Canada will loose nothing it if doesn't increase science funding. Scientific advances occur in the private sector, which use venture capital to fund meaningful research.

Governments need to get out of the granting business altogether and laws should be enacted forbidding governments the ability to provide grants.

Grants amount to nothing more than the theft of taxpayer money. An embezzlement by governments elected by the people to manage the day to day needs of the country. Nowhere does that involve giving taxpayer money away.