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Finance committee  There has to be some balance. I think you have to look at where the jobs are being created and where the IP is being created, and that is primarily in the SMEs. The refundability to the larger companies is 20% for SR and EDs.

September 29th, 2009Committee meeting

Ross Lennox

Finance committee  It requires a process, and there is a team of 12 technical experts who look at your applications. One of the things that would help us is this. If I receive an IRAP, I have to go through the same process with SR and ED again, so if it's an IRAP project, I should automatically get

September 29th, 2009Committee meeting

Ross Lennox

Finance committee  Okay. I think there's a big gap between the SMEs and the large companies in terms of programs. The ITAs in particular are doing a fabulous job in terms of diversity of program and all the different industries they touch. I think it's really important to look at expanding their m

September 29th, 2009Committee meeting

Ross Lennox

Finance committee  I'd like to speak on that first. Our company has developed two environmental solutions. One is a zero-emissions oil sands plant, which we've tried desperately to get piloted. We've also developed a low NOx fuel solution, which we're now marketing in the United States because we h

September 29th, 2009Committee meeting

Ross Lennox

Finance committee  Quadrise Canada is a private Canadian corporation based in Calgary. We have 35 employees. We have one of the few R and D labs in Calgary. We have a number of new science graduates who work with us. We have annual revenues of $2.6 million; 2009 is a poorer year. We've raised $42 m

September 29th, 2009Committee meeting

Ross Lennox