Environment committee  To be clear, Mr. Chairman, in response to the question, what I said was that with respect to the budget measure that phased out the accelerated CCA for oil sands, the department conducted a strategic environmental assessment, which it does in respect of all policy proposals that

Environment committee  I can't speak to it. It would not have been conducted by the Department of Finance.

Environment committee  The $300 million figure that I spoke of earlier is an estimate that we developed in the course of developing the measure that was announced in the budget. It is a forward-looking measure based on announced investment intentions, and that's an average figure. It's a number that bo

Environment committee  That's right.

Environment committee  With respect to the decision and the announcement that was made in the budget to phase out this measure, there was a strategic environmental—

Environment committee  With respect to the measure that was announced in the budget to phase out the accelerated capital cost allowance for oil sands, as with other measures that are presented to the minister for the decision, the department conducted a strategic environmental assessment with respect t

Environment committee  Thank you, Mr. Chairman. The government announced in the recent budget that the existing accelerated capital cost allowance for oil sands would be phased out over the coming years. At the same time, the government announced that the existing accelerated allowance provisions that

Environment committee  If you're speaking with respect to the existing provision that provides accelerated CCA for oil sands, which is being phased out in the budget, this is a provision that applies to general investment in the oil sands. It's a provision that essentially accelerates the deductions th