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Finance committee  I think that's important as well. I was only talking in the tax sense.

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  Especially companies if they can't compete.

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  First of all, I think the last budget helped by actually providing some long-term certainty in terms of investors. As you know, that's important. Looking forward, if your point is whether these tax recommendations are more expensive than we can afford, given some of the tax chan

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  I think you've identified a crucial issue for not only the broad issue of productivity but for competitiveness and what your committee is focusing on today. Let me start off by asking: In a global economy, where you can buy goods and services and technology and labour services

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  I think that's a fair statement.

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  I certainly think the commitment to those tax measures in the budget were important. But yes, we do a good job in our tax system of distributing wealth, and we haven't spent much time looking at how to create wealth in--

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  Well, yes.

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  In the first year it would probably be around $3 billion. But over a period of eight years, because this is a cashflow issue and an issue of shifting deferred taxes.... Of course, in the long term it will be revenue neutral.

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  I think a very important part of the global economy today is competing for investments in the product mandates we manufacture or that other businesses take on here in Canada. This is no longer an economy where we're looking at domestic production and capital investment that does

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  There have been many recommendations put forward to accelerate CCA. I think there are three issues the finance department has to grapple with. The first is an assumption that all investments are the same. I challenge that; I don't think all investments are the same. I think som

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  If you were to provide a refundable tax credit on the R and D side of the loan, it would be somewhere between $1.2 billion and $1.5 billion. There are a number of companies that are caught in the existing system. There are many companies that are investing in R and D ahead of th

September 19th, 2006Committee meeting

Dr. Jayson Myers

Finance committee  Thank you very much, Mr. Chairman and members of the committee. I'm very pleased to present the Canadian Manufacturers and Exporters budget recommendations for this round. As you know, Canada’s manufacturing and exporting sector represents together around 24% directly of the Ca

September 19th, 2006Committee meeting

Dr. Jayson Myers

Industry committee  Let me do a quick round. There is one program that you might want to consider, which is what could be done to offset some of the costs for people who are moving from central Canada to Alberta, and perhaps going back and forth, as people are doing right now, between Fort McMurray

May 16th, 2006Committee meeting

Dr. Jayson Myers

Industry committee  I can tell you that if the dollar hits par in the next year and stays there, we are going to see far more closures than the 100,000 job losses. Companies are improving productivity in line with the dollar, but, frankly, a dollar over 90¢ is.... As David was saying, you've got com

May 16th, 2006Committee meeting

Dr. Jayson Myers

Industry committee  On the border issues, we're seeing a lot of regulatory programs coming, particularly from the United States, that are, frankly, in some cases, being used to protect American industry from offshore competition. I think the only way we can ensure that these don't become more burd

May 16th, 2006Committee meeting

Dr. Jayson Myers