John McKay at the Finance Committee

On November 2nd, 2017. See this statement in context.

November 2nd, 2017 / 4:20 p.m.

Liberal

John McKay Liberal Scarborough—Guildwood, ON

I'll let you work that one out.

The notes here say, “introduce new rules to ensure that the taxable income of federal credit unions will be allocated among provinces and territories using the same allocation formula as applicable to the taxable income of banks”. What does that mean?

See context to find out what was said next.