Okay.
Mr. McCallum.
Evidence of meeting #20 for Finance in the 39th Parliament, 2nd session. (The original version is on Parliament’s site, as are the minutes.) The winning word was study.
A recording is available from Parliament.
Evidence of meeting #20 for Finance in the 39th Parliament, 2nd session. (The original version is on Parliament’s site, as are the minutes.) The winning word was study.
A recording is available from Parliament.
Liberal
John McCallum Liberal Markham—Unionville, ON
Basically I agree with what Mike Wallace has said. I think this is a broad enough list. It's a major study as it is. We don't want to bring in everything under the sun or it will be so broad we won't be able to achieve anything concrete.
Conservative
NDP
David Christopherson NDP Hamilton Centre, ON
I just want to mention that it sounded as though everyone could support some of the suggestions in the amendment but not all of them. I wonder if there's any chance we could do them one at a time, if you're going to go for a vote.
Conservative
The Chair Conservative Rob Merrifield
We have a bulk there. It sounds as though there's a consensus that it's pretty broad, and if we could incorporate it, that would be okay.
Mr. Crête, I think the call is yours right now, because we're going to move on very quickly here.
Bloc
Paul Crête Bloc Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC
The last sentence in the first paragraph reads:
Whereas the global economy requires Canada's tax policy remain competitive...
But, as for competitiveness, when something stipulates what must be provincial responsibility and what must be federal responsibility, that is about competitiveness.
I do not want to take any more time debating this. I can support my colleague's idea. Let me just read the items in the list to you one after another and we can decide which ones we are going to keep. Rick seemed to be ready to include some of them. Whether we keep one, two or three, we can move on.
Conservative
The Chair Conservative Rob Merrifield
Okay, read them one at a time, and I'll ask the movers if they agree with them or not.
Let's have the first one.
Bloc
Paul Crête Bloc Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC
Who is in favour of the tax credits for research and development?
Bloc
Conservative
The Chair Conservative Rob Merrifield
It is not the majority; it's the movers. We can ask the majority if you want, but I don't want to stretch it out.
Bloc
Paul Crête Bloc Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC
I would prefer a vote so that the matter is settled.
Conservative
Mike Wallace Conservative Burlington, ON
You are better off moving them one at a time. Vote them down and then we're done.
Conservative
Bloc
Paul Crête Bloc Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC
Tax measures designed to assist resource areas.
Bloc
Paul Crête Bloc Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC
Replacing federal cash transfers to the provinces with an equivalent transfer of tax fields.
Bloc
Paul Crête Bloc Montmagny—L'Islet—Kamouraska—Rivière-du-Loup, QC
The impact on provincial fiscal capacity of reforming equalization to include 100% of the taxes from natural resources.