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International Trade committee  Sure. With regard to the TCS, I think they're very well positioned. They've reached out. They're aware of us. We're aware of them. They recently set up through the TCS's Atlanta trade commissioner a technology innovation session that was taking place in a large automotive company in Mississippi.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  Yes. I agree with your question. It's a very good question. I liked it a lot. In terms of the ability to understand how many businesses are in this one million, those are the government's statistics that come out. Those are the numbers we've been given. We're not sure just how detailed or how finely cut that database is that's available.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  I think you're right, in many ways. The two companies you talked about both have huge potential for Canada. You know about them. Other people somewhere will know about them. But those organizations may not know about the trade commissioner services, what Canada has to offer. In the case of the farm parts manufacturer, they may not be interested in exporting, or they may not know how to do it, how to engage.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  It's more a question for Neil.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  You have me at a bit of a disadvantage. I don't have the translation device; I apologize.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  I'm very sorry about that. I do want to understand and answer your questions.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  The government has put in place some of those basic foundation blocks. There are pretty encouraging developments in terms of focusing on SMEs, and providing them with funding. I salute those efforts. What we need to do is to start to build on them. As Neil said, we have to create awareness.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  No, it's not; there is no real difference, or if there have been differences we worked them out years ago, so that it doesn't feel as though there are differences right now.

March 23rd, 2015Committee meeting

Jim Reynolds

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  I would say 80%.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  When we do business in the U.S., we basically have price sheets, etc., set in U.S. dollars. On the days when the Canadian dollar is worth more than the U.S. dollar, what we net back is a little lower in Canada. When it's the way it is today, the net back is a little higher. We have to make our business model profitable on selling in U.S. dollars.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  Well, I wish we could, yes.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  Those are very, very good observations.

March 23rd, 2015Committee meeting

Jim Reynolds

International Trade committee  On additional resources, I think of net additional as “redeployment of existing” resources. I come from a corporate background, where we did a lot of restructuring and bringing companies out of CCAA and things like that. Oftentimes, you don't have the luxury of saying you need more resources; you have to redeploy what you have.

March 23rd, 2015Committee meeting

Jim Reynolds

March 23rd, 2015Committee meeting

Jim Reynolds