National Finance – October 16, 2012

In Committee from the Senate of Canada

National Finance – October 16, 2012

National Finance (October 16, 2012)

Officials from Environment Canada and the Canada Revenue Agency discuss Bill S-205, which would amend the Income Tax Act to create a non-refundable tax credit for carbon offset purchases.

John Moffet and Kerri Henry of Environment Canada speak about greenhouse gas offset systems. The CRA’s Brian McCauley comments on some of the issues involved in administering the legislation.