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Industry committee  The key thing is that the nuclear demand for deuterium oxide, or heavy water, is growing substantially in countries like India. They're starting up four CANDU-equivalent reactors in 2015 and 2016. They have 10 to 12 more that are being started up in the next eight years. This is

June 2nd, 2015Committee meeting

Andrew Stuart

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Teva just invested $3.2 billion in a California drug company that only does deuterated drugs. It purchases for $3.2 billion a company with almost no revenues. These are the sorts of life science industries in the United States and why they're so powerful, yet this investment is b

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Canada was. I think India, by far, now is. India has a fantastic program, but I think India can't produce as much as it needs in the next 10 years. Canada does not produce. The United States does not produce. There is about one drum of deuterium oxide in the United States, in the

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I'd say that Canadian Nuclear Laboratories is a pillar of disruptive technology for Canada. We're slowly peeling away the layers of the onion on what those 3,000 scientists and engineers can do in this transition to the GOCO private operator, which is generally going to be a cons

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Semiconductor silicon chips have always been hydrogenated to form silicon hydrogen bonds. What happens with deuterium is that instead of using light or normal hydrogen, if you use heavy hydrogen or deuterium, which weighs at a higher atomic mass, there's a unique chemistry that o

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Deuterium and particularly the hydroxyl ion with deuterium in it replaces the regular hydroxyl ion in the production of fibre optic cables or fibre optic lines. That allows much more light to pass through. The conventional way of doing it blocks about 30% of the light. If instead

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I think you have to separate out EDC's activities a bit. They are there to support Canadian interests in export markets. I think what we're looking at is what we can do in Canadian markets. Sometimes it's harder for a Canadian company to win in Canada than it is for a Canadian co

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I could comment on that. Since I was trying to reduce my opening remarks, I chose not to address that, but I'm very glad you raised the question. I think Canadian control and ownership has been lost in so many of our leading firms like the Incos and the Alcans, and then you go

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I would add to that. Programs such as what NSERC has to help hire summer students—not just summer students, I should say, but also students who are finished their third year and enter what is called a professional experience year—particularly for emerging small companies are fant

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I don't think you can rely on students to achieve everything, so—

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I think one thing we do very well as a small business in a very high-knowledge field is act with consultants and knowledge-based experts, people who we could never afford to hire full-time, people who would never want to work for us full-time, but people who have very strong expe

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  I think we need foreign investment. In the number of ventures I have developed, there has always been some Canadian support and leverage with some of our government programs to advance a prototype. As we got close to something that visibly looked like a product and could be bro

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Mr. Balsillie is extremely knowledgeable, and that's why referencing his article covers a great deal of scope within a very few moments. I think I would take everything he says quite seriously. I found the patent issues really interesting and how trade agreements are set up. The

June 2nd, 2015Committee meeting

Andrew Stuart

Industry committee  Yes. It's a very good point and it's absolutely what I referred to earlier. To America we are off-balance-sheet R and D, and when it looks good then we become on their balance sheet and many of us move to the United States. I think this is a really important thing to address. I'm

June 2nd, 2015Committee meeting

Andrew Stuart