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Finance committee  This is not a question that directly relates to the bill, so unfortunately, this is not information that those on the line have. We'll also need to get back to you on that question.

March 11th, 2021Committee meeting

Maude Lavoie

Finance committee  Yes. Regarding your question on the number of applications for the Canada emergency rent subsidy, according to the CRA website, so far they have approved 470,000 applications for this program. Of course, some of those businesses may have applied for more than one period of the pr

March 11th, 2021Committee meeting

Maude Lavoie

Finance committee  I imagine that you're talking about the cost of the measure and not the amendment in this part of the bill. The department estimates that government revenues will decline by $62 million in 2020-21 and 2024-25. I don't know the exact number of companies that could take advantage

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  I'm here.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  No. I think Trevor's answer is complete. Thank you.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  It means that Canadian exploration expenses can be deducted, up to 100%, from revenue when calculating taxes.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  For the Canada recovery hiring program, the types of businesses or employers that can apply are Canadian-controlled private corporations, non-profit organizations, charities and partnerships. This resembles the list of organizations that are eligible for the wage subsidy, for ins

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  That's correct.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  That's correct.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  Perhaps I would note that this program is scheduled to be in place until the end of November. I believe, with the speed of the vaccination campaign, it is everyone's hope that we will be starting the recovery in the coming months and that businesses will be able to benefit from t

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  The program will start in June and end by the end of November. To the extent that they're able to open during the summer, if the sanitary restrictions are lifted, they would be expected to be able to benefit from this program.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  I cannot speak to any standing programs that may have been put in place. I'm really just familiar with what we have in terms of the hiring subsidy, the wage subsidy and the rent subsidy. These programs they could benefit from are available to all industries if they have demonstra

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  It's hard for me to discuss all the conversations that have happened between the government and an industry in particular. What I could say is that the wage subsidy.... Yes, it's true. There is a decline in the rate that's being contemplated until September when the subsidy would

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  No. I was talking about the wage subsidy. The hiring program is scheduled to end by the end of November, unless I'm mistaken. Perhaps Trevor can correct me if I'm wrong, but I don't think this one can be extended.

May 13th, 2021Committee meeting

Maude Lavoie

Finance committee  That's correct. To qualify for the hiring program in the first period, they need to demonstrate that they have had some revenue decline compared with that for the same period last year. Starting with the second period, they have to demonstrate that they have had an at least 10% r

May 13th, 2021Committee meeting

Maude Lavoie