House of Commons

Thank you. I'll be splitting my time with Mr. Baldinelli today because of the change. My question, through you, Chair, is for Gabriel. You mentioned funding for accelerator programs, which I don't disagree with at all. There are three wonderful accelerator programs in my community. The problem I see, though, is that we do a very good job of incubating and educating, but because of the current climate—high taxes and red tape—scaling-up isn't happening, so B and C funding isn't available to these start-ups. We're paying taxes to promote and incubate these companies, but then they're leaving Canada because it's easier to scale up in, say, the United States. What do you think would be a solution to that? How can we make more of an investment climate for scalability here in Canada so there isn't a negative net return on our investments, as things stand today?