Massimo Pacetti at the Industry, Science and Technology Committee

On November 9th, 2006. See this statement in context.

November 9th, 2006 / 5:25 p.m.

Liberal

Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC

I think that's what we're looking at, yes.

With the automobile sector, what's in their interest to invest money in R and D? I know what it is academically, basically, but what is it in terms of dollars? How can they value it? What are their numbers? Should they be putting in 2% or 4% or 10%? Let's say they decided on 10% but they have to reduce their costs. Would R and D be one of them because it's not profitable? How are they supposed to value that?

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