Thank you, Madam Chair.
I would like to extend my greetings to all the witnesses and thank them for joining us today.
I will begin by addressing the FCCQ representatives.
The government has introduced what is known as the productivity super-deduction, which is simply a marketing term for accelerated depreciation. They gave it a fancy name and thought it was a generational initiative, but it's actually quite standard in many countries.
The difference is that, in Canada, the Minister of Finance has handpicked the winners; some sectors have access to it, but others do not. Take the fibre-optic sector, for example. Investors tell us that, if we want to roll out fibre-optic infrastructure to improve our digital sovereignty, we do not have access to the super-deduction under the current parameters.
Do you agree that significantly broadening the application of this super-deduction by selecting fewer winners would serve as a catalyst for growth and potential economic development?
