I don't see how reducing tax incentives could resolve the original issue, where the R&D expenditure percentage of the GDP is lower for Canadian companies than it is for companies in other countries. That is kind of like saying that, since Canadians are not saving enough money for their retirement, we will eliminate all RRSP-related tax credits.
There aren't really any alternative solutions. What we have heard is that more direct support will be provided. In the case of a company set up in Connecticut or in Germany, for instance, it does not help much to go see the international CEO to ask what will happen to R&D over the next five years and tell him that there will probably be some money available, at some point, for direct support.