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Finance committee  I'll commit, Mr. Chair. We'll come back with that by the end of the day.

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  Perhaps I can speak to that. It is funding for the department for the function we perform with respect to the pan-Canadian climate framework. Effectively, there are a number of aspects to that. One aspect is that in jurisdictions where the federal backstop applies, we have to

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  You'll appreciate, Mr. Chair, that I don't make decisions on the tabling of legislation. I really can't comment on that. That's a decision for the government.

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  I'd have to check whether we received representations. There was certainly media coverage in terms of those criteria.

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  I think there may have been some commentary. I would have to check as to whether there was specific input.

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  The announcement yesterday, Mr. Chair, was that the government had tabled a notice of ways and means motion—

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  —laying out new rules governing stock options. There was a provision there for regulations that would deal with the criteria that would define fast-emerging scale-up corporations. The government sought input from Canadians on what those criteria should be until September 16.

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  There was a link to provide those comments to the Department of Finance.

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  Sure. I can't speak to decisions about what is included and not included in the Budget Implementation Act, but budget 2019 announced the government's intention to move this forward, with details to be released before the summer. Yesterday's tabling of the ways and means motion wa

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  We only tabled the ways and means motion yesterday, and we issued the press release asking for input by September 16, I believe. We would expect input on what those prescribed conditions are and what the regulations would lay out in terms of the non-application of the $200,000 ca

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  Thank you for the question. As all members are aware, in 2017 the United States implemented a comprehensive tax reform that eroded much of the tax advantage that Canada enjoyed for many years. In the fall economic statement, the government took initial steps to respond to that,

June 18th, 2019Committee meeting

Andrew Marsland

Finance committee  For example, the United States implemented restrictions on interest deductibility. Those have an initial impact, which we then attempt to understand, in terms of the propensity of corporations to shift interest expense to Canada in response to that measure. I believe that in 2022

June 18th, 2019Committee meeting

Andrew Marsland

Environment committee  As officials, we live with what we're given in the commitment. It's a commitment, so we live with that. I think the question was that if it's efficient, we should get rid of it, because then it's effective at producing more production, I guess. That goes to the challenge of app

June 10th, 2019Committee meeting

Andrew Marsland

Environment committee  I don't think so. I think any intervention leads to a distortion. That might be a distortion you're trying to achieve. For example, the government decided in budget 2019 that it wanted to encourage businesses to acquire zero-emission vehicles, so it allowed an immediate writeoff.

June 10th, 2019Committee meeting

Andrew Marsland

Environment committee  Quite frankly, unfortunately, I don't think it's a concept that's susceptible to a simple, singular definition. The department's approach—and we document this approach—is to look at a broad spectrum of considerations and weigh those considerations. As I mentioned, they deal with

June 10th, 2019Committee meeting

Andrew Marsland