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Finance committee  I think, Mr. Rajotte, we're talking about two different kinds of investment. One would be a million-dollar machine, and many of our members have taken advantage of that. We can provide some examples. We have provided some examples to Jayson Myers' group so that he could put them

October 8th, 2009Committee meeting

David Podruzny

Finance committee  That's correct.

October 8th, 2009Committee meeting

David Podruzny

Finance committee  I'll give you a response from the Canadian Chemical Producers' Association first. Our membership's productivity is roughly 50% higher than the same industry in the United States, and it's getting better. As long as we keep making new investments here rather than down there in ou

October 8th, 2009Committee meeting

David Podruzny

Finance committee  In the late 1990s and in the first two or three years of this century we made investments. We made capital investments in this country in the newest and latest and best technologies. In the last five years that hasn't been happening. So we have in place newer equipment, more mode

October 8th, 2009Committee meeting

David Podruzny

Finance committee  I think it's fair if I answer that question. Those investments were made in the late 1990s and up to the end of 2002. They were made based on certain kinds of access to raw materials that no longer exists. We're now moving that product south. We're pipelining bitumen south. So t

October 8th, 2009Committee meeting

David Podruzny

Finance committee  Just very quickly, we as CCPA haven't been supporting the refundability at this point.

October 8th, 2009Committee meeting

David Podruzny

Finance committee  We find the SR and ED tax credit system to be a very good system. It's a very rich system. It encourages the kind of research and development that we think needs to be in place. But we would support the comment that the administration of it and the way in which you can predict

October 8th, 2009Committee meeting

David Podruzny

Finance committee  I'm going to qualify my comments here. First of all, the principal benefits were not specifically the corporate tax rate cuts so much as the fixed taxes--the capital taxes--that were being applied. The result of the harmonized sales tax....

October 8th, 2009Committee meeting

David Podruzny

Finance committee  Okay. The corporate tax cuts that were made and did affect our competitiveness and our ability to attract new investments were a factor in attracting new investments to and new jobs for this country. We would contend that lowering that tax rate to a level that put us on a compet

October 8th, 2009Committee meeting

David Podruzny

Finance committee  I'll take a crack at it first, then Paul might want to add something. The problem today is if we want to win a new investment in a board decision somewhere offshore, somewhere outside of Canada, we go there, we make the case. They look at the economics. They don't count the acce

October 8th, 2009Committee meeting

David Podruzny

Finance committee  We suggest that a five-year extension is the only one that would do the job. A three-year extension would not do the job. We also suggest that the cost of this has already been paid for because we're past the hump in terms of accelerated capital cost. Projects later will be maki

October 8th, 2009Committee meeting

David Podruzny

Finance committee  Thank you. My name is Dave Podruzny. I'm with the association as vice-president of business and economics. With me is Fiona Cook. I'd like to thank you for this opportunity to present in this round of budget hearings. I'd also like to begin by setting the context. This recess

October 8th, 2009Committee meeting

David Podruzny

Justice committee  I just want to try to draw a distinction between the active ingredients that are being used to produce illicit products, or are known to be used to produce illicit products, and the very broadly used products of commerce that might be in the possession of very, very large numbers

December 13th, 2007Committee meeting

David Podruzny

Justice committee  My understanding is that post-9/11 there has been a significant increase in the review and monitoring of all container traffic coming into Canada. In addition to the paper trail that's associated, there is inspection. I believe we're moving towards inspecting all container traffi

December 13th, 2007Committee meeting

David Podruzny

Justice committee  Thank you. Let me start by saying that the members of the Canadian Chemical Producers' Association produce and market a wide variety of chemicals. I'd like to restrict my comments to the chemical precursors, in particular the multi-use aspects of a number of the chemical precu

December 13th, 2007Committee meeting

David Podruzny