Thank you for the question.
I would not want to put words in the mouth of the Deputy Prime Minister and Minister of Finance. She has stated that she has asked officials to look at the situation and at the present time, it would be premature for me to talk to you about steps that have to be followed to correct the issue, should it arise. I think your question is a bit premature right now.
That said, however, we are aware of concerns that have been raised by some industry members, especially from the aeronautical sector. We know that because of certain rules, sales made in Canada of items that will be exported could be liable for tax and that it is possible, thanks to the refund provisions contained in section 39 of the proposed act, that the refund may not be made during the six-month period during which the sale took place. We are carefully looking at the issue.
I believe the Minister of Finance mentioned yesterday that the deadline for payment of the luxury tax during the first half of the year had been set as the end of January 2023. I'm not saying that we have years to work on the issue, but we do have time. We are not talking about something that will have an immediate impact on cashflows as soon as the tax becomes effective, which would be September 1, 2022.