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Finance committee The budget does not address predictability.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee Predictability is one thing. What you're referring to is the cost of administration of the program and the cost of getting the credits, which is a function of different private sector attributes. The bottom line is, just as in any other sector of finance, people would acquire ser
November 6th, 2012Committee meeting
Albert De Luca
Finance committee The budget measures have absolutely no impact on simplifying things. Those are two completely separate issues. There is no connection between the two. The manufacturing sector, instead of being encouraged to invest more in hiring engineers and PhDs, feels that its funding is bei
November 6th, 2012Committee meeting
Albert De Luca
Finance committee Yes, absolutely. Productivity partly has to do with capital expenditures. Also, for example, eliminating capital expenditures for the sake of simplicity creates a disconnect, so to speak.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee Unfortunately, it's not in my area of expertise. I can't really comment on that, unfortunately.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee I'm not sure what Deloitte's view on this is. Quite frankly, as I said, it's not my area of expertise. My own personal opinion, which would echo Mr. Thomas's, is that it needs to somehow reflect private industry—
November 6th, 2012Committee meeting
Albert De Luca
Finance committee —and all the measures that come with that, only because the resources that are being attracted are the same resources. Therefore, you need to have the same rules of engagement. That would be my view.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee No, no. I'm shaking my head in disagreement indeed. We are not suggesting that there not be any direct funding in strategic areas, for strategic purposes, and for strategic periods of time.
November 6th, 2012Committee meeting
Albert De Luca
November 6th, 2012Committee meeting
Albert De Luca
Finance committee Yes.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee I'm not sure about the 60%, but in general, yes, I would agree with that.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee No. The anchor tenants in Canada are important investors in innovation, and we have to acquire more of those. One of the ways of doing so is through SR and ED incentives.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee No, I'm not surprised at all. That's common knowledge.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee It's a long sentence, but I guess the way I'll answer it is to say that the SR and ED is an incentive for taking risks.
November 6th, 2012Committee meeting
Albert De Luca
Finance committee Apples and oranges.
November 6th, 2012Committee meeting
Albert De Luca