Finance committee  Yes.

Finance committee  The requirement that the body be prescribed is the sole requirement in the bill.

Finance committee  That would be contained in the income tax regulations.

Finance committee  That would go through the normal Governor in Council process for making regulations.

Finance committee  I'm trying to think of a different way of saying this. It would be like any other income tax—

Finance committee  Ultimately, the government will.

Finance committee  You mention setting up a body. There is no requirement in here that it be something created for the purposes of this. Rather, there is a requirement that it be designated.

Finance committee  That's right. It is relevant for the purposes of defining “qualified Canadian journalism organizations”, which itself is relevant for each of the three measures we've discussed: the qualified donee status, the labour tax credit and the digital subscription tax credit. Of course,

Finance committee  First of all, to reiterate, the details regarding the independent advisory panel haven't been released. We really can't provide any additional details on this beyond what has been put out in the budget and related materials. The proposal is that an independent advisory panel be

Finance committee  No, I cannot.

Finance committee  I can't tell you how it would be established, because there has been no announcement as to what the body itself would be, beyond that it would be prescribed by regulation.

Finance committee  It would go through the normal regulatory process as an order in council.

Finance committee  They would go through cabinet.

Finance committee  Well, it goes through the normal regulatory process, unless it ends up in a future bill. I'm of course aware that there are amendments to regulations in this bill, so I don't want to say that all regulations have to go through this process, but it would be the normal process.

Finance committee  There's nothing certainly in part 1 of the bill, with which I'm familiar. There's nothing in here saying what's going to constitute the advisory panel or anything like that.