Thank you, Mr. Chair.
This amendment pertains to the luxury tax. On behalf of the Bloc Québécois, I am moving a number of amendments to improve the bill. The idea is to improve how the tax will be applied, specifically to ensure we continue to support Canada's aerospace industry.
I have a lot of amendments. Consideration of BQ‑5 ties in with BQ‑7 and BQ‑8, so I'll say a few words about BQ‑8.
BQ‑8 gives the government more power to regulate the prescribed price threshold in the case of a subject aircraft.
BQ‑5 and BQ‑7 give the government the additional power to say that the price threshold at which the tax becomes applicable will be different for a prescribed aircraft model—say a particular model of helicopter. This would give the government more flexibility, as well as the power to better tailor the tax.
The aerospace sector is obviously calling for these amendments.