Mike Wallace at the Industry, Science and Technology Committee

On October 2nd, 2012. See this statement in context.

October 2nd, 2012 / 12:35 p.m.

Conservative

Mike Wallace Conservative Burlington, ON

I have 20 seconds.

I'll comment, and maybe you can respond.

Some countries have fully refundable money and some have non-refundable money. One is a gift, in my view. There's a tremendous amount of risk in investing in R and D and IP, because maybe 30% of it materializes into something that's commercialized. Should the taxpayer not get some sense of security that it's refundable?

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