That's correct.
Evidence of meeting #28 for Finance in the 41st Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was shall.
A recording is available from Parliament.
Evidence of meeting #28 for Finance in the 41st Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was shall.
A recording is available from Parliament.
4:10 p.m.
Conservative
The Chair Conservative James Rajotte
I appreciate that clarification.
Are there any further questions? I have no further questions or amendments on part 1 right up until clause 103, so can I call clauses 90 to 103?
4:10 p.m.
An hon. member
On division.
4:10 p.m.
Conservative
4:10 p.m.
Conservative
The Chair Conservative James Rajotte
Okay. Clauses 90 to 103 carry on division and that deals with part 1.
Part 2 deals with clauses 104 to 110.
Mr. Julian.
4:10 p.m.
NDP
Peter Julian NDP Burnaby—New Westminster, BC
Mr. Chair, if you could give the page numbers, it would be helpful. Because as Mr. Jean did mention, for the brick there were page numbers for part 1, but not for part 2. I just think it's helpful for the smooth flow of things if you give us the page numbers as you identify the clauses, rather than have us struggle through referencing three different books before we can actually find which part of the bill we are speaking to.
4:10 p.m.
Conservative
The Chair Conservative James Rajotte
I appreciate that. Clauses 104 to 110 in part 2 are on pages 144 and 145 of the bill.
Okay?
Mr. Julian.
4:10 p.m.
Conservative
4:10 p.m.
NDP
Peter Julian NDP Burnaby—New Westminster, BC
Thank you very much for being here.
I'm not going to talk about the softwood lumber agreement, because I could talk for a good long time--
4:10 p.m.
Voices
Oh, oh!
4:10 p.m.
NDP
Peter Julian NDP Burnaby—New Westminster, BC
Certainly not, Mr. Chair, certainly not.
I'll spare the entire committee the various points that we could bring up on the softwood lumber agreement and its impact on jobs.
I want to ask our officials what the financial consequences are for the industry of the amendments that are here; I know that this is putting into place the arbitration award, but I want to get a clear sense of what the overall impact is.
November 3rd, 2011 / 4:10 p.m.
Colin Bird Director, Softwood Lumber Division, Department of Foreign Affairs and International Trade
There is an estimated amount of about $59 million that would be collected in the tribunal award itself. That amount assumed that exports in 2011 would be back at the rate that they were at in 2006, which they manifestly are not at this point in time.
But what the award requires us to do is impose the additional charge at the rate of 0.1% on Ontario and 2.6% on Quebec until October 12, 2013. So the amount that will actually be collected in that period of time is dependent on the value and the amount of exports.
4:15 p.m.
NDP
Peter Julian NDP Burnaby—New Westminster, BC
Mr. Chair, just so we're clear on this, regardless of whether the arbitration award is fully subscribed, it's a set period of time. Or does that then get renewed, if the softwood lumber agreement is renewed, until the full payment is made?
4:15 p.m.
Director, Softwood Lumber Division, Department of Foreign Affairs and International Trade
This is a different kind of award from the one that took place in the first arbitration, in which a set amount was provided while the tribunal estimated what could be collected. The award is in the form of an ad valorem rate, and they have not opined on anything past October 12, 2013.
In this case, determining what will actually be collected by October 12, 2013, really depends on the volume and value of exports. As you know, we are in discussions with the United States about extension of the agreement.
I want to be very clear that the government has clearly indicated its intention that the tribunal award only requires us to collect this additional charge through October 12, 2013.
4:15 p.m.
Conservative
The Chair Conservative James Rajotte
Thank you very much.
I will call clauses 104 to 110.
On division?
4:15 p.m.
An hon. member
On division.
4:15 p.m.
Conservative
4:15 p.m.
Conservative
The Chair Conservative James Rajotte
Thank you.
Thank you very much to our officials.
We'll now go to part 3, which includes clauses 111 to 145. It is found on pages 145 to 193. This deals with customs tariff simplification.
Okay? I have no amendments indicated in this section.
Shall clauses 111 to 145 carry?
4:15 p.m.
An hon. member
On division.
4:15 p.m.
Conservative
4:15 p.m.
Conservative
The Chair Conservative James Rajotte
We'll now go to part 4 and clauses 146 and 147, which are on page 193. This part deals with facilitating low value imports.
Shall clauses 146 and 147 carry?