Thank you, Mr. Gravelle.
You mentioned tax credits and incentives for the commercialization of innovations. Quebec introduced a tax deduction incentive for the commercialization of innovations in 2021. It meant that all profits from an intellectual property asset covered by the program were taxed at a rate of 2% rather than 11%. This of course encourages companies to innovate in order to lower their taxes.
Do you think it would be useful for the federal government to introduce a similar measure?