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International Trade committee  Mr. Arya, it's a bit of a loaded question. In terms of a global supply chain, it's hard to answer that. I think the best way to answer is this: If companies come up where there are leaders, how do we ensure they're part of the global supply chain? That's how I would answer that

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  We do parts of that, yes.

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  That's a great question. I'd say retrofit. Just like our home is retrofitted, I think the condos need to be retrofitted. There are so many companies in Canada and elsewhere that have come up with a lot of solutions to do that cost-effectively. If the government wanted to push th

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  From a climate change resiliency lens, storms and so on, it makes the grid stronger because you're generating power close to consumption, which invariably means it's more efficient. You don't have to take long poles and wires in terms of transmission of power, which also means th

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  Yes. If I may, I would say it's great work on agriculture. I do believe in that. We are a huge agricultural economy and the exports are crucial to that. There are also clean-tech ambassadors embedded in certain embassies, and then there are some revolving ones for major ones lik

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  That's a great question. Absolutely, the grid is built. One of the funny things about the electricity sector, and that's why it's ripe for innovation, is that it hasn't really changed much in the last 100 years. The poles and wires that you see going into buildings and going abo

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  I don't know if my colleagues would agree, but I think it's the biggest expenditure, because IP is such a tough game. It protects your company in terms of the ability to get money because you have a patent, but the real thing is that it's about enforceability and defensibility of

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  Maybe I'll start off. It's a great question. I'd say, from the space we look at—our vantage point—it's data analytics and AI. I know that many folks talk about these, but they interplay pretty much seamlessly in all sectors. Whether you're in forestry or in mining, it becomes ve

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  On EDC-BDC, absolutely, we have been beneficiaries of IRAP. Personally and professionally, we're huge proponents of IRAP. There are two things. I know the current budget seems to have given IRAP far more runway, from going all the way up to $10 million for scale-up companies. T

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  Yes, I think it's twofold. One would be that I think there is extra financing available, but ultimately they are a bank. I think, moving forward, what would be a great discourse is the flexibility that BDC and EDC should offer that other traditional commercial banks wouldn't. I t

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  Just to add to what Travis said, I think one of the biggest competitive advantages we have is that a majority of the provinces have hydroelectricity. I think it's a huge driver for electrification. I know that's not part of the whole federation but the provinces that are blessed

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  A strategic plan that looks at a time frame of two to three years is needed if our internal goal is to create jobs within the sectors, and then it's literally asking the sector what it needs to succeed and ensuring we do it. Thank you.

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  First would be a competitive benchmark from government, policy to policy. I know it's ever-evolving, but especially if we look at post-COVID, apart from stimulus, what are each of the countries doing to help their companies in the sector grow? That's one benchmark. The second be

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  I would say a couple of things. One is to have a bit more holistic look from inside the government as we engage with companies, again focusing on more scale-up. Can the hand of government come in broadly to help our companies that are starting to scale up to move internationally?

May 10th, 2021Committee meeting

Hari Suthan Subramaniam

International Trade committee  I think I'd echo what Travis was saying in terms of seeing the trade commissioners already taking the pulse for us in terms of what we're hearing from our U.S. colleagues and the U.S. market. At this present time, at least from a software perspective, I think the requirement is

May 10th, 2021Committee meeting

Hari Suthan Subramaniam