I'll raise a question with you to begin with.
As you know, or you may not know exactly, I have spent twice as many years in academia as in politics, so I'm naturally quite sold by the thrust of your argument. Mine is a more specific point, where you talk about removing commercialization activity from those entities that are not market-facing and never will be.
We had a person in here earlier today who was saying that to get a research grant, you should get extra points and be favoured if it led to commercialization. I kind of reacted against that.
What is your view, or the University of Toronto's view, on commercialization? Where does it fit? Should there be incentives to do more of it, versus what you might call pure research?