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International Trade committee Sorry, everybody jumps in. My apologies. No. The rules haven't been set and we can't come to those conclusions. We could look towards the European model and learn from it, and we're trying to understand exactly how it works. However, I actually see patent term restoration as rem
December 10th, 2013Committee meeting
Russell Williams
International Trade committee We'll be talking over the next couple of years.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee Not prior to reading that in the technical document, as far as I can tell, no. My understanding is that it wasn't part of discussions. You don't see that in the CETA accord either.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee This was the government's statement of its agenda moving forward. All I can say is that this is not part of the CETA agreement. The CETA agreement was a clear statement on equalizing fairness, if I can call it that, in front of the courts—but both sides would have the same rights
December 10th, 2013Committee meeting
Russell Williams
International Trade committee We're going to need a lot more information. It would be disconcerting if it moves forward with one and takes with the other.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee What I can say is that Canada will be more competitive. This is a fiercely competitive environment. I mentioned that we were spending well over $110 billion a year in research. Canada gets about $1.2 billion or $1.3 billion. About 75% of that is in clinical trials. So it's not th
December 10th, 2013Committee meeting
Russell Williams
International Trade committee It's hard to quantify the growth. It has been shown in the past that research dollars have grown significantly and that jobs come with it.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee Thank you for the question. We did give you a bit of an overview of that in terms of costs. I will quickly highlight it as we go through it. One of the three elements of CETA is the right of appeal. It's pretty hard to predict what products you're going to have to appeal on and
December 10th, 2013Committee meeting
Russell Williams
International Trade committee We absolutely, certainly hope so, and we are going to be working for it. Otherwise the battles are not among companies; the battles are among other jurisdictions within the same company to bring those research dollars here to Canada. That's our commitment to the country.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee CETA wasn't the focus of that at all.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee No. The Canadian health care system and the way we built our health care systems across the country make that rather difficult to do.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee Thank you for the question. Very quickly, again, I brought a document that shows the growth of investment since the mid-eighties, and we have honoured our commitment of 25 years. This is an updating of that. To your question, we believe that the signal coming from the Canadia
December 10th, 2013Committee meeting
Russell Williams
International Trade committee We're global, absolutely.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee The benefit is for Canada. The benefit is that we will do the research here in Canada versus somewhere else.
December 10th, 2013Committee meeting
Russell Williams
International Trade committee There are a number of factors when you determine where you're going to do the research. One of them is the IP regime, and Canada was behind in that. It's moving forward to correct that, so there is more likelihood—
December 10th, 2013Committee meeting
Russell Williams