Hélène LeBlanc at the Industry, Science and Technology Committee

On November 21st, 2011. See this statement in context.

November 21st, 2011 / 4:25 p.m.

NDP

Hélène LeBlanc NDP LaSalle—Émard, QC

Thank you, Mr. Chairman.

Thanks to the witnesses for coming to provide us with even more information.

My question is for Mr. Cohn. Your "Innovation Nation" strategy recommends a major transfer of resources of $3.5 billion, granted in the form of tax credits under a program known as the scientific research and experimental development program, SR&ED. You're in favour of direct funding measures for small and medium-sized businesses.

Could you explain what currently isn't working in the funding program known as the SR&ED program, these tax credits granted by the government?

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