct investments. You can more directly see the returns, and SDTC is a direct investment model. There is also not sufficient emphasis on the commercialization end of our innovation in Canada.

Finance committee  Thank you. We're asking to rebuild a fund that would be similar to the one we have already done. You can imagine that so far we have seen only 46 of our companies generate $2 billion in mobilizing private sector dollars, so if you were to take the $220 million and then double it, you're talking about billions of dollars' worth of private sector money being mobilized.

Finance committee  Thank you very much, Mr. Chairman and this committee, for an opportunity to talk to you about how Sustainable Development Technology Canada, or SDTC, which is the primary mechanism of the government to build a clean tech sector in Canada, can contribute to the very important requirements around maintaining and building jobs in this country and strengthening our economic recovery.