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Finance committee  As was mentioned, the details are in development, but just generally speaking, reducing emissions and increasing efficiency will lower costs. A household, for example, that reduced its carbon footprint, would be receiving that climate action incentive rebate, but there would be m

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  That's right.

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  That's correct. The intent is not to generate revenue. The intent, as was indicated in the announcement in October and again in December, is to create an incentive for households to be able to further reduce emissions through climate action incentive payments, but also roughly 1

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  That's correct.

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  The details of how that 10% will be disbursed, including to small and medium-sized enterprises, are still to be determined. Just in terms of the expectation of how the approach works, there would be two things, I would say, with respect to small and medium-sized enterprises. On

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  Yes, generally speaking as with other carbon pollution pricing systems, the expectation is that the costs are passed through, and that's why you see it's very common that proceeds are returned to consumers and households, for example, in different ways in Alberta and B.C. What I

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  Thank you for the question. Given the context, I'm going to switch languages to answer. The commitment in terms of the return of proceeds, as was announced publicly in the fall, is that 90% of the proceeds from the fuel charge in those specified jurisdictions of Manitoba, Sask

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  I can confirm that under Greenhouse Gas Pollution Pricing Act, there is a requirement to return all direct proceeds from the application of the federal system to the jurisdiction of origin.

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  To the best of my knowledge, it's not defined in the Greenhouse Gas Pollution Pricing Act. It talks about the proceeds, the direct proceeds from the application of the federal system, but as my colleague mentioned, we can certainly follow up to confirm.

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  Yes, I'm aware of it.

May 2nd, 2019Committee meeting

Judy Meltzer

Finance committee  That's correct. That was my understanding of the report.

May 2nd, 2019Committee meeting

Judy Meltzer