Subcommittee on Canadian Industrial Sectors committee  I would just add that one of the considerations, and an observation I've made that we see around the world, is that when we talk about this idea—and it really is an idea—of recovery through innovation, it's being tangibly addressed by certain countries in much more meaningful ways.

Subcommittee on Canadian Industrial Sectors committee  Sir, I support the view of my colleagues, and by no means am I going to make a statement that it's conditional. However, I would just add that one of the things that is related in utilizing VC is also to have some perspective on how we enrich the talent pool in this country and, furthermore, how we also help those wonderfully innovative organizations commercialize their practices.

Subcommittee on Canadian Industrial Sectors committee  Good morning, Mr. Chair and members of the committee. Thank you very much. I really appreciate the opportunity. As Bernard said, Hicham and I are just going to make a few comments and then look forward to your questions. I work for Cisco. We are the global leader in networking.