Finance committee  I'm sorry. Did you ask if tax fairness for amateur athletes is something I'm supporting? I'm supporting the recognition of earned income as earned income. That's what I'm supporting.

Finance committee  We've introduced a number of different issues, but here I'm talking specifically about recognition of earned income as earned income.

Finance committee  Certainly the $115 million could be spent more progressively than on a fitness tax credit.

Finance committee  As far as I know, there has not been a specific magnitude developed, but what we do know, for example, with the children's fitness tax credit, is that most of the low and middle-income households don't even know that the credit exists, and where it is known that it does exist, a

Finance committee  In terms of being informed, what we have seen through the various surveys that have been administered to families about the fitness tax credit is that low-income families, single-parent families, and families at risk are not aware of the tax credit. A lot of this has to do with t

Finance committee  Of the families that claim the tax credit, only 15% of those families say that it actually changed their decision to enrol their child in sport participation. Therefore, 85% of the families participating and receiving that money would have enrolled their child in the sport progra

Finance committee  It's poorly targeted. If we're trying to encourage more families to enrol their children in sport, the child fitness tax credit does not do that predominantly because for a lot of low-income families waiting 15 months to get up to $75 back off a $500 expenditure is challenging fo

Finance committee  Good afternoon. I am Dr. Lindsay Tedds. I'm an associate professor here in the School of Public Administration at the University of Victoria. My primary area of expertise is in Canadian tax policy, particularly with respect to design and implementation. I've written a number of

Finance committee  I think it's important to separate out the basic flow-through share system versus the additional METC, which is what we call the super flow-through share system. The federal government studies that have been done—and there have now been two—as well as three academic studies, hav

Finance committee  This is tricky, because it might get me into a little bit of hot water. No, I don't have a lot of favourable things to say about the flow-through share system. I'm not saying that the mining and exploration industry doesn't need some vehicle in which to help encourage people t

Finance committee  When you look at the data at hand, there was absolutely no decrease. In fact, there were increases over those years the METC was not in play. That's because mining prices were increasing predominantly. That's what drives investing behaviour—the prices.

Finance committee  Yes.

Finance committee  When it comes to tax planning purposes, we know there is a tax planning element. In face, 90% of the investments happened at year end, which is an indication it was being done for tax planning purposes. This isn't something that people do over the year.

Finance committee  The GST/HST tax credit was an oddity in the way that people qualified for the tax credit. There is no other tax credit out there that required people to say, yes, assess me. Everything else is based off of information that CRA has.

Finance committee  Income splitting predominantly benefits high-income households. Very few benefits accrue to low- and middle-income households. So it depends on what you're trying to achieve with the policy, but the academic research on income splitting has been clear that there are better ways o