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Finance committee  In our industry, we've seen exactly that happen in B.C., with customers buying and registering in their secondary residence in Arizona, Florida, California or wherever that might be and/or finding a way to buy and register the vehicle in the next province over, which is Alberta,

February 4th, 2020Committee meeting

Tim Reuss

Finance committee  One other example of an unintended consequence of the iZEV program was one manufacturer despecking the battery of the vehicle to bring it under the threshold and therefore make it eligible for the federal rebate. Here you have a customer who then buys a vehicle and has a subopt

February 4th, 2020Committee meeting

Tim Reuss

Finance committee  That's correct, and you alluded to the fact that our dealer members will be dealing with reduced revenues on the service and parts side of their businesses, but they might also have an opportunity from electric vehicles, for example selling not just the charging station but also

February 4th, 2020Committee meeting

Tim Reuss

Finance committee  I'd be glad to. Actually, the Office of the Parliamentary Budget Officer, which you were referring to, says that the estimate has a high degree of uncertainty, and one of the things it alludes to is that behavioural responses to a tax of this nature are to be expected. Our rem

February 4th, 2020Committee meeting

Tim Reuss

Finance committee  When you look at the specific impact in British Columba, for the segment above $100,000, the sales decreased by 16%, which is three times what the overall provincial sales decrease was in that same period of time. You can see that this segment of the market was especially impacte

February 4th, 2020Committee meeting

Tim Reuss

Finance committee  Regarding the manufacturing sector itself, I would pose that question to the manufacturing sector. However, on the employment impact we have seen in our sector, which is on the retail side of the business, in B.C. we have already felt it, with 43% of our members experiencing a di

February 4th, 2020Committee meeting

Tim Reuss

Finance committee  Thank you very much, Mr. Chair. Good afternoon. Thank you for inviting us here today. My name is Tim Reuss. I'm the president and CEO of the Canadian Automobile Dealers Association. Appearing with me is Huw Williams, CADA's director of public affairs. I'm here today on behalf

February 4th, 2020Committee meeting

Tim Reuss