Thank you, Mr. Chair.
I want to thank the witnesses for taking the time to be here today.
Mr. Jovanovic, I am trying to understand the exemption principle in the economic and budget update implemented by Bill C‑8. I will summarize it and you can tell me if I have understood correctly.
Essentially, you will return all the monies collected from the carbon tax, but not necessarily to those who paid them. It will be prorated according to expenditures.
What are the criteria? How is it determined? It is important to know this.
You talked about a double exemption, but that confuses the matter. I am trying to understand what you said about this.