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Finance committee  Thank you, Mr. Chair. We're here to speak initially to clause 129 of the bill. This is a proposed provision that is entitled, “Climate Action Support”. The provision would enable the Minister of Finance to specify another federal minister, such as the Minister of Indigenous Se

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The cap, and it's laid out in subclause 129(4), which would be a maximum, and—

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The maximum amount that could be requisitioned pursuant to the authorities here.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  I think requisition—I'm not a lawyer—is a legal term that relates to the authority to draw funds from the consolidated revenue fund.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  For the purposes of making these payments.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The payments that are defined in this section.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  That's not specifically defined here. What is defined here is that the Minister of Finance would have the ability to set terms and conditions for the nature of the payments. I would point to the October announcement of the government's intent to provide payments to the target se

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  There's only a maximum. Again I draw your attention to subclause 129(4), which includes a somewhat complicated algebraic formula. In plain language, the maximum is set by the amount of the proceeds from the fuel charge. Subtracted from that are any rebates the government provides

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Do you mean the formula that I just mentioned?

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  If I understand your question, Mr. Poilievre, you're asking really about provisions of the Income Tax Act and of the Greenhouse Gas Pollution Pricing Act. I'm not familiar with those. Perhaps my colleague, Ms. Meltzer—

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  We could also undertake to provide exactly the reference in those two pieces of legislation.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  That can be done very quickly.

May 2nd, 2019Committee meeting

Samuel Millar

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Thank you for the question. The estimates are not yet complete. The bill provides authorization to estimate the exact amounts. According to the formula in the bill, estimates for a specified period will be adjusted going forward using specific filters, to make sure the maximum a

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Precisely.

May 2nd, 2019Committee meeting

Samuel Millar