Finance committee —and perhaps its need for simplification.
Finance committee What specific areas would you identify as needing simplification?
Finance committee Okay. What explains “inability to comply”? What are some of the factors? Why “inability”?
Finance committee Right. Okay. As far as the tax gap is concerned, where does Canada rank vis-à-vis other democracies?
Finance committee Thank you very much. Mr. Chair, I'll pass my remaining time to my colleague.
Finance committee Thank you, Mr. Chair. If I have time left, I will be splitting it with my colleague Ms. Rudd. Thank you to everyone, particularly Mr. Giroux, for being here and for the report, which I want to reference. On page 4, it states the following about the tax gap: “Part of the tax ga
Finance committee I don't mean to interrupt you, but in the interest of time, what you're talking about here in terms of errors indicates to me that, really, you're talking about the complexity of the tax code—
Finance committee It's very good to be proactive and prepared, so thank you for that explanation. I'm also interested in item 3 here, at the bottom of the page. It mentions $1.2 million, to enhance capacity for indigenous policy. By “enhanced capacity”, what do we mean there?
Finance committee I was also interested in how you talked about an open banking review. I hope I'm not taking a question away from my colleague to my left—I know this is a great passion of his—but I do want to ask it, because I am interested in it. This is something the committee has—
Finance committee Open banking and a review of it is what's being contemplated here. How does that compare to what other countries are doing? Would you be able to comment on that? Where is Canada in terms of considering open banking, and what are the implications of it for financial systems? I kno
Finance committee Very good. Thank you, Mr. Chair.
Finance committee Thank you very much, Mr. Chair. Thank you to the officials for appearing this morning. I see that on the first page, you allocate $1.5 million for tax competitiveness monitoring. In what ways are we going to be doing that? Could you be more specific?
Finance committee I don't mean to interrupt you, Mr. Marsland, but when you say assess and model, could you give examples?
Finance committee Thank you very much. I was also interested in how you allocated for “trade dispute resources”. Compared to other funding pools, it is only $0.6 million, but it's still sizeable. Could you go into that? What do we mean by that?
Finance committee Yes. It's not just the Soo and Hamilton, as you said.
June 12th, 2019Committee meeting