Mrs. Nancy Horsman at the Industry, Science and Technology Committee

On October 17th, 2006. See this statement in context.

October 17th, 2006 / 4:45 p.m.

Director, Business Income Tax Divison, Tax Policy Branch, Department of Finance

We can clarify that.

In terms of looking at CCA rates in general, we do review them on an ongoing basis. In fact, there have been several changes. In the 2005 budget, I think there were a number of increases in rates. So on an ongoing basis we do review the rates, and if we receive representations that the rates are out of line with the useful life of assets, we review them.

See context to find out what was said next.