Finance committee  There are lots of things that could be done, including increasing fundability, but we know it's not practical given the dollars. We would just like the existing system to be fixed so it actually works properly.

Finance committee  The clarification is for a limited period of time, to extend it to equipment that is under lease.

Finance committee  The only thing that's currently covered is M and P equipment that is under lease. It currently applies to all manufacturing and processing equipment.

Finance committee  The manufacturers in Canada are of course under extreme pressure to control their costs. They're trying to survive. If what you're asking is if we would support anything that increases costs, the high-level answer is no, but the issue is more difficult than that. In order for us

Finance committee  We're suggesting, with respect to the cashing in of credits, that existing approved credits, whether those are generated from the SR and ED program or--

Finance committee  Yes, but the issue is that there's such a small threshold, they're really of very little benefit to anyone who's building a multi-million dollar plant or trying to upgrade a--

Finance committee  I guess what we're talking about is, number one, a short-term change to allow people to cash out existing credits that they already have earned and CRA has approved.

Finance committee  No, no, in Atlantic Canada, you get a 10% investment tax credit if you buy production equipment or a building. That's an earned credit. A number of businesses that we speak to in Atlantic Canada have a lot of these credits earned as well as some approved SR and ED claim credits.

Finance committee  That's right, yes, over the threshold.

Finance committee  We don't know precisely what that is. To safeguard the treasury on that, what you could do is limit it. You could limit it by taxpayer or affiliated group. You could limit it by a certain percentage. What I threw out in the discussion was a 50¢ dollar. It would only be once you

Finance committee  With respect to what they're currently doing, if we had a program like this and we had these types of delays, we'd undertake a review and a strategic mapping to find out what's taking so long, what the steps are, and what's causing this. They seem to have no systematic approach t

Finance committee  Yes, it's clearly a cashflow issue if you're talking about how many dollars nationally would hit the budget. Is that it?

Finance committee  Good morning. Just for background, I am a CA who has practised in taxation for medium and large businesses for about twenty years. When we were looking at the two questions, we wanted to look at recommendations--we've come up with three, dealing with two specific areas--that w