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Finance committee I can't really speak to the specifics of this, but this is also something I asked myself when I read this amendment. I wondered how that could be done. The act provides for a report, but it would be issued before the act comes into force. In chronological terms, this isn't very typical.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee Exactly.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee No, there is none.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee This amendment is essentially relieving in nature.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee Yes.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee It would apply to the final selling price of the fuel.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee Likely, the producer would embed the fuel charge in the price of the product.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee We don't have that information.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee Personally, I'm not aware, but I'm a legislative guy, so....
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee That's 13.4ยข a litre.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee The GST applies on the final price when there's a sale that is made. This would be embedded in the price of the fuel.
May 23rd, 2018Committee meeting
Pierre Mercille
Finance committee The amendment we're discussing right now doesn't touch the GST at all. There are amendments to the Excise Act, 2001 that imposed the excise duty on cannabis.
May 22nd, 2018Committee meeting
Pierre Mercille
Finance committee Whether this amendment passes or not has no effect on the GST.
May 22nd, 2018Committee meeting
Pierre Mercille
Finance committee On the GST, no.
May 22nd, 2018Committee meeting
Pierre Mercille
Finance committee No. If a province has its own system in place, this will not apply. Let's say a province doesn't have anything, and the government has made the decision to impose the fuel charge in that jurisdiction. The businesses in the jurisdiction will start complying with the rules, and they may raise issues that we did not think about when we developed this.
May 8th, 2018Committee meeting
Pierre Mercille