Thank you, Chair.
Owing to the time, and my understanding that a package of summary materials has been provided to the committee, I'll provide a brief overview instead of going through each of the measures in the bill, unless you would like me to do so.
Part 1 of Bill C-30 deals with the Income Tax Act and amendments related to it. It contains measures that were either announced or confirmed in the 2021 federal budget. The confirmed or previously announced measures include some from budget 2019 and some others that had already been announced but were referenced in the budget.
These would include, for example, an increase to the basic personal amount that essentially provides a tax-free amount for Canadians, gradually reduced for higher-income earners; extensions to various COVID-related subsidies, such as the Canada emergency wage subsidy and the rent subsidy; the introduction of a new hiring program; and the enhancement of the Canada workers benefit, a program that provides assistance to lower-income workers.
With that, we would be happy to take any questions you might have on part 1, or provide a more thorough overview, as I said at the opening.