Science and Research committee  Thank you, Mr. Chair. Scientific progress is one of the key economic determinants of our future. Simply put, the ability of states to turn their intellectual capital into economic growth is now a key determinant of their technological, industrial and economic success. Policy-ma

Finance committee  Thank you, Mr. Chair. We've had the SR and ED tax credit for a long time. I think it's unfocused. I think there's a huge imbalance between large firms and small firms. It goes toward, unfortunately, rewarding more small firms that don't really do R and D at scale. I would say th

Finance committee  I'll just mention, if I may, that Minister Freeland laid it out in her Brookings Institution speech. She mentioned that Canada was open to fast-tracking some energy projects under certain criteria. I think it would be very welcome if the government could follow through on that an

Finance committee  Very briefly—and thank you for the question—talent is key. We have to ramp up economic immigration to make sure we have the talent we need, given our aging demographics in Canada. Second, I think we have to do much better on the R and D side, translating R and D—applied R and D

Finance committee  I would not. I would characterize it as expansionary fiscal policy. We are spending, at the federal level, about $140 billion more than prepandemic levels. Not all the spending is unwarranted. I think reasonable debate can happen on each of these measures that were not COVID-rel

Finance committee  It's a very good question. I don't believe so.

Finance committee  I do not believe so. Just to be clear for everyone, a fiscal anchor is really a guardrail for the finance minister to say no to colleagues or to caucus members. It's not an official thing that government has. When we think about fiscal anchor, it's a bit of a notional concept.

Finance committee  With pleasure, absolutely.

Finance committee  Absolutely, we do.

Finance committee  Yes, it requires a lot of political leadership, both at the federal level and at the provincial level, I believe.

Finance committee  It's a great question. I appreciate it, but if it were that simple, I think we would have solved that problem. It's an ecosystem issue. Part of it is, as I said, a lack of scale of our businesses. Our ratio of SMEs to large firms is very high compared to the U.S. In fact, the U.S

Finance committee  They are rising fast, mostly because of inflation and because of commodity prices in global markets.

Finance committee  I don't think they should spend it, to be honest. I think that given what we have been through in the last few years, all the unexpected revenues with these rising revenues should go towards deficit reduction. I think what is important is not just quantity of spending, but quali

Finance committee  Thank you, Mr. Chair. There's no question that the world is moving there. It's not about the what; it's about the how. On the how, what we've seen in the last few months in the U.S. is very consequential. It's a very surgical approach to attracting private investments on clean e

Finance committee  That's another good question, Mr. Chair. When you look at budget 2018, the then finance minister announced measures to have a level playing field with what had been announced by the Trump administration in the U.S. However, now that we've seen the IRA come forward in the U.S., I