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Industry committee  To add to that I'd like to quickly reference a book by the Canadian Academy of Engineering called Canada: Becoming a Sustainable Energy Powerhouse. It discussed nine big ideas, projects that Canada should pursue with mission-oriented leadership. In the 1950s and 1960s Canada would take on one such project a year.

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Would you like to go first?

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  There are two areas there, in general terms, as I discussed today. This ecosystem for entrepreneurial businesses, particularly those focused on disruptive technologies, which take time to commercialize and must have eyes on a global market, cannot just look at domestic markets. But we want in Canada to have prosperity, so we have a role for government to ensure all these things.

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  In the last three years, I think we kind of.... About five years ago we started our collaboration with Atomic Energy of Canada. There was before the restructuring, and then there's now during the restructuring. The restructuring has supported us in the type of thing we're doing.

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Fundamentally, the supply of heavy water is going to disappear, and there won't be new supply unless someone does something about it. We're using these new markets and new technology advancements, together with Canadian Nuclear Laboratories, to create private sector production in a very novel manner that's never been made this way anywhere in the world before.

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Thank you for that question. We're maintaining our lead on the nuclear side by focusing on the non-nuclear, somewhat paradoxically. What provides us opportunity in the non-nuclear sector is you have a diverse array of customers, and in our particular area with deuterium oxide or heavy water, they're so unconnected, from semiconductors to pharmaceuticals, it provides the ingredients of being able to move with market pull from multiple diverse users of small to medium quantities of heavy water.

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Thank you, Mr. Chairman, and thank you to the committee members for allowing me to address the topic of disruptive technologies. This is a very familiar subject. My life is focused on disruptive technologies. Today I would like to introduce myself, discuss the current efforts of Isowater Corporation in developing disruptive technology solutions, and provide some remarks regarding the importance of the role of government, including Industry Canada, to create a flourishing ecosystem for disruptive technologies.

June 2nd, 2015Committee meeting

Andrew Stuart