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Finance committee  Just to clarify, is this PV-1?

May 27th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I will say this because I see an opportunity to raise it here, even though it's not within the scope of the BIA. Since we are hearing from Mr. Yalkin at Health Canada, there were concerns raised about true copy in the deliberations that we had two weeks ago. Again, I know that'

May 27th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Much like before, Mr. Chair, with CPC-2, the proposed amendment ought to be defeated. The reason is that the clause is needed to provide clarity that the payments made out of the consolidated revenue fund by ministers other than the Minister of National Revenue for a specified pr

May 27th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Thank you, Mr. Chair. There are a few issues here. First of all, by removing the definition and references to “other specified ministers”, the proposed amendments would limit, I fear, the authority to return direct proceeds from the carbon pollution fuel charge to the Minister o

May 27th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Peter is fine also, Mr. Chair. First of all, thank you very much. The amendment is not something that I can support and is not something that our side can support. The reason is that by removing a definition that's necessary for all three journalism measures in the bill—namely

May 27th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I'm just suggesting it. I don't have that evidence. I was pointing to you to ask if you've done an analysis on that question.

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Thank you, Mr. Chair. Mr. Taylor, prior to the stress test, 20% of mortgage holders held loans that were four and a half times in excess of their annual income. That's from the Bank of Canada. This was at a time when we saw—and we continue to see, but particularly at that time—h

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I wanted to ask you one last quick question on a related but separate matter. You talked about the shared equity mortgage proposal that the government has come forward with in budget 2019. You've said that those who are slated to take advantage of the initiative would have been

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Well, without a deep analysis, it doesn't answer it completely because that's lacking. I would just worry that a lot of those folks would be faced with very high rates of interest and it would be very difficult for them to make payments.

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I realize I'm putting you in a somewhat unfair position, because that is such an important question, and there are so many stakeholders who would have a view on what a comprehensive tax analysis would look at. It's good that it's on the record. In fact, I could be wrong about thi

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I was actually coming to you next. Go ahead.

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I appreciate that. Unfortunately, we've had, and still have it would seem, particular parties and members of Parliament who deny the existence of climate change and global warming and the effect that human activity is having; hence, we're a bit late to the party when it comes to

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  I don't mean to cut you off. It's just time restrictions. Are there unintended consequences, though, to a proposal such as that?

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Thank you, Chair. Thank you to the witnesses. It's a great discussion this morning. Mr. Kingston, I want to start with you. It's good to see you again. You'll recall that we met, I think it was in Toronto, during the pre-budget consultation back in the fall. I enjoyed listenin

May 16th, 2019Committee meeting

Peter FragiskatosLiberal

Finance committee  Okay. You've pointed to the nuance there. However, it still raises, again, real economic consequences. What is your view on oil extraction? I'm not trying to be combative; I'm genuinely interested in your perspective. We have heard in Parliament and over the course of the past

May 15th, 2019Committee meeting

Peter FragiskatosLiberal