If you want me to, sure. The motion is:
That the committee report the following to the House: The Committee is supportive of the principle of Bill C-323 and believes that financial incentives, including tax credits, which encourage investment in the rehabilitation of historic properties and heritage places are necessary; however, the committee notes the following concerns with the bill: tax changes undertaken outside the budget process make it more difficult to ensure a coherent and consistent approach to fiscal management; the effect on federal revenue due to the proposed measure with the bill containing no upper limit on the amount which can be claimed for tax purposes with the parliamentary budget officer assessing costs at $55 million to $67 million in the first five years and Department of Finance officials stating it could be as high as $90 million a year; the lack of accountability tools associated with this measure; the restrictive nature of the incentive with not-for-profit entities, indigenous governments, and municipalities being ineligible; the cost to the federal government to administer the proposed changes to the Income Tax Act and the certification of the work being done for the purposes of the tax credit; the incentive not being designed in collaboration with other jurisdictions and partners to ensure its effectiveness; the lack of consultation on this measure with tax experts, as well as those provinces and territories that are a party to the Canadian Register of Historic Places, as well as municipal and indigenous governments; That in light of the above-noted concerns with the bill, the committee, pursuant to Standing Order 97.1, recommends that the House of Commons do not proceed further with Bill C-323, an act to amend the Income Tax Act (rehabilitation of historic property).
We can go through any of the bullets if anyone is interested, but we feel there was testimony as we went through the bill to substantiate the seven bullets that we have outlined here and the concerns.