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Industry committee I have one concern about the carbon issue. I have travelled to China extensively, and I have travelled to Mexico fairly extensively. Somebody is going to do this job. Somebody is going to make our cars. Somebody is going to make our steel. Somebody is going to do it. If they can
November 24th, 2006Committee meeting
Mel Svendson
Industry committee In our particular industry, in aftermarket products typically, we're seeing things being moved around the world in that manner with some impunity. If I were to look at some of the multinationals, I think they are guilty of transferring the knowledge. As we've stated about the go
November 24th, 2006Committee meeting
Mel Svendson
Industry committee Are you talking about something in addition to the recapture penalty that currently you would normally pay?
November 24th, 2006Committee meeting
Mel Svendson
Industry committee In my company, we'd be happy to see that. It doesn't do us a hell of a lot of good either to see companies take advantage of a tax writeoff here and then simply move the equipment elsewhere to compete against us.
November 24th, 2006Committee meeting
Mel Svendson
Industry committee Would you like--
November 24th, 2006Committee meeting
Mel Svendson
Industry committee I think in the case of the golf clubs, obviously it's a fairly extreme comparison, because for things like golf clubs, the big costs are marketing and advertising and that sort of thing, which they are able to totally avoid. If you take a look at golf clubs, much like springs, we
November 24th, 2006Committee meeting
Mel Svendson
Industry committee Absolutely.
November 24th, 2006Committee meeting
Mel Svendson
Industry committee I know what it is too. If we're going to chase our markets, and those markets move to China.... In the case of our products, we're chasing the international shipping container market, and that has largely migrated. First of all, it started to migrate from the U.S. and Canada to M
November 24th, 2006Committee meeting
Mel Svendson
Industry committee One of the concerns I have is that we bring some steel in from China and the guys who supply the steel can ship from Shanghai to Calgary more cheaply than, or as cheap as, you can from Montreal to Calgary. I have another concern, which perhaps is not in your mandate, but some of
November 24th, 2006Committee meeting
Mel Svendson
Industry committee We've been competing against China in our industry for about 25 years, and as Mr. McDougall said, the best success we've had has been to stay at least one step ahead. That isn't always easy. As I pointed out with golf clubs and the ability to clone, it's a whole new industry that
November 24th, 2006Committee meeting
Mel Svendson
Industry committee As business owners, we always have this magic word called “cash”. If we don't have it, we can't function. The nice part about these rapid writeoffs is that we know we need to reinvest, but we also need to have cashflow. If we can get the rapid writeoff, we know that in a number
November 24th, 2006Committee meeting
Mel Svendson
Industry committee I honestly do. One of the things that concern me is that I don't want to see our country get overly lost in the service sector, whether it be research or whatever the case may be. Keep one thing in mind: when we manufacture things and we deliver them promptly in North America,
November 24th, 2006Committee meeting
Mel Svendson
Industry committee Thank you for inviting me to be part of this process. I certainly welcome you to the west. Certainly, people who have grown up in the core of Canada understand manufacturing in a slightly different way. Our company is actually involved in that type of manufacturing. We produce p
November 24th, 2006Committee meeting
Mel Svendson