Finance committee  Thank you.

Finance committee  Alain is our big champion of commercialization, but I'm going to jump in here for a minute and talk about the Southern Ontario Water Consortium, which I think is a really good example of where universities came together with the private sector and municipalities to provide a plac

Finance committee  I have not. Can I just say, though, that our writeoff rate is less than 5%?

Finance committee  I'm hearing that broadband is an issue in some parts of the southern Ontario catchment area that we operate in. For many parts of it, it's not. We have heard about the issues around broadband. The government has consulted on the innovation agenda, and will be coming forward with

Finance committee  I would simply say, as I did in my opening remarks, that Ontario is not immune to the globalization trends, the trend toward a knowledge-based economy and a service-based economy, and the restructuring that's happening in some of the traditional sectors such as manufacturing and

Finance committee  —including in southern Ontario.

Finance committee  My understanding is that, for the large part, the existing pipeline conversion as proposed and the construction for the new line in Ontario is largely going to be only in the very eastern part of the country. I also understand that the exact pipeline route won't be finalized unti

Finance committee  The last year is 2018-19. It ends on March 31, 2019.

Finance committee  By way of background, the way our funding works is that if it's a funding to a business it's called a “repayable contribution”, which is like a zero-interest loan except that it's based on meeting key milestones of a project. Receipts are submitted and the company is reimbursed.

Finance committee  I'm sorry. Thank you for the correction.

Finance committee  Stepping back one step from that, I would say that Ontario is experiencing moderate growth prospects, just like most of the advanced economies in the world, but it's actually doing quite well compared to most of the provinces. A lot of that is due to robust exports because of str

Finance committee  We have that number somewhere. Yes, about 65% of our core funding was committed before then.

Finance committee  With respect to the large and small, it's virtually all for small. There might be a handful of projects that we've done with larger companies. We've put together these consortia. We might have, say, an IBM or somebody that's part of the partnership, but in terms of direct support

Finance committee  As I said in my opening remarks, since our inception we've invested I think $1.6 billion, and that has leveraged $2.7 billion of additional investment.

Finance committee  Let me add that we have only had two mandates so far. We see that there is a difference but we don't know what will happen in the third mandate. You can see that the numbers for the period after 2014-15 are more stable.