Proceedings of the Standing Senate Committee on
National Finance

Issue 25 - Minutes of Proceedings - October 16, 2012

OTTAWA, Tuesday, October 16, 2012
(68)

[English]

The Standing Senate Committee on National Finance met this day, at 9:30 a.m., in room 9, Victoria Building, the chair, the Honourable Joseph A. Day, presiding.

Members of the committee present: The Honourable Senators Bellemare, Buth, Callbeck, Day, Finley, Gerstein, Hervieux-Payette, P.C., Mitchell, McInnis, Nancy Ruth, Ringuette and Smith (Saurel) (12).

In attendance: Sylvain Fleury, Édison Roy-César, Analysts, Parliamentary Information and Research Service, Library of Parliament.

Also in attendance: The official reporters of the Senate.

Pursuant to the order of reference adopted by the Senate on Wednesday, May 9, 2012, the committee continued its examination of Bill S-205, An Act to amend the Income Tax Act (carbon offset tax credit). (For complete text of the order of reference, see proceedings of the committee, Issue No. 24.)

WITNESSES:

Environment Canada:

John Moffet, Director General, Legislative and Regulatory Affairs;

Kerri Henry, Head, Offsets Policy.

Canada Revenue Agency:

Brian McCauley, Assistant Commissioner, Legislative Policy and Regulatory Affairs Branch;

Clément Bouchard, Director, Processing Division, Individual Returns Directorate, Assessment and Benefit Services Branch.

Mr. Moffet made a statement and, together with Ms. Henry, answered questions.

At 10:32 a.m., the committee suspended.

At 10:35 a.m., the committee resumed.

Mr. McCauley made a statement and, together with Mr. Bouchard, answered questions.

At 11:05 a.m., the committee adjourned to the call of the chair.

ATTEST:

Jodi Turner

Clerk of the Committee