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Industry, Science and Technology Committee tables its final recommendations on the challenges facing Canada’s manufacturing sector

For immediate release.

 

OTTAWA, 6 February 2007 – Dr. Colin Carrie, Member of Parliament for Oshawa and Parliamentary Secretary to the Minister of Industry, was present today for the tabling of the Industry, Science and Technology (INDU) Committee's final report on the challenges facing the Canadian manufacturing sector. 

 

View the INDU committee news releaseThe Committee began its study in May 2006, and tabled an interim report on June 1, 2006 describing the difficulties confronting the sector. After hearing from more than 100 witnesses in seven manufacturing centres across Canada -- including Oshawa -- the Committee today tabled its final report entitled Manufacturing: Moving Forward – Rising to the Challenge.

 

"My promise was to make Oshawa’s concerns Ottawa’s concerns. I believe this report provides substantial recommendations to improve our manufacturing sector, my riding’s largest employer," Carrie said at today's press conference.

 

The final report's 22 recommendations received full endorsement from the Canadian Manufacturing Coalition.

 

Highlights of the recommendations:

 

·      A modification of the capital cost allowance regime to allow a two year write-off for machinery and equipment used in manufacturing and processing, and equipment associated with information, energy and environmental technologies;

 

·      Improving the Scientific Research and Experimental Development (SR&ED) Incentive Program to make it more accessible and relevant to Canadian businesses. The committee recommends that the government consider making four changes including making the investment tax credits fully refundable, and providing an allowance for international collaborative R&D;

 

·      Offering tax credits and/or other measures to companies providing employer-financed training to their employees;

 

·      Conducting a review of Canada’s anti-dumping, countervail and safeguard policies, practices and their application to ensure that Canada’s trade remedy law and practices remain current and effective;

 

·       Making the implementation of a “smart regulation" initiative a government priority.  

 

"Our accomplishments coupled with new government policies, illustrate how we are helping Canadian manufacturers adapt to new international challenges. This government wants to ensure that there will always be good paying jobs in industrial-based communities just like Oshawa," concluded Carrie."

 

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Download pdf file  Download Manufacturing: Moving Forward – Rising to the Challenge

 

FOR FURTHER INFORMATION

Wesley Moore, Office of Colin Carrie MP, 613.996.4756

 
 

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