Finance committee  Do you specifically mean the depreciation?

Finance committee  It relates to a question about the productivity of Canadian companies. Between May 5, 2003, and January 1, 2005, manufacturing companies in the U.S. could write off 50% fully of all equipment purchased, so a company that bought a $1 million press could take a 50% depreciation. In Canada, you would take 25% and half of that, so it would be 12.5%; you would record a cost of $125,000 versus $500,000.

Finance committee  All Canadian stamps are produced in Canada today.

Finance committee  Thank you, Mr. Chairman, and good afternoon, ladies and gentlemen. My name is Ward Griffin, and I am here today in my position as immediate past chairman of the Canadian Printing Industries Association. I'm also president of the Lowe-Martin Group, headquartered here in Ottawa.