Finance committee  Thank you very much, Mr. Chairman and this committee, for an opportunity to talk to you about how Sustainable Development Technology Canada, or SDTC, which is the primary mechanism of the government to build a clean tech sector in Canada, can contribute to the very important requ

Finance committee  Thank you. We're asking to rebuild a fund that would be similar to the one we have already done. You can imagine that so far we have seen only 46 of our companies generate $2 billion in mobilizing private sector dollars, so if you were to take the $220 million and then double i

Finance committee  Thank you very much. The Jenkins report highlighted a couple of things in that the model for government investment is better oriented toward direct investments. You can more directly see the returns, and SDTC is a direct investment model. There is also not sufficient emphasis on

Finance committee  Thank you.

Finance committee  Thank you. I believe there are different ways of providing support, and the SR and ED methodology does indeed add value. I don't know that we need to have a differential rate for clean technology on the development side. I think we have a mechanism that works. There could be oth

Finance committee  We do see companies that have been supported by IRAP. The last time we checked, it was in the order of 25 of our 220-odd companies. We work well with them. The SR and ED number, I don't have. But there are quite a large number that will access SR and ED, something in the 70% rang

Finance committee  In screening our opportunities, we don't just look at the technology. We look at the strength of the team and the market opportunity. There has to be customer demand for that product—that's a key criterion. We have not yet looked at how the government might help in a general st

Finance committee  Thank you very much for that question. I would like us to have the opportunity for the model to move more explicitly to be able to obtain some returns on our success rates. As you just mentioned, Titanium is a wonderful company. It's an example. Another one is EcoSynthetix. It j

Finance committee  It would take us to the early stage, where we still work, where there is not sufficient risk capital. In terms of EDC, I would say that we work very closely with them. Some of our companies are now large enough to go through the stand of product offerings of EDC. We are working

International Trade committee  Thank you very much, Mr. Chairman, and thank you for the opportunity to be here this morning to address you on what is a very important topic for the success of the companies that SDTC supports. I believe you have our presentation there. The points that I want to start out with

International Trade committee  Thank you very much. The assumptions on page 5 are based on the fact that we haven't got the CETA component in there. These are based on questions to the clean-tech companies we work with out of the portfolio across Canada. We've talked about their paths to market, their intend

International Trade committee  Thank you--another excellent question. In terms of growth, we see the U.S. market as not as large as the EU, as you have noted on one of the slides. However, those are percentages. In total size, we see the clean-tech market growing as a whole. At the moment, the clean-tech reve

International Trade committee  Yes, the technologies are integrated into the natural resource. Forestry, agriculture—we're now moving heavily in the oil and gas side—and energy efficiency use in buildings would be the primary ones where we're having big successes. Thank you.

International Trade committee  I'm trying to do the math in my head. It's 1% of the market, which we have moved from $1 trillion to $3 trillion in that time space, so I'm having trouble answering you, though, specifically on that number. Obviously that's a share of a huge market, and the SMEs are small compan

International Trade committee  Thank you very much. Our mandate is to develop a sustainable development technology infrastructure in Canada. We do that by selecting and picking strong Canadian companies that have clean technologies and need to develop those, and we put funding into them—one third of it being