Thank you, Mr. Chair.
My thanks to the witnesses for coming to explain some parts of the bill.
My first question is about section 1.1.1. Correct me if I’m wrong, but in the case of vehicles in class 54, there seems to be a $55,000 limit on the capital cost allowance rate for the first year.
Is the idea to reflect the government's announcement about people who buy electric vehicles? Is it to reflect that amount? If not, is there a specific explanation?