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Finance committee I don't have that information.
May 1st, 2018Committee meeting
John Moffet
Finance committee I can't make that commitment.
May 1st, 2018Committee meeting
John Moffet
Finance committee The government's position, based on the analysis we've provided them, is that the impact on households cannot be determined at this time.
May 1st, 2018Committee meeting
John Moffet
Finance committee That's actually not what I said.
May 1st, 2018Committee meeting
John Moffet
Finance committee The study does not provide that calculation.
May 1st, 2018Committee meeting
John Moffet
Finance committee I can tell you that memo you are reading was not about this bill.
May 1st, 2018Committee meeting
John Moffet
Finance committee I'm afraid we can't tell you that at this time.
May 1st, 2018Committee meeting
John Moffet
Finance committee I'm afraid I'm going to repeat myself, and I'll elaborate a bit. The impacts depend, first of all, on the direct impact of the carbon charge on commodities that the household purchases, such as gasoline. Second, the impact also depends on the cost of goods that are produced by
May 1st, 2018Committee meeting
John Moffet
Finance committee Again, what we do know is what the cost impacts will be for various commodities. For example, a $10-a-tonne levy translates to about 2¢ a litre of gas.
May 1st, 2018Committee meeting
John Moffet
Finance committee We currently don't have that estimate. I think, again, the impact on households will depend on how that jurisdiction decides—
May 1st, 2018Committee meeting
John Moffet
Finance committee I was just going to repeat that the impact will depend on how that jurisdiction uses the revenues.
May 1st, 2018Committee meeting
John Moffet
Finance committee Yes.
May 1st, 2018Committee meeting
John Moffet
Finance committee Again, that depends on how the jurisdiction uses the revenues, which the federal government is obliged, under this law, to return to the jurisdiction of origin.
May 1st, 2018Committee meeting
John Moffet
Finance committee I'm going to repeat the answer that it depends on how the revenues are used. The government has not decided how it will use the revenues, and it is authorized to return the revenues entirely to the government—
May 1st, 2018Committee meeting
John Moffet
Finance committee Sorry, that's not what I said.
May 1st, 2018Committee meeting
John Moffet