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Finance committee  I would not change the parliamentary process of reviewing legislation at all. Whatever the process is of getting this bill enacted, stick to it, full speed ahead. Do not slow down the review process; that's critical to it. I will echo comments made by the panel. I don't know if

March 19th, 2013Committee meeting

Lorne Shillinger

Finance committee  It's an excellent question. Actually, it's been very much top of mind for us as well. The initial announcement on Halloween in 2006 wasn't consultative. It would have been a shock to the system. Again, shutting down a sector is a policy choice. The REIT community as a whole was

March 19th, 2013Committee meeting

Lorne Shillinger

Finance committee  I have the same comment. It's preserving the integrity of the tax system and it's time to get this bill passed.

March 19th, 2013Committee meeting

Lorne Shillinger

Finance committee  Personally I think it creates havoc, just because taxpayers are encouraged by the tax authorities to actually file on the basis of proposed legislation. If you don't have the law actually introduced in the ordinary course and it dies, there's a concern that taxpayers have already

March 19th, 2013Committee meeting

Lorne Shillinger

Finance committee  Thank you. Good morning. My name is Lorne Shillinger. I am a partner and national leader of the KPMG Canada Real Estate Tax Practice. I greatly appreciate the opportunity to speak with the committee this morning on the importance of the technical tax amendments act and its sign

March 19th, 2013Committee meeting

Lorne Shillinger