Finance committee  We have calculated the cost of some of them. Some of these measures recommend that some amounts previous governments had eliminated be reinvested. This is the case for the R and D tax credit, which had been cut by several hundred million dollars. As for the machinery and equipme

Finance committee  Yes.

Finance committee  I don't think there should be any. The last review of that tax credit was done by a panel of experts chaired by Tom Jenkins, in 2011. I appreciate the work that was done, but it certainly did not have unanimous support. In my opinion, it should not be up to three or four people

Finance committee  It's huge. We did a study. I can't remember exactly the numbers, but there were millions of dollars just in Ontario manufacturers selling to the oil sands in Alberta. I visit plants pretty much every two weeks in southern Ontario and the Windsor area. I can tell that a lot of the

Finance committee  We were hoping it would have a bigger effect. It doesn't have the effect that it used to have before.

Finance committee  Not too much. We're back to a pre-recession level in terms of production. A lot of companies, either in aerospace or others, are just making it the way they were back in 2006 and 2007. We need a strong recovery from the United States. We need a strong recovery in Canada. It's jus

Finance committee  The last budget had $800 million for national clusters. We just submitted a brief to the Department of Innovation, Science and Economic Development for its innovation agenda consultations, in which we said that we would like these clusters to reflect the U.S. national advanced ma

Finance committee  Yes. We'll see what happens with the carbon tax and what other provinces will do. Some of our members are being captured, as we speak, in the carbon trading system in Quebec, and I guess soon in Ontario. It's difficult to make a plan if you don't know exactly what the regulatio

Finance committee  I have a couple of things. Emissions in manufacturing have decreased significantly in the last 20 years, but half of that is as a result of huge investments made by manufacturers. As you know, manufacturing is highly dependent on energy, so there's a return on investment when y

Finance committee  The carbon tax is one of those taxes that has repercussions because the companies we compete with on other markets do not have one. So this represents an additional cost for our companies, as compared to those they compete with elsewhere. That said, in theory we are not against

Finance committee  We have certainly noted that companies from several countries were registering their patents in these countries, precisely to reduce the taxes they pay on intellectual property. I expect these countries feel that it is preferable to have a certain percentage of something rather

Finance committee  We had said we were in favour of reducing that tax. Like other associations, we were a bit disappointed. In fact, on the topic of taxation revenues in general, Mr. Deltell, we were always in favour of cuts proposed in the past by other governments. We think it is one way of low

Finance committee  Are you talking about the corporate tax on small and medium businesses?

Finance committee  We had a similar debate in Ontario recently. It is true that employer contributions represent a considerable tax on labour. On the other hand, everyone is entitled to a minimum pension. Basically, what we are saying is that we would like it to be recognized that companies already

Finance committee  As you know, our sector of the economy is probably the one that spends the most on capital assets. We could not manufacture much without machinery and equipment. With $25,000, for instance, you could buy an industrial-quality 3D printer. I would say that capital asset expenses ar