Mr. Speaker, the Department of Finance has conducted a costing analysis of Bill C-463. Based on Statistics Canada data on existing travel patterns in Canada, it is estimated that the cost of the measure proposed in Bill C-463 would be about $215 million in 2017, the year in which the proposed travel deduction would come into effect. It is unclear to what degree the proposal would induce individuals to travel more or change their travel plans, but any increase in eligible travel would increase this cost.
We are not aware of any costing done by other government departments.