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International Trade committee  If we recall what was on the table with CETA, there were three requests: patent term restoration, data protection, and right of appeal. In the agreement in principle it looks as if it was two out the three, which is progress, and I'm very pleased about it. But if with one of the

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  It's particularly in regard to some of the questions that we had a dialogue on already today: what kind of patent term restoration will there be, and how would it work? What does dual litigation mean? How will the right of appeal work? I mean, these are principles. It wasn't an a

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  The benefit is for Canada. The benefit is that we will do the research here in Canada versus somewhere else.

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  There are a number of factors when you determine where you're going to do the research. One of them is the IP regime, and Canada was behind in that. It's moving forward to correct that, so there is more likelihood—

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  The European IP regime was better than Canada's, and still is.

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  It still is, but we've moved forward on it. We moved forward with the CETA agreement. For instance, Europe has 10 years of data protection, we stayed at eight. We'll be able to attract more investment with—

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  There are a number of factors. It's science and it's other factors—

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  That's what I said.

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  Personally, if we had 12 years of data protection, I think that would be wonderful for this country. But right at this point, we didn't do that. We did move on patent term restoration and we are correcting the right of appeal. In terms of your other question, there are other com

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  Thank you for the question. Very quickly, again, I brought a document that shows the growth of investment since the mid-eighties, and we have honoured our commitment of 25 years. This is an updating of that. To your question, we believe that the signal coming from the Canadia

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  We're global, absolutely.

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  Thank you for the question. We did give you a bit of an overview of that in terms of costs. I will quickly highlight it as we go through it. One of the three elements of CETA is the right of appeal. It's pretty hard to predict what products you're going to have to appeal on and

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  We absolutely, certainly hope so, and we are going to be working for it. Otherwise the battles are not among companies; the battles are among other jurisdictions within the same company to bring those research dollars here to Canada. That's our commitment to the country.

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  CETA wasn't the focus of that at all.

December 10th, 2013Committee meeting

Russell Williams

International Trade committee  No. The Canadian health care system and the way we built our health care systems across the country make that rather difficult to do.

December 10th, 2013Committee meeting

Russell Williams