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Finance committee Well, keep in mind—
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Well, it's 1,290 tariff classifications, but each individual classification can and does affect multiple products. Take the sporting helmet classification. It affects hockey helmets, baseball helmets, ski helmets, and so on.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee I'm more than happy to yield the floor.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee As far as I've seen, Sony has actually paid an iPod tax. So either an iPod tax exists or Sony should be granted a refund.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Yes, and it all goes to this 9948 issue of whether or not you need end-use certificates. Sony believed that they did not, that end-use certificates were not required. The CBSA saw it differently, and Sony ended up paying back tariffs because of that. A CBSA memo was released, an
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Exactly.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee We talk about China having preferential tariff treatment over a number of countries, but right now there are only 43 or 45 countries that pay higher tariffs than China, and 27 of those are in the European Union. So once we have a trade deal with 27 of those countries, there are o
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee I haven't seen any, and there actually aren't too many. It's difficult to say. Even if the tariff is going up, is there some exemption under chapter 99 of the customs tariff document from CBSA? There aren't too many that I've found—just this whole class of iPods and MP3 players.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Absolutely. We need to do whatever we can to help the retail sector here. So the idea that we can just hope that these tariffs are somehow going to get absorbed by the retailer and not be passed along to the consumers and not affect cross-border shopping, I think, is unrealistic.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Yes.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Yes I am.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee I'd like to think so, yes I am.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee I'm from southwestern Ontario, so you'd expect me to agree.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Sure. No argument there.
May 21st, 2013Committee meeting
Prof. Mike Moffatt
Finance committee Absolutely. Consider a coffee maker. A low-income household is probably going to buy an entry-level coffee maker that is built in China. Somebody who makes six or seven figures a year is probably going to buy an expensive espresso machine built in Switzerland that is not affect
May 21st, 2013Committee meeting
Prof. Mike Moffatt