House of Commons

Thank you. Thank you, everybody, for coming and speaking at our committee today. My questions are for you, Mr. Bergen. As the MP for Kitchener Centre, Canada's innovation capital, something you said today really stood out to me. You talked about Intellijoint Surgical, which comes from my home riding, being an innovative joint replacement technology, but they can't monetize. They're having trouble scaling because of red tape bureaucracies. It's hard to scale here in Canada. Also, there was an article that came out today from CTV that said, “Warren Lovely, managing director with National Bank Financial, told BNN Bloomberg...the private sector has already lost confidence in the federal government, and the country is dependent on the U.S.” Current policy, in the past 10 years, has not been in the form to create innovation and technology in Canada, and we've lost investor confidence in this country. This has been over the past 10 years. To me, these are policy and bureaucracy problems. You even said that it's not something to throw money at. It's how we create investment. In terms of policy, what can we do to create investment here in Canada and to support our innovation and technology sector?