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Path: utzoo!utgpu!water!watnot!watmath!looking!brad
From: brad@looking.UUCP
Newsgroups: can.politics
Subject: Re: Status of R&D in Canada
Message-ID: <760@looking.UUCP>
Date: Tue, 17-Mar-87 21:30:38 EST
Article-I.D.: looking.760
Posted: Tue Mar 17 21:30:38 1987
Date-Received: Thu, 19-Mar-87 05:39:20 EST
References: <3655@utai.UUCP> <582@geac.UUCP> <3139@watdcsu.UUCP>
Reply-To: brad@looking.UUCP (Brad Templeton)
Distribution: can
Organization: Looking Glass Software Ltd. Waterloo, Ontario
Lines: 26

In article <3139@watdcsu.UUCP> brewster@watdcsu.UUCP (Dave Brewer, SysDesEng, PAMI, UWaterloo) writes:
>	One possible solution to this is political.   Canada could pass
>	laws making it illegal for foreign countries to repatriate profits,
>	but require that profits remain in Canada, which would lead to
>	increased R&D in Canada.   This is not the same as FIRA, which
>	worries about foreign control.

This is the same.  What is the POINT of owning a company in a foreign
country if you can't ever make a profit from it in your own country.  Unless
you visit Canada frequently, you don't get to ever enjoy your profits and
company, and thus they are close to valueless.  This would just result in
endless schemes and tricks designed to sneak the profits out -- large
'franchise' fees or 'management' fees etc.

If you stop those, it just means the closing down of all Canadian subsidiaries.
Companies would rather export over trade barriers to get half the profit than
never be allowed to get any profit.

PER CAPITA, WE ARE NOT AN INFERIOR COUNTRY!   WE DO NOT NEED ALL THESE
CRAZY LAWS 'PROTECTING' US.

A common market would allow Canada to have all the economic strength,
profitability, unique culture and R&D that areas of the US of similar
size have.
-- 
Brad Templeton, Looking Glass Software Ltd. - Waterloo, Ontario 519/884-7473