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Finance committee  I'm sorry, Mr. Chair. I am here specifically on clause 129. I don't believe I'm in a position to speak to clause 131.

May 27th, 2019Committee meeting

Samuel Millar

Finance committee  I would agree that likely the best answer would be that the government is developing the specifics around how the program will be implemented.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The proposed provisions are not a new carbon levy. It's an authority to allow for the return of some of the proceeds that will be collected from the fuel charge in four provinces for the moment.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  That came into force on April 1, 2019.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Correct. I was referring really to the provisions that are proposed in the BIA. As we said in October, the government identified a number of particularly affected sectors, including small and medium-sized enterprises, but there are several others including municipalities, hospit

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  I think the short answer is that the details of how these provisions, if passed by Parliament, will be used in relation to small and medium-sized enterprises and other particularly affected sectors are still under development and really can only be released once the statutory pro

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  So as not to prejudge that the authorities will be available to the government.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  I'll just briefly walk through the formula, which is, as I said, a touch complicated. C is the amount estimated to be collected from the fuel charge. D is the amount estimated to be paid to individuals, and potentially others, under the Income Tax Act. You're basically making s

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  That's correct.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The provincial governments—and I already listed the four provinces currently mentioned in the bill—are not directly involved in these measures.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  I don't believe so.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Well….

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  I agree.n It is somewhat complicated to read it in real time. In simple terms, for B, which comprises that somewhat complicated formula that you pointed to, of which G is a portion, the best way of thinking of it, I think, is as a true-up. There's an estimate in one year of the a

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Maybe I could just walk through the whole formula. That might be the best way.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Would that be a fair way of...?

May 2nd, 2019Committee meeting

Samuel Millar