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View Tako Van Popta Profile
CPC (BC)
Thank you for that.
Mr. Balsillie was here the other day in front of this committee. He's the chair of the Council of Canadian Innovators. He's advocating for adjustments to the Investment Canada Act to keep pace with Canada's digital economy. He talked about IP leakage. I have a quote from him that I just want to read to you, and I want to know if you agree with that. I'm going to put the same question to the two CBA lawyers as well.
This is what Mr. Balsillie said:
[T]he act is based on the premise that, with FDI, the direction of the flow of knowledge and technology is into Canada. This used to be the case with FDI into industrial production. It is not the case with FDI into the innovation economy where FDI is extractive.
Do you agree with that?
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