Well, I can confirm that in fact there is no such adjustment mechanism in place. In other words, Canadians who pay a carbon tax are treated much less advantageously than American companies are.
My second question is to Mr. Hinton.
Yours is one of the most sobering assessments that this committee has ever heard about our lagging innovation performance in Canada.
You listed a number of challenges...there was actually quite a long list of challenges that undermine our competitiveness, especially within the innovation space.
Could you quickly go through that list again, and then perhaps put special emphasis on two elements that I picked up. One is the patent box, and the second is the $10 billion in university investments that the federal government makes, which really never get repaid because those companies that receive support eventually become non-Canadian.