Finance committee  Well, certainly I think a large number of Canadians would appreciate the amendments going through, but I have no idea, to be honest with you, of how many that is.

Finance committee  No.

Finance committee  Yes, it would have been a problem. I tend to agree with the concern that Michael addressed. It's quite common in a situation like this to file on the basis of the proposed law when the written comfort is obtained from the government. In this particular situation, the spun-off c

Finance committee  The short answer would be yes. I think it's widely supported within the tax community.

Finance committee  I think that's a good idea. I think it would help to remain current, and it would help to avoid having any kind of backlog building up. It would help to keep it on the current agenda as a priority.

Finance committee  I don't see that as a concern. I think all that's really happening here is that where you're a shareholder in a foreign publicly listed U.S. company or, as I mentioned, an SEC registrant, you presently hold all of your investments in basically one piece of paper, and if they divi

Finance committee  I don't think so, because basically you're talking about a situation where the requirements of the rule are such that it be widely held in the first place. Also, this treatment of spinoffs I think is widely accepted as neutral tax policy, so the tax law should not be imposing a d

Finance committee  Good morning, and thank you, Mr. Chairman. Thank you for inviting me to appear before this committee to provide some insights into one specific aspect of Bill C-48. I'm a tax partner at Osler, Hoskin & Harcourt LLP, a national Canadian law firm. My submission today deal