We'll get back to you on that. Thank you.
Evidence of meeting #54 for Finance in the 40th Parliament, 2nd session. (The original version is on Parliament’s site, as are the minutes.) The winning word was research.
Evidence of meeting #54 for Finance in the 40th Parliament, 2nd session. (The original version is on Parliament’s site, as are the minutes.) The winning word was research.
Chair, Taxation Working Group, Investment Funds Institute of Canada
We'll get back to you on that. Thank you.
Conservative
Bob Dechert Conservative Mississauga—Erindale, ON
With respect to the professional writers and Ms. Gulliver, I think my question is somewhat similar to Mr. Pacetti's.
First of all, let me ask you a question. You're suggesting that we increase the basic personal exemption to $30,000. Is that for everyone or just for artists?
President, Professional Writers Association of Canada
We're speaking on behalf of our members and artists, but we would not object to that happening generally.
Conservative
Bob Dechert Conservative Mississauga—Erindale, ON
Okay. It sounds like it could be an expensive proposal. I'd like to know what that would cost.
If it were restricted to artists, as I think you mentioned in your brief, other countries have done similar things and they restrict it to people who produce creative output. So where do you draw the line? As a lawyer in private practice, I've had clients in the computer game and video game industry who are artists who produce.... It's a viable business and they've done quite well, but wouldn't they also fall into that category, for example?
President, Professional Writers Association of Canada
Sure, and I think that's a bit of a challenge for us, even, when we're trying to define our membership and that kind of thing.
One of the suggestions we have is a study that would look at the benefits and the costs of tax reform, and I think one of the criteria set for that is to create a definition of artist in this country. Under the Canada Council, there are certain people who get grants and there are people who don't get grants. So that could be part of the definition, starting there.
Conservative
Bob Dechert Conservative Mississauga—Erindale, ON
Let me ask you about EI. Would you support extending parental leave benefits to self-employed individuals?
Conservative
Conservative
Bob Dechert Conservative Mississauga—Erindale, ON
To Ms. Holmes, one of your suggestions was to increase Canada Council funding by $40 million. I think other arts groups have suggested $120 million, so you're quite a bit more reasonable.
October 22nd, 2009 / 4:15 p.m.
Board Chair, Canadian Network of Dance Presenters CanDance
It depends on what part of the Canada Council—
Conservative
Board Chair, Canadian Network of Dance Presenters CanDance
This is specifically for international market development, for taking Canadian artwork and presentations outside of Canada.
Conservative
Bob Dechert Conservative Mississauga—Erindale, ON
Thank you for that clarification. I appreciate it.
Conservative
Conservative
Ted Menzies Conservative Macleod, AB
Thank you, Mr. Chairman.
Thank you to all of our witnesses here. I'm just going to pursue one step further with Ms. Pearl-Weinberg.
When you're getting us the cost, can you give us an idea how many people this would impact? Is it a big amount of the population that this RRIF change would impact?
Chair, Taxation Working Group, Investment Funds Institute of Canada
I believe it would be. We can try to get those numbers as well of individuals drawing down from RRIFs before the age of 65.
Conservative
Ted Menzies Conservative Macleod, AB
We'd appreciate that.
I have sort of a similar question on your second one, recommending that only the actual amount of the dividend received be included. How many people does that impact and what would your projected cost for that be?
Chair, Taxation Working Group, Investment Funds Institute of Canada
Again, we don't have the numbers here, but I will try to get them for you.
Conservative
Ted Menzies Conservative Macleod, AB
That would sure be helpful for us.
And on your last one as well, what's the cost?
Chair, Taxation Working Group, Investment Funds Institute of Canada
We'll get those numbers for you.
Conservative
Ted Menzies Conservative Macleod, AB
Yes, show us the numbers.
Thank you. I appreciate that.
Mr. Campbell, we had a representative of the cement industry in our previous session, and I asked him if he felt that the stimulus money—the taxpayers' dollars we put in to kick-start the economy—has been a primer for the pump. Do you think your industry has simply just pulled sales forward? With the home renovation tax credit, some people have suggested that all that has done is pull sales forward. Or has it actually primed the pump and got people spending again?
What are your projections?
Chair, Government Relations Committee, Canadian Retail Building Supply Council
I would categorically say it has increased the stimulus for our members.
I can tell you that back in the spring of this year, our members were reporting negative sales growth. Things were tough at the retail level. I can tell you that when the marketing packages were shipped out to the retail sector--the packages similar to this type of package--the consumers grabbed onto it. Unfortunately, almost six months of the year had passed before they got out there, but I can tell you that based on my conversations with many of our members in the past several weeks, they're starting to report double-digit sales growth. A lot of them are telling me they're coming in, and the consumer is in looking for these packages.
So I would have to say yes, it is a definite stimulus for our economy, this HRTC.
Conservative
Ted Menzies Conservative Macleod, AB
You see, you can hold that piece of prop up. We can't on this side of the House. We get in trouble for that.
I do appreciate that. Seriously, it's a concern for us. What we put in were taxpayers' dollars.
Chair, Government Relations Committee, Canadian Retail Building Supply Council
Absolutely.