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International Trade committee “This” being the changes?
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee No, the industry recognized that the government is doing what it can to fine-tune it and make sure it's working properly. There are pressures on the fiscal situation, and we have to find ways to make sure that the SR and ED is working properly. There are other ways we can coope
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee I would only add that like Ms. Cobden's industry, we're in the supply chain as well. Biotechnology is allowing a lot of industries to transform. Any sort of trade agreement that expands markets for other industries in which we're sort of central is good news for biotechnology ult
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee I have to resist the urge.
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee We're aware of what the government is doing with the changes. The SR and ED is an extremely important part of the investment structure for a lot of members in the industry. I've heard from a number of my member companies from across the country that without the SR and ED they wou
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee It goes back to being able to draw investment into the country. R and D is going to drive investment. You're entirely correct, the government has been very supportive of the industry through a number of programs to develop its R and D. At the end of the day, as I said, it's a ve
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee That one came out of the blue. I don't have any specific comments on the GMO provisions. We're still awaiting some of the details as to what's going to take place on that front. I think we need to acknowledge the reality that we have global population growth that's going to tak
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee The idea is transportable. Ultimately the manufacturing is going to take place where it's most economical at the end of the day, no matter what. I'm not going to put a huge number of jobs on the table. I'm not talking about that here, but I am talking about the innovation and th
November 21st, 2013Committee meeting
Andrew Casey
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee They are the universities, and also the organizations that are partnering with universities. So UBC, for instance, and the CDRD, the Centre for Drug Research and Development, would be an example.
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee It depends on how you define doing business. A lot of my small members are going to European conferences to seek out investors, so there is that partnership taking place. The larger members are of course multinational corporations, and they are definitely doing business in Europe
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee The ones that are not doing business are pre-commercial. They are not selling things right now in the marketplace. That's the reason. The other ones are accessing those markets without problems.
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee Absolutely. You're looking at global population growth. We need these pharmaceuticals. We need the drugs. We're discovering new diseases every day.
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee It's the domestic security. This is different from the forest products industry and other industries that Mr. Holder referred to, which are growing the markets and securing markets. What I'm talking about here is securing the Canadian policy framework for innovators in this count
November 21st, 2013Committee meeting
Andrew Casey
International Trade committee There are other factors that go into the decision as to where you're going to locate your company. So you may get capital, but there are other advantages to being in Canada that this industry enjoys. We have a fantastic, very highly educated workforce. We have great universities.
November 21st, 2013Committee meeting
Andrew Casey