Mr. Martin Lavoie at the Industry, Science and Technology Committee

On October 17th, 2011. See this statement in context.

October 17th, 2011 / 4:45 p.m.

Director, Manufacturing Competitiveness and Innovation Policy, Canadian Manufacturers and Exporters

There's probably a way to expand SR and ED a bit. The Jenkins panel report made some recommendations to make it just labour costs, for example. That would restrict the types of activities that would be eligible under SR and ED, considering that 70% of R and D in Canada is done through SR and ED and indirect programs. So if IRAP can counterbalance the indirect support we're providing right now with some more direct support for ICT acquisitions, we would probably support that recommendation.

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