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Finance committee Yes, sir, but in this case, one of the things that we've noted is that the costing is quite sensitive to that definition, so a more precise definition would.... We'd be able to provide you—
November 25th, 2009Committee meeting
Sahir Khan
Finance committee In general, the discussions with the provinces were of a technical nature.
November 25th, 2009Committee meeting
Sahir Khan
Finance committee In the information the Ministry of Finance in Quebec provided, they also provided demographic information. The bulk of the take-up was in the demographic group 20 to 24, and the balance, 25 to 29. So it gives you some sense of a situation with their specific program or tax credit
November 25th, 2009Committee meeting
Sahir Khan
Finance committee Sir, in this case, the particular nature of this tax credit is that, unlike a tax credit assessed at a 17% value, this is a tax credit at 100%.
November 25th, 2009Committee meeting
Sahir Khan
Finance committee It's a non-refundable tax credit, but it's at 100%. It was a common assumption that we had with the Department of Finance as well, and in consultation with--
November 25th, 2009Committee meeting
Sahir Khan
Finance committee It's against the tax payable.
November 25th, 2009Committee meeting
Sahir Khan
Finance committee Yes, and in the Quebec form, it has its own line.
November 25th, 2009Committee meeting
Sahir Khan
Finance committee Yes. It was our consistent view that we also shared with the Department of Finance in further consultations.
November 25th, 2009Committee meeting
Sahir Khan
Finance committee In that case, it is important to limit the assumption for calculation purposes. There is enough evidence available from the government of Quebec, which has managed the program appropriately with reasonable results, based on our analysis.
November 25th, 2009Committee meeting
Sahir Khan
Finance committee In this case, a regulation would be needed to establish regular definitions of regions.
November 25th, 2009Committee meeting
Sahir Khan
Government Operations committee There are the details concerning program costs and related operating costs. You must refer to program costs. It would also be very useful for us to have the operating costs.
April 12th, 2010Committee meeting
Sahir Khan
Government Operations committee It would help us if you added the word “operations.”
April 12th, 2010Committee meeting
Sahir Khan
April 12th, 2010Committee meeting
Sahir Khan
Finance committee I may just add, Mr. McKay, that we're also speaking specifically about plans terminated due to financial distress, not simply about the volatility of a plan's ability in a given year to meets its obligations. That was our understanding of the policy intent of the bill.
June 3rd, 2010Committee meeting
Sahir Khan
Finance committee Yes, sir. In fact, this is what we have identified as the core of the issue. While the policy intent has been made more or less clear to us, it's the translation of that policy intent into the actual drafting of the bill that does not allow us to extract a narrow range of variabl
June 3rd, 2010Committee meeting
Sahir Khan