Industry committee  As John said, every program has its own performance measurement framework, which we have to follow. There are short-, medium-, and long-term objectives that have to be met. Essentially those are evaluated and audited in terms of how we meet them. To speak about automotive, there

Industry committee  The automotive innovation fund has so far supported seven projects, and the fund was fully subscribed in terms of the first tranche of $258 million. There have been two additional funding envelope enhancements that have been provided, and there are still some funds that remain in

Industry committee  Yes—

Industry committee  That's right—well, $50 million is actually identified from the automotive innovation fund, and the other $50 million will come from the fiscal framework.

Industry committee  In some ways the incentive is for Volkswagen to really have a deep look in terms of what Canadian capability exists in the supply chain. Essentially you're creating that incentive because you're offering some financing measures to Volkswagen, and Volkswagen, in return, commits to

Industry committee  Maybe I should start by just talking about the capital cost allowance measure that was put in place. In some ways, it's a really broad-based measure that benefits firms across all the manufacturing sectors. These include aerospace, automotive, forest products, information and com

Industry committee  Sure. It's actually a pretty long list of recommendations that were made in the Emerson report and we have an equally long list of responses from the government. I'll focus on some key ones. I'll start with what was announced in the most recent budget, which is really a commitme

Industry committee  Maybe I should first just address why we took that approach in terms of a matching fund. In some ways the program is really geared to trying to incent the suppliers to make investments where we think the future of the car industry is going. It's really taking higher risk, and we'

Public Accounts committee  I think the departmental response to the Auditor General's report is that we agree with the finding that having clear, comprehensive reporting on the support would have contributed to the public understanding of what the government did in terms of restructuring support. I'll jus

Public Accounts committee  Federally it's 15%.

Public Accounts committee  Unfortunately, I don't think I'm able to answer that question.

Public Accounts committee  You mean the automotive innovation fund?

Public Accounts committee  As I mentioned, in 2012 we conducted an evaluation of the automotive innovation fund. It found that it was on track to meet the objectives. However, it did conclude that it was too early to be able to have a full assessment of the impact of the program, given that it was four yea

Public Accounts committee  We know that the immediate and medium-term objectives of the program are being met, but to know if the long-term objectives are being met will be evaluated in 2017.

Public Accounts committee  What I can say is that we have an automotive innovation fund that does have moneys in it. We're in discussions with companies on an ongoing basis in terms of where the federal government could partner in terms of investments that secure the long-term footprint of the auto sector