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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

Finance committee  I'm just concerned that I didn't fully understand all of the subtlety of the scenario.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  If I understand your question, Mr. Poilievre, you're asking really about provisions of the Income Tax Act and of the Greenhouse Gas Pollution Pricing Act. I'm not familiar with those. Perhaps my colleague, Ms. Meltzer—

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  We could also undertake to provide exactly the reference in those two pieces of legislation.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  That can be done very quickly.

May 2nd, 2019Committee meeting

Samuel Millar

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Thank you for the question. The estimates are not yet complete. The bill provides authorization to estimate the exact amounts. According to the formula in the bill, estimates for a specified period will be adjusted going forward using specific filters, to make sure the maximum a

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  Precisely.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  That's precisely what subclause 129(4) says, in part 4, division 4, under element E.

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The cap, and it's laid out in subclause 129(4), which would be a maximum, and—

May 2nd, 2019Committee meeting

Samuel Millar

Finance committee  The maximum amount that could be requisitioned pursuant to the authorities here.

May 2nd, 2019Committee meeting

Samuel Millar