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Natural Resources committee You'd have to go back to the shareholders, but just sitting around my boardroom table, where we have about 75%, three-quarters of the headquarters are in Canada. Maison-mère is in Canada. It's a global industry.
February 14th, 2008Committee meeting
Avrim Lazar
Natural Resources committee Exactly. Having Canadian headquarters is great for research money, for the jobs associated with the headquarters, for the intellectual capital, or for the building of an economic cluster, but whether you're sitting in Helsinki, in North Carolina, in Seattle, in Montreal, or in Va
February 14th, 2008Committee meeting
Avrim Lazar
Natural Resources committee That's a perfect question, and the answer is yes. Accelerated capital depreciation only helps you if you invest in Canada. If you invest in the U.S., it doesn't help you. The refundability of SR&ED only helps you if the research is done in Canada. That's why there is a specif
February 14th, 2008Committee meeting
Avrim Lazar
February 14th, 2008Committee meeting
Avrim Lazar
Natural Resources committee Have you ever seen the picture of the giant-sized meteor coming close to earth and all the steel-built houses going zip into the air and the wooden ones staying?
February 14th, 2008Committee meeting
Avrim Lazar
Finance committee It's good to start in the forest and work our way into the industrial heartland as we head across the table. First of all, thank you for inviting us. We know how busy you are, and your interest in this is very important to us. As you know, the Canadian forest industry is the la
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee Direct assistance is a loaded term. If by direct assistance you mean writing cheques to companies that are in trouble, that's not assistance at all; that's basically dooming us to a lack of competitiveness. It's not the role of government. We'd all like to have magic wands and p
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee I think everybody will agree with what I've said so far. The question I heard you ask, which I assume everyone is interested in, is can something be done now that would not be destructive, that would be constructive? The answer is yes, things can be done now. They won't be magica
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee We would love to see a--
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee I like all you guys. We would like to see a fund available for industry-government partnerships to tell Canada's story of environmental excellence and product quality in overseas markets. There is, right now, the Canada wood export program. It's running out of money. All of it
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee They would pass the countervail test, absolutely. They are all simple things that can be done, all in the direction of stuff that's happening but that could go further. Could I just answer on Advantage Canada for two seconds? I know that wasn't your question.
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee Advantage Canada is fabulous. It's just too slow. Finance has it right in its direction. Your government has it right in its direction. But what we're facing is a marketplace that's moving much faster than Advantage Canada is. We're in a terrible global bloodbath in which everybo
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee The use of ecoENERGY and the general approach to biorefineries--thinking of a tree as a source of all sorts of chemicals--is something we've been working on quite aggressively. There are two things that can be done right now that would speed that progress. One is the government
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee And they'll all use biofuel.
March 5th, 2008Committee meeting
Avrim Lazar
Finance committee It's an enormous difference. You have to raise the money, you have to buy it, and you have to put it in use. To say that it could be done with one year's or 18 months' notice, it's just not going to happen. I was told the government was thinking that if we made it short, people
March 5th, 2008Committee meeting
Avrim Lazar