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Finance committee Yes, I just wanted to add that I talked about the superclusters, and of the 10 superclusters that were chosen by the government none was on life sciences or health, and that's something that is very important. That's why we said that we can't just ignore the project that was pres
October 18th, 2017Committee meeting
Céline Huot
Finance committee I do not have the exact data, but I would be pleased to ask the members. I know that it's mainly the gaming and animation sectors that need these talents, and they have sometimes two issues.
October 18th, 2017Committee meeting
Céline Huot
Finance committee On the productivity of companies or individuals?
October 18th, 2017Committee meeting
Céline Huot
Finance committee But you want me to add—
October 18th, 2017Committee meeting
Céline Huot
Finance committee Companies, okay, for the productivity. It's something that we have to reinforce, and for that the taxes are something very important to let them invest and to let them go in their project. We know that companies have lots of money to invest, but sometimes they just keep it becau
October 18th, 2017Committee meeting
Céline Huot
Finance committee I talked about equity with regard to digital taxation.
October 18th, 2017Committee meeting
Céline Huot
Finance committee Take the example of Netflix or Airbnb. These new models have completely upset the economy. There's also Uber, which has arrived in most cities. It won't stop there. We can continue to pretend that we can manage this on a piecemeal basis, or we can do what other countries have don
October 18th, 2017Committee meeting
Céline Huot
Finance committee Most studies indeed show that the effects on the economy are more detrimental when income taxes are increased than with an equivalent increase in sales taxes. If you are looking for a strategy that will encourage investment, returning to work and savings, an increase in income ta
October 18th, 2017Committee meeting
Céline Huot
Finance committee Clearly, our physical and cultural proximity with the United States means that our companies turn more easily to that market. Going to China or to Europe brings them a genuinely additional complexity. They are less familiar with the market or the language. Procedures in China tak
October 18th, 2017Committee meeting
Céline Huot
Finance committee Thank you. I'll be pleased to answer questions in both languages after my presentation, but I will do my presentation in French. Thank you very much for inviting the Chamber of Commerce of Metropolitan Montreal to share its recommendations as part of the pre-budget consultations
October 18th, 2017Committee meeting
Céline Huot