Thank you, Mr. Chair.
Thank you for being here this afternoon to help us to clarify our thinking on this section of Bill C-86. To be honest, I am having trouble finding my way around it. So it is very appropriate for you to be here, because I find it very difficult to understand the reason for these rules and the way in which you are going to apply them.
Mr. Mercille, since I got here late, I am going to use the text of your remarks, because I assume that it basically corresponds to what you said.
With the amendment dealing with the GST/HST, you say: “The amendment does not change the amount of GST/HST payable on such a sale. Instead, it provides that the purchaser of carbon emission allowances is responsible for self-assessing the tax amount.” The key word there is “self-assessing”. Can you explain how a company is going to be disciplined enough to do this self-assessing?