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Industry committee  I don't have a week that goes by when we don't have at least one or two companies that come in and say that they're in that valley of death—that they've benefited from IRAP, they've had some BDC funding, they maybe had mentorship from other parts of the public service, and now th

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  I don't disagree, and that has been a policy challenge that has been identified. I can tell you that in that valley of death you also have many firms that.... They call it “valley of death” for two reasons: one is because they can't get money, and the second is that many firms ne

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  It comes down to risk tolerance.

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  There are two answers to the question. SBIR is clearly something that we are looking at and have been working at ourselves in depth with the United States to understand how it would work and how it could be adapted to Canada—

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  The programs that we have are focused on a number of sectors. We have an automotive innovation fund—

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  That's right. It works in Ontario effectively, but not only Ontario. We have another program that deals with aerospace companies, the SADI program. We also have a broad portfolio, as I mentioned earlier. The regional development agencies, which have significant programming to s

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  This is the retooling of government. Our minister has been discussing the innovation agenda and some of the measures he's doing, but at this point nothing has been done.

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  I'll let Gerard have an opportunity to speak shortly, since he hasn't spoken yet during the meeting. I think BDC is a key part of this, and this allows me an opportunity just to get back to our conversation at the beginning. The BDC has spent about $4.7 billion on manufacturing

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  The problem is that—

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  The answer to that question—

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  In terms of that question, it was a policy decision to rebuild shipbuilding capability on both coasts of Canada, so that explains that single incident.

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  I think in general the statement of requirements that's developed by the military is typically what underpins the construction of the market. The companies either can or can't participate. It's rare that it drives you to just one selection, and ideally, from the perspective of th

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  They're pretty extensive. CIPO operates principally in a digital space, but there is still a fair amount of paper movement of files in their organization. If you talk to intellectual property lawyers, they can tell you in more detail than I can about some of the challenges of dea

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  They're behind in these treaties.

October 26th, 2016Committee meeting

Paul Halucha

Industry committee  The implementing legislation passed through the House of Commons. It went through in 2013, I believe. We actually passed all the legislation to sign on to all of the WIPO treaties, other than the Marrakech Treaty, which we completed this spring. It was approved by both the House

October 26th, 2016Committee meeting

Paul Halucha