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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 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 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 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 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 just wanted to confirm that it's not data I have in my possession. We would need to get back to you, Mr. Julian, as to whether or not we can provide that data. As Mr. McGowan was saying, this data would reside with the Canada Revenue Agency.
March 11th, 2021Committee meeting
Maude Lavoie
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 Good afternoon. I'd just like to mention that the officials online at the moment are not those who worked on this program. We'll have to get back to you later with an answer.
March 11th, 2021Committee meeting
Maude Lavoie
Finance committee Unfortunately, once again, the people who could answer that question are not online.
March 11th, 2021Committee meeting
Maude Lavoie
Finance committee Under the income tax rule, there's a limit to how much can be deducted for the purchase of a vehicle, which is being increased by this bill to $55,000. But I believe that for these vehicles that are significantly above the threshold, there will still be a limit to $55,000 in term
May 27th, 2019Committee meeting
Maude Lavoie
Finance committee It's $55,000. I believe you're referring to the point-of-sale rebate for consumers, which is a different measure, but it's the first $55,000, so all the vehicles purchased up to this amount would qualify for the....
May 27th, 2019Committee meeting
Maude Lavoie