Finance committee  We do, in tax policy, continue to look at different potential approaches to try to alleviate the issues that we're facing in the housing market. Over the recent couple of years, we've announced a number of measures, in part to deal with some aspects of speculation and more recent

Finance committee  Thanks again for your question. I believe my answer is the same. I'm not really in a position to go into the details on each one and where we are—

Finance committee  As I've previously said, we are looking at everything in the tax system with respect to the tax treatment of housing capital gains, including capital cost allowance as well, so it's a broad review.

Natural Resources committee  Thank you for your question. I'm not in a position to talk about or speculate on the considerations around introducing a windfall tax on—

Natural Resources committee  I'm not sure I have an answer to that question. The government has made substantial investments, as I said, just looking at the five various ITCs covering different aspects of clean technology, but I'm going to turn to you....

Natural Resources committee  Yes, the government has announced three levels of credit. For the cleanest hydrogen, there is a 40% credit. Then there's a 25% credit at the intermediate level. Then it drops down to 15%. To qualify for the 15% credit, for example, I believe the hydrogen produced has to have a ca

Natural Resources committee  I don't know if it's necessarily more expensive when you do it by—

Natural Resources committee  It depends on the project as a whole. You can have a water electrolysis project to generate green hydrogen that requires a very large investment in wind turbines, for example, or in creating a road system to access all of that. It really depends on the type of investment. Basica

Natural Resources committee  Yes.

Natural Resources committee  I'm sorry, Mr. Chair, but we don't have the people responsible for this at the finance department, so I can't really....

Natural Resources committee  Thank you for the question. The short answer is yes. We are working diligently on finalizing draft proposals for all five of these credits. As I mentioned in my remarks already, in August we released for consultation draft legislative proposals for the clean-tech investment ta

Natural Resources committee  We can double-check that. My understanding, with respect to the advanced manufacturing production tax credit in the United States, is that labour requirements do not apply. They may apply for the advanced energy project credit, which is the small remaining credit that is worth

Natural Resources committee  I haven't really had any discussion on that specific aspect. The industry hasn't reached out to me directly on this, so I can't really comment on it.

Natural Resources committee  Thank you for your question. I can talk about investment in terms of the money or the spending that these ITCs would represent for Canada. I may turn to my colleague to see if he has anything to add; I'm not sure. To give you some idea, over the next five years, we project the c

Natural Resources committee  Thank you for the question. That is a fundamentally important question. In Canada, we tend to favour investment tax credits as opposed to production tax credits, and the United States is using both. More recently in the IRA, they have expanded significantly on their production t