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Industry committee  First of all, in terms of the overall framework, I've mentioned that there is the issue of the incompleteness. We have the basis for starting to develop that framework. I would note, for example, areas where other countries have kicked out applications because they are inconsis

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  Thank you very much. I'll go back to an example from financial history again. One time we used to have an inspector general of banks, a superintendent of insurance and so forth. We generalized that to the Office of the Superintendent of Financial Institutions because they were b

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  No. I would not put it into legislation for reasons that I think Sandy Walker mentioned earlier, which are that it's much easier to change and amplify regulation, and that's where you would put it. I think you need a more articulated regime than you have right now to give the mi

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  I think in terms of having at least a framework for intervention in an investment that may raise the concerns that we're talking about, that's good. The question is how you actually then wind up elaborating that regime and providing guidance to the civil servants who will ultimat

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  Very briefly, I think it's moving in the same direction as the Americans, in particular. There is a war going on to dominate the new critical technologies. That war is being fought in the supply chain on stuff that normally would not be considered national security, but it beco

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  Yes, China, it's big. It is doing an awful lot of investment in its knowledge capabilities and whatnot. It's now the leading patenting country in the world. It is one of the fastest-growing countries in terms of international intellectual property receipts, so it's actually now m

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  I would be pleased to.

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  That is the billion-dollar question facing us all today. First of all, we can at least recognize the fact that data is a very valuable asset, but has no specific monetary value at the same time. You can't necessarily put a figure on this. We see it indirectly in the market cap o

May 1st, 2023Committee meeting

Dan Ciuriak

Industry committee  Thank you very much, Chair and honourable members. Thank you very much for the opportunity to present today. I am a senior fellow with CIGI, where I write on the digital economy and innovation. I want to make several remarks, largely in connection to how well the reforms of the

May 1st, 2023Committee meeting

Dan Ciuriak