Industry committee  My manufacturing friends are going to kill me. I don't know; people have been saying that for years and years. There's a more fundamental problem: we have to be more competitive.

Industry committee  Yes, I'll take it.

Industry committee  No. I didn't say we were moving to the United States. What I'm saying is that we have an environment in Canada that's an unpredictable world for business.

Industry committee  No, but I'll tell you one thing. I own this business--you're looking at the owner and the CEO--and we are based in Canada. The head office is here; the profits from my U.S. operations come back here and also get taxed. I have to think about what to do.

Industry committee  My point was not about the income trust thing. My point was grandfathering it, and that equals what I call stability. The government should have said that from now on we're not doing that anymore, retroactively causing collapses in values and everything else. It's a very scary co

Industry committee  Get the right 250,000.

Industry committee  My recommendation is very similar to the way you run a business. If you decide you want a strong business, you work backwards from there. If this country wants to have manufacturing as what we call our strategic advantage—if it does, versus resources or whatever—then what we have

Industry committee  That's not what I said. Eight years ago we were at $50 million; today we're at $250 million. We've actually grown in Canada; we've added a plant here in Canada, but we have not grown the way...all of our growth is mostly in the U.S. This is not an anti-Canadian situation.

Industry committee  It's not Canada's fault. My customer is in Indiana. I have customers in Indiana. They want me to be close to them, and I'm opening up a plant there. The reason I brought it up is that I'm trying to help. What about the company that has a customer in Canada? Is the Canadian envir

Industry committee  There's good and bad. It's not all a great story. They give you special loans, but the problem is that the paperwork exceeds the cost of the loans. So we actually declined the loans, because it's just not worth it. However, they do provide a lot of money for training. I'm abuzz

Industry committee  I'm the wrong guy to put that question to.

Industry committee  What I believe is that if we're going to be successful, we need good, well-trained management. I'm in a consortium called the HPM Consortium. I told members in my company, in this consortium, to protect the dollar, to do this, to do that, but they didn't. I think the fittest surv

Industry committee  I think one point that needs to be really clear on this currency matter is that it is a worldwide thing. The U.S. was in terrible shape five years ago because of the high U.S. dollar. Our customers were in hard shape then. Now the dollar has dropped, and the euro is high. It's ac

Industry committee  Yes. I think the problem is nobody's fault. You have the bigger plants consuming the smaller plants, and some of that work is going south, especially in a downturn. I think some of our Canadian customers have suffered from the inability to respond to the dollar quickly enough. Es

Industry committee  Thank you. Well, I came because I heard there was going to be a free lunch, but clearly it's just water and coffee, so I'm a little disappointed already. Thank you for inviting me. I'm president and CEO of Mancor Industries. Mancor is a Canadian company with a head office in O