Irek Kusmierczyk at the Government Operations and Estimates Committee

On August 21st, 2024. See this statement in context.

August 21st, 2024 / 12:20 p.m.

Liberal

Irek Kusmierczyk Liberal Windsor—Tecumseh, ON

You won't be paying taxes on this new property but you were paying taxes on the old one, so that's saving money for the taxpayer.

In terms of the life-cycle costs, you mentioned about $115,000 in savings annually, which over, let's say, 50 years of owning this building is going to be about $5 million in just monthly cost savings to Canadian taxpayers. Is that correct?

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