Natural Resources committee  We've taken the metaphor of the CMHC for the low-carbon economy. All of you, I'm sure, are well aware of what the CMHC does. It makes it possible for Canadians to guarantee their mortgages by taking the last part of risk in the loan that the bank, the private sector, makes. We

Natural Resources committee  It is a new industry in which Canada has invested a great deal. We have the capacity to create companies. These companies already employ more than 55,000 people. It is a very promising sector in terms of economic benefits. In the 2016 report, we noted a drop in the revenue growt

Natural Resources committee  Hello, ladies and gentlemen. Thank you for inviting me. I am very pleased to appear before the Standing Committee on Natural Resources. I will start with a brief introduction on the Paris agreement and the nature of clean technology firms. I will address three barriers to adopt

Finance committee  Well, sir, I have to say that the definition that is being used in this reference is a definition from the OECD. It's not from Google. I have to take the OECD's as being perhaps the one that I would refer to. I can come back to you with other examples—

Finance committee  It's the OECD's reference figure.

Finance committee  The OECD agreed to a definition that I think did include fiscal measures, so those measures are the ones that are included, and I regret to say that they are not consistent with Google's definition.

Finance committee  Absolutely, thank you for the question. I mentioned the idea of public backstopping through institutional mechanisms like CMHC for the recovering economy. That's a domain called blended finance. Blended finance is like what the World Bank does when it stands to take up the part

Finance committee  Commercialization is where you actually get money for what you invented, and you get to employ people to do that. I think Canada's in the process of going through a major economic restructuring. If we think of Canada as a corporation, the lines of business are going to have to ch

Finance committee  Canada has been thinking for some time about productivity and why Canada's productivity figures are not at the level we would like them to be in OECD rankings. This has led to some fairly serious consideration about matters to do with innovation. Productivity is a result of inve

Finance committee  Thank you, Mr. Chair. Hello ladies and gentlemen, members of the committee. Madam Clerk, thank you for this invitation and for your team's support. I'm a fellow at the Centre for International Governance Innovation, and I've published this year two peer-reviewed policy briefs