Finance committee  We're not asking for donations to be made to the foundation; we're asking for a tax incentive to provide an incentive for investment in projects. The owner of a building investing in a rehabilitation would receive a tax credit directly from the government, and that would be admin

Finance committee  There are buildings owned by many different types of owners: privately owned buildings, commercially owned buildings.

Finance committee  The tax incentive obviously would be applied only to buildings that are revenue producing.

Finance committee  For the tax incentive, the ownership type would typically be Canadian corporations, revenue-producing corporations. The second part of our recommendation is making available direct funding for owners of properties that are not revenue producing, for example, places of worship o

Finance committee  There is no direct cost to the government to implement the tax incentive. The kinds of buildings we're looking at would not be rehabilitated without this incentive, so there would not be an increase in tax revenue if the project doesn't exist.

Finance committee  Yes, but it's revenue that the government wouldn't be receiving because these buildings would not be brought into--

Finance committee  Thank you. Mr. Chair, members of the committee, thank you for this opportunity to appear. The Heritage Canada Foundation is an independent charitable organization with a public mandate created to promote the rehabilitation and sustainable use of historic buildings. I'm sure you