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Industry committee  First of all, I couldn't agree with you more. As far as intellectual property goes, yes, taxpayers are holding the bag on that one. There seems to be a misunderstanding or a misinterpretation of the global economy in China. I don't think most people understand that China is not purchasing our goods.

November 23rd, 2006Committee meeting

Bill Storey

Industry committee  On the border, I believe everybody is aware that Toyota has just announced that they are opening a plant in Woodstock. They already have one in Kitchener. There has been nothing here in Windsor. Personally, I feel that one of the main causes of that is the border crossing here at Windsor–Detroit.

November 23rd, 2006Committee meeting

Bill Storey

Industry committee  To your question on subsidies from China, Mr. Masse, the Canada Border Services Agency has investigated alleged dumping of fasteners into Canada, and also the possible subsidy given by the Chinese government to Chinese farms. What they've found, according to my research, is special economic area incentives; grants provided for export performance in employing common workers; preferential loans; loan guarantees by the Government of China; income tax credit refunds and exemptions; reduced corporate tax rates for export-oriented enterprises—they seem to be keying on export—exemption reductions of corporate income tax during start-up periods; income tax refunds of amounts invested in special economic areas; relief from duties and taxes; deduction in land use fees; and reductions on purchases of goods from state-owned enterprises.

November 23rd, 2006Committee meeting

Bill Storey

Industry committee  Typically, in the mould industry, we all know one another. We all work together. We all know the end user. We're all in exactly the same boat. Work is leaving here at a very rapid rate. We can no longer compete with our Chinese and offshore competitors. As we said earlier, plants are closing and people are being laid off.

November 23rd, 2006Committee meeting

Bill Storey

Industry committee  Yes; I was speaking slowly for the interpreters. Our mould and die industries are fighting a losing battle. I hope this presentation will bring to light the reasons. We may soon inherit the same fate as the textile, furniture, and major appliance industries, which are virtually non-existent in North America for much the same reasons I have touched on.

November 23rd, 2006Committee meeting

Bill Storey

Industry committee  Thank you, Mr. Chairman and committee members. Welcome to Windsor, the automotive capital of Canada. My name is Bill Storey. I'm a founding partner at MidWest Precision Mould in Windsor. My partners and I established MidWest in 1986. We are mould builders who produce plastic injection and compression parts for the auto, home appliance, toy, and gardening equipment industries.

November 23rd, 2006Committee meeting

Bill Storey