We've always suggested that refundable SR and EDs should be for all manufacturing. That was the recommendation of this committee's report on manufacturing; it was a recommendation of Natural Resources.
It's a beautiful instrument, because unless a company puts its own cash into innovation, it doesn't cost the government a penny. It supplements the public sector stimulus, the money that's coming from taxpayers, with private sector stimulus, money coming from private enterprise into research. We are innovating now. We're still investing in research and innovation, and what a great thing to encourage by making it refundable.
One of the ironies of the current SR and ED program is you only have access to the government's help if you're profitable. Maybe it would be smarter to use the government money to encourage companies to innovate their way out of trouble when they're not profitable, rather than to only reward those who are already out of trouble.