Finance committee  I'm happy to start, and Laurent, you can add if you'd like. Canada does well when it comes to the research component. It's in development where we often fall down. In our report, I would say the most important recommendation is expanding eligibility for things like intellectual

Finance committee  I'm happy to jump in there. One organization that's seen success is the Innovation Asset Collective, or IAC. They're the voice of intellectual property in Canada. We'd love to see their mandate expanded beyond simply clean tech to cover other sectors and should ensure that they

Finance committee  I'll be perfectly honest. I'm not aware so I'll have to go back to check. I would love to check that out and follow up.

Finance committee  Sure. I appreciate the seriousness of your question, and I would agree that with productivity on the decline, now is the time to sound the alarm. I also appreciate your focus on solutions. For us, it's really important that we have a strong R and D framework in our country fo

Finance committee  Thank you. Good afternoon to the chair, the vice-chairs and members of the Standing Committee on Finance. Thank you for the opportunity to present today on Bill C-59 and the efforts to implement budget 2023 and the corresponding fall economic statement. My name is Nick Schiav

Finance committee  I think we have to create the incentives and the freedom to operate for companies to want to invest in that R and D. There are many recommendations I can offer, but one very concrete one is around reforming the SR and ED tax credit. There was a promise in budget 2022 to update th

Finance committee  I would use the term “payback”, to do a little sloganeering there. We're in support. If Canadian taxpayers are going to invest in these companies and in this intellectual property, and the intellectual property is then going to take flight, then they should be required to pay t

Finance committee  Yes. If the corporation achieves its full potential, as has been announced in the blueprint in the messaging from government, I think it will be a radical departure from previous innovation programs. I think the devil is in the details, and there are lots of nuances there. One t

Finance committee  Often, what happens is that when you have these foreign multinationals that come into Canada and operate a branch plant, not only are they gobbling up the intellectual property and the ingenuity that creates those economic grants, but they also gobble up talent. Ultimately Canadi

Finance committee  I'll say this: We didn't come here to address that bill specifically. That being said, the CCI believes we need greater competition in Canada. We agree that removing the efficiencies defence is a good first step. The reality is that we have several sectors here in Canada that are

Finance committee  One of the things that are unique to our industry is the fact that intangible assets like data are very different from raw products. Every dataset you own makes the previous one more valuable. They accentuate each other. Without competition, it tends to favour those data-hungry f

Finance committee  Canadian scale-ups are the anchors of economic activity. Our problem here in Canada is that we have many strengths and a wealth of research and talent. We have more start-ups per capita than many countries in the OECD. However, when they start to scale—when they start to commer

Finance committee  Good morning to the chair, vice-chairs and members of the Standing Committee on Finance. Thank you for the opportunity to present the recommendations of the Council of Canadian Innovators in advance of the 2024 budget. My name is Nick Schiavo. I'm appearing today as the director

Finance committee  Thank you.

Finance committee  Thank you for that question. Let me begin by saying I think the global talent stream is an initiative that has helped our industry tremendously. CCI is actually a designated referral partner in that program, so it's something we interact with all the time. In terms of ameliorat