Hon. Doug Lewis (Minister of State and Minister of State (Treasury Board)):
Mr. Speaker, I have the honour today, on behalf of the Minister of National Revenue (Mr. MacKay), to table in the House the Tribal Class Update and Modernization Project, or TRUMP, Remission Order.
This order remits the customs duties and a portion of the federal sales tax paid or payable on goods imported between January 1, 1987 and December 31, 1993, for use in the updating and modernization of four Tribal Class destroyers for the Canadian Navy. It is estimated that the order will remit $28 million in customs duties and $3.5 million in federal sales tax.
The tabling of this order is in line with the Government's commitment to the Standing Committee on Public Accounts to increase accountability and openness with respect to the use of the remission orders.
Subtopic: NATIONAL REVENUE
Sub-subtopic: TABLING OF TRIBAL CLASS UPDATE AND MODERNIZATION PROJECT REMISSION ORDER