Not to be too picky but.... it's an investment dammit - not a bet! Look - I like Semeniuk's work. He seems to appreciate science and he writes good article. But calling it a "bet" is just wrong. No matter what challenges pop up in the implementation - and make no mistake, there will be challenges - the whole point is that we are pushing the envelope. And in the process of fixing the inevitable tears and rips (to push a metaphor beyond it's limits) we will develop new ideas and technologies that Canada will lead the world in. That's how you lead - you get there first.
You don't get to be "innovative" by following the crowd. Someone who knows the subject better has already picked the low hanging fruit and is well on the way to harvesting the rest of the crop (another damn metaphor pushed to its limits).
So no matter how this turns out, Canada will come out ahead. And as a result, the $243.5M is not a "bet" - it's an investment.