Would you also agree with this statement on the next page in relation to restricting the SR and ED to small firms:
In 2007 (the last year with complete data) about $1.3 billion in SR&ED credits was paid to CCPCs, while $1.8 billion was paid to “large firms.” The average payment to a large firm was $700,000,136 implying average SR&ED-eligible expenditures of somewhere on the order of $3 million. Restricting SR&ED credits to CCPCs will immediately reduce the SR&ED budget by about 60 percent — which is likely to result in far more substantial savings than implementation of the Jenkins Panel’s recommendations.
Would you agree with that?