Environment committee  If you take a look at these numbers, for us and for manufacturers, which are about 17% of the total of the amount the previous plan tried to reduce of industry, either 45 or 55 megatonnes, if you actually recognize this contribution, you're now 17 megatonnes short. You have to fi

Environment committee  Yes.

Environment committee  I think the fatal flaw in what we've done here is that we set a target that had no basis in any kind of analysis or reality. And I really enjoyed Mr. Villeneuve's insights. His point about the export issue versus domestic issue is a very good example of how we didn't deal very we

Environment committee  I can't answer that question. I would say, though, that what we should be aiming for is good policy here and expenditures that improve environmental performance and that improve our economy. That's long-term sustainable improvement. Buying credits will do neither. It will neithe

Finance committee  I am President of the Canadian Chemical Producers' Association. I would like to start by thanking committee members for inviting us to address them today. I would also like to note, in opening, that given the continued economic challenges faced by the manufacturing sector today

Finance committee  In fact, in the last six or seven years, the industry has done quite well economically--

Finance committee  The chemical industry.

Finance committee  Even for manufacturing, even though they've got struggles, the output has been up. So I can't speak generally for manufacturing, but I'm sure all my companies are paying lots of taxes.

Finance committee  Nobody's benefiting from this tax reduction, because it is irrelevant. It's outside the planning cycle of any capital project.

Finance committee  On the general corporate tax rate? Yes, of course, we're paying lots of corporate taxes--billions.

Finance committee  Unfortunately, I can't make a choice there. First of all, I think if you follow Mr. Flaherty's proposal of having a 25% tax rate as the average of federal and provincial tax, you will create a huge advantage for investing in Canada that is not there right now. That creates what

Finance committee  That's a very good question. In fact, I know that Jayson Myers of the Manufacturers and Exporters has a very interesting chart on that. Up to about 2001, companies were making quite active investments, and generally companies that keep making those investments keep their producti

Finance committee  No, Chair, unfortunately, our submission was sent in August, before your great decisions later on.

Subcommittee on Canadian Industrial Sectors committee  Thank you, Mr. Chairman. I also have Fiona Cook with me, who is our senior adviser on business and economics. Because I heard all those great questions you asked Jay yesterday, I realized I was going to need some help here. Thank you very much for this opportunity to talk to y

Subcommittee on Canadian Industrial Sectors committee  Yes, well, they have injuries, though. The game is rough and it's fast and to win you need to have a total package. You can't say, “I have one scorer and he's going to win the game”. You need to have the total package. This scorecard in front of you today is our total package.