Finance committee  No, there's no sales tax in Alberta.

Finance committee  CITCA is the name of the agreement we've signed with all harmonized provinces. There are now four in the Atlantic, as we have just signed one with Prince Edward Island. There are also Quebec and Ontario, and we signed one with British Columbia, but the province is in the process

Finance committee  My name is Lise Potvin and I am director of the Sales Tax Division at the Department of Finance.

Industry committee  Our corporate tax rates are competitive. A commitment in Advantage Canada is to have the lowest marginal tax rate on business investment by 2011. Again, on your question and on Madame Brunelle's question, maybe we can get back to you. We don't do corporate income tax.

Industry committee  And when you need to replace your vehicle, buy a more fuel-efficient one.

Industry committee  In fact, what I said is that the revenues we get are unrelated to the prices and are just related to consumption, and that to the extent.... I didn't say there would be reduced consumption; I don't know that. But to the extent that there's a reduced consumption, it would reduce r

Industry committee  I believe I said, “To the extent”.

Industry committee  An important point is that the GST rate was cut, so—

Industry committee  In that case I would say the GST revenue increases with prices, but the rate was cut, so all in all, it's more or less the same.

Industry committee  Corporate taxes are not really in my field of expertise. When oil companies make bigger profits, they are taxed. Corporate tax rate reduction is a general measure intended to eliminate certain distortions and to make Canada more competitive. Really, I cannot give you any more det

Industry committee  I cannot make any comments about this study, but I can say that several tax breaks given to the sector were eliminated, such as the remission order for Syncrude and the resource allocation and accelerated depreciation allowance for tar sands. Unfortunately, I cannot comment the f

Industry committee  As I said, this is not in my field of expertise and I do not want to stick my neck out. I understand that most of the tax breaks granted to the sector were eliminated.

Industry committee  I cannot make any comments about this.

Industry committee  I am.

Industry committee  Good afternoon. I am here today to provide the committee with a brief overview of federal taxation as it applies to petroleum products, including gasoline. Federal taxation of petroleum products consists of two elements. First, there is the federal excise tax levied at a fixed r