Industry committee  Thank you for your question. Mr. Chairman, that's a very important question. The core areas of priority that we selected from our in-depth analysis obviously include the environment. It also includes sustainable energy. On the clean technologies, NRC is very much involved with fuel cells and hydrogen.

Industry committee  We do that in two different ways. First is by trying to transfer clean technologies, which we are developing in our labs, to the private sector through licensing agreements. When that is not possible, we try to create new companies, spinoff activities, and basically engage quite significantly with the venture capital market in Canada.

Industry committee  Thank you, Mr. Chairman. Good day. Thank you for inviting me to speak to you today on behalf of the National Research Council Canada (NRC). While I will be pleased to contribute to the discussion of any relevant issues, there is one particular point I would like to make. The National Research Council, or NRC, is exceptionally well positioned to support the priorities and vision of the federal science and technology strategy, modernizing science and technology to Canada's advantage.