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Finance committee There are safeguards one could suggest. Going back to the member from the Bloc, he talked about Quebec having some safeguards. I would just like to mention that the safeguards in Quebec are so prescriptive it's very difficult to even fall into them. We're finding that a lot of fa
February 6th, 2020Committee meeting
Jennifer Kim Drever
Finance committee There really are a lot of differences between the two countries. We have a capital gains exemption. They have some gift taxes. They have gift exemptions. There are a lot of differences between the two countries. It's something we could absolutely look at and bring back to the c
February 6th, 2020Committee meeting
Jennifer Kim Drever
Finance committee In their tax reform bill in the United States, they took a three-pronged approach. They said they were dropping their corporate tax rate from 35% to 21%. They were having an immediate writeoff of asset acquisitions, with immediate expensing of all assets. They were also having an
February 6th, 2020Committee meeting
Jennifer Kim Drever
Finance committee We agree. It will change whether people take out interest.... We were talking about some of the options, and Am can jump in here too. When you need to expand the business or you're going for capital, if debt is not one of the options because you're not going to be able to write
February 6th, 2020Committee meeting
Jennifer Kim Drever