Thank you, MP Lawrence. There is a ruling from the chair.
Bill C-69 seeks to amend the Income Tax Act by providing a refundable tax credit for certain activities related to clean technology manufacturing property. The amendment attempts to add to the list of qualifying materials by including uranium, which would expand the tax credit provided in the bill.
The House of Commons Procedure and Practice, third edition, states on page 772:
Since an amendment may not infringe upon the financial initiative of the Crown, it is inadmissible if it imposes a charge on the public treasury, or if it extends the objects or purposes or relaxes the conditions and qualifications specified in the royal recommendation.
In the opinion of the chair, the amendment expands the tax credit provided in the bill to a new category of qualifying material, which would impose a new charge on the public treasury. Therefore, I rule the amendment inadmissible.
We are now on CPC-5.
MP Chambers, would you like to move this?