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Finance committee  Yes, as long as the equipment is fully electric or uses hydrogen, it could be equipment used in agriculture. It could be forklifts, it could be tractors, it could be Zambonis, or it could be golf carts. It could be equipment that meets the requirements in any industry. What we h

May 27th, 2021Committee meeting

Maude Lavoie

Finance committee  Yes, that's correct. It's for equipment that becomes available for use before 2023, so it is temporary.

May 27th, 2021Committee meeting

Maude Lavoie

Finance committee  The 100% is until 2023. Then there's a phase-out, so it will be then fully phased out by 2028.

May 27th, 2021Committee meeting

Maude Lavoie

Finance committee  This is a measure that would extend an accelerated capital cost allowance that was announced in budget 2019. The one that was announced in budget 2019 was for those businesses that purchased electric cars, plug-in hybrid vehicles, vehicles using hydrogen or those types of vehicle

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  Perhaps I can start. There are no restrictions on foreign ownership, but in order to access the wage subsidy, the employees need to be located in Canada. It would really just be for their Canadian employees and to support the people who work here. In terms of data, that would b

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  As I said, that would be more of a question for the Canada Revenue Agency, but we can follow up.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  Yes, that's correct.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  No. I was talking about the wage subsidy. The hiring program is scheduled to end by the end of November, unless I'm mistaken. Perhaps Trevor can correct me if I'm wrong, but I don't think this one can be extended.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  That's correct. To qualify for the hiring program in the first period, they need to demonstrate that they have had some revenue decline compared with that for the same period last year. Starting with the second period, they have to demonstrate that they have had an at least 10% r

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  No, you have to compare it with the pre-pandemic period. You have to compare it to 2019, depending on which months we're talking about. That's the first approach, or you can also compare it to the average of January and February of 2020. You can use either approach.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  I believe the regulations could only be extended to all employers who are currently eligible. I don't think a target to an industry could be done unless there was a legislative change. Again, Trevor, please correct me if I'm wrong.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  I believe how to support the tourism industry going forward is a question for the government at this point.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  I cannot speak to any standing programs that may have been put in place. I'm really just familiar with what we have in terms of the hiring subsidy, the wage subsidy and the rent subsidy. These programs they could benefit from are available to all industries if they have demonstra

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  It's hard for me to discuss all the conversations that have happened between the government and an industry in particular. What I could say is that the wage subsidy.... Yes, it's true. There is a decline in the rate that's being contemplated until September when the subsidy would

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  For the Canada recovery hiring program, the types of businesses or employers that can apply are Canadian-controlled private corporations, non-profit organizations, charities and partnerships. This resembles the list of organizations that are eligible for the wage subsidy, for ins

May 13th, 2021Committee meeting

Maude Lavoie