Mr. Chair, that change in policy came into effect, I believe, in 2018. It replaced a far more difficult and onerous system that required the member to take on the onus of proving it was a depressed market and there should therefore be reimbursement for the losses. The $30,000 makes it much easier now. The member only has to demonstrate that there has been a loss and can then be reimbursed up to that maximum of $30,000.
On November 30th, 2023. See this statement in context.