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Finance committee  Thank you for the question. Many of our companies are at a pivotal stage in their development right now. They are exporters, but they're relatively small. About 60% of Canada's clean technology companies intend to be globally competitive and intend to secure investment. I'll giv

October 21st, 2010Committee meeting

Céline Bak

Finance committee  Thank you for the question.

October 21st, 2010Committee meeting

Céline Bak

Finance committee  Absolutely. The recapitalization of SDTC is an important part of the investment strategy for the Cleantech 20 by 2020. SDTC showed its leadership as a title sponsor of the report, which we referred to, which is the basis of the coalition. Investors around the world, whether they'

October 21st, 2010Committee meeting

Céline Bak

Finance committee  May I respond?

October 21st, 2010Committee meeting

Céline Bak

Finance committee  We know that Canadians are not necessarily early adopters of technology. I think we need to show leadership in the adoption of technology that enables government and other levels of government to be cheaper, better, and faster.

October 21st, 2010Committee meeting

Céline Bak

Finance committee  And it should occur, and thank you for the question. Investors look for vibrant domestic markets. Canadian companies typically have between 10% and 30% of the level of investment that globally competitive companies have in the U.S. and elsewhere. I'll give you an example. A Ca

October 21st, 2010Committee meeting

Céline Bak

Finance committee  In some cases capital needs to be deployed, so the technology needs to be depreciated over time. There needs to be access to P3 types of arrangements that can fund it. But to be very blunt, in Canada we prefer to buy from IBM. We're not good at buying technology from ourselves.

October 21st, 2010Committee meeting

Céline Bak

Finance committee  They would be.

October 21st, 2010Committee meeting

Céline Bak

Finance committee  Thank you for the question. The Canadian clean technology industry is made up of companies that today have an economic proposition. LED Roadway Lighting is a very good example of it. Clean technology includes companies that both increase the efficiency in the use of energy and g

October 21st, 2010Committee meeting

Céline Bak

Finance committee  Many of the companies in the industry are already.

October 21st, 2010Committee meeting

Céline Bak

Finance committee  We're asking you to take advantage of the technologies that actually enable government to be cheaper, better, and faster.

October 21st, 2010Committee meeting

Céline Bak

Finance committee  Good morning, Mr. Chair and distinguished members of the committee. I have the pleasure to be here today with one of the members of the Canadian Clean Technology Coalition, Nova Scotia-based LED Roadway Lighting. The Canadian clean technology industry is globally competitive and

October 21st, 2010Committee meeting

Céline Bak