Natural Resources committee  Thank you for the opportunity to appear today concerning Canada's clean energy plans in the context of North American energy transformation. One of the key themes of budget 2023 was the announcement of a made-in-Canada plan to build a clean economy. Investment tax credits are a k

Finance committee  With respect to the clean electricity investment tax credit, the effective date will be budget 2024. Next year we're going to continue to refine the implementation and draft legislative proposal with respect to this credit. There are still a number of design elements to work on

Finance committee  With respect to envelopes, there's no specific funding because it's a refundable investment tax credit.

Finance committee  I'm sorry. I misunderstood.

Finance committee  Thank you for your question. I am going to note your questions. We will certainly be able to give you the information, but we have to check whether we are able to give you the information at all levels, by sector or by province. We will have to look at it, but definitely, at a m

Natural Resources committee  Thank you for your question. We don't have a specific assessment in terms of, for instance, a multiplier. We know that these credits are, by any standard, relatively generous to the extent that not only is the rate at least at par with what the Inflation Reduction Act in the Uni

Natural Resources committee  We will have to take this and share with our colleagues in the federal-provincial relations branch to see if there's a way to provide you with something.

Natural Resources committee  We're working on an official definition within the framework of our review of Argentina. Our goal is to finalize it all in 2023, and we're working very hard on it. At the same time, this does not prevent the government from making decisions, such as eliminating flow-through sha

Natural Resources committee  As I just said, we are working on an official definition within the framework of our review of Argentina. Nothing has been made public yet because the work is being done internally. Our goal is to finalize the project in 2023.

Natural Resources committee  You're right that there are two investment tax credits, and the labour conditions would apply to both. Maybe I can take the investment tax credit for clean technologies as a starting point. The investment tax credit is being proposed at a 30% rate. In order to obtain that 30% r

Natural Resources committee  My understanding is that in Canada the concept of prevailing wages is being used in the context of the foreign worker program to make sure that when employers hire foreign workers, it's not done in a way that undercuts Canadian wages. It's a concept being used there. I do not be

Natural Resources committee  I will have to get back to you on this. I don't have the number with me.

Natural Resources committee  I'm sorry. I don't have a direct answer to that. Are you asking for...?

Natural Resources committee  That's a question I would have to defer to my colleagues in the fiscal policy branch. They are not on this call, so I can take this with me and see what can be provided to the committee.

Natural Resources committee  We don't have that number. The way the carbon tax works, along with the GST, is there's no separate tracking of the amount. Often it's buried in the final price, and GST will be charged on the final price of the product, so there's no accounting that allows us to even calculate t