Finance committee  Thank you for the question, Madam. Let me endeavour to look at it this way. The decision to collect the carbon tax and to put a price on carbon was.... What we talk about adamantly is that the money from that needs to come back to help companies transition, because that's where

Finance committee  I can't answer that question directly. I'm not sure to be fair, but I don't think so. If it's a question related to carbon tax, clearly it's a disincentive, but that's why we actually need those supports for training and for investment, because the cost of doing business in Canad

Finance committee  I certainly believe it. We hear it from our members as well. That's why if we go ahead with our net-zero goals in the country, then we are going to have to help those companies transition. We can't say to them, “Pay the carbon tax, and by the way you have to go find new technolog

Finance committee  No, the Inflation Reduction Act in the U.S. is a pull incentive. The U.S. government has chosen to provide strong incentives to get people to invest in those industries, strong incentives to get them to make parts components in the U.S., or in North America, and then under those

Finance committee  I would say there are both carrots and sticks, but in this particular case, the U.S. has put a huge carrot, and I think early returns are showing that they are attracting businesses. We need to do the same.

Finance committee  Most importantly, with the evolution since that report around the net-zero strategy of the country, it is incredibly important that we provide the incentives and support so that all manufacturers can transition their energy use in a way that is economical with some risk sharing.

Finance committee  Concerning the Inflation Reduction Act, we were all very happy that Canada got included in the tent of what qualifies for subsidies in the EV world of the U.S., and that's great, but the other side of it is that the U.S. has put in a number of incentives to attract production to

Finance committee  Through the chair, I'd say right now it's tentative. I think Canada has recovered but at a slower pace than the U.S. We need an industrial strategy clear enough to decide how we're going to compete with the U.S. The easy answer to the question is, our productivity is lower than

Finance committee  That is a huge question. I will tell you that we would be supportive of such things but there are other steps that have to happen first before you put such a thing in place. I think that would be incredibly important to help protect Canadian manufacturers so they're not at an eco

Finance committee  Through the chair, thank you very much. First of all, we will share with this committee our net-zero strategy. I assume that will happen, if it has not already. We shared it in the past with the minister's office and with ISED, of course, which we deal with most directly. Let

Finance committee  Thank you, Mr. Chair, and good afternoon. It's my pleasure to be here on behalf of Canada's 90,000 manufacturers and exporters and our association's 2,500 direct member companies to discuss what we think we need in budget 2023. To set the stage, manufacturing represents about 1

Transport committee  Thank you. The U.S. doesn't usually hold a grudge. It tends to work in real time. It hurt us for that period of time where we were in a blockade, and you saw even the President react at one point. Will it affect future decisions? Maybe. We have to work really hard to show them

Transport committee  You could do my job very well. I really appreciate that. That was well done. Seriously, the issue we have is up until the pandemic Canada's industrial output did well, like you mentioned, because the U.S. could basically take everything we could make. They were on fire, and so w

Transport committee  Exactly.

Transport committee  There are a couple of things. In some of the areas, specifically semiconductors, our neighbours to the south have done a great job of reshoring, and a lot of that capacity will come on board in the next couple of years. That will help in the automotive sector. The U.S. has been v