Finance committee  I'll start this and then ask Mr. Matier to follow up. What we have said in the report is that on the savings that were introduced in budget 2013, if we remove those savings—which means higher spending by the government—the structural budget deficit in 2017 will still be positive

Finance committee  That's right.

Finance committee  The budget still will be in the positive, about a $2 billion structural budget balance in 2017. Chris, do you want to add something?

Finance committee  That point really has nothing to do with the risk. This is just a factual matter that the impact of those measures on the structural budget balance essentially is to bring them down from about—

Finance committee  Again, in the way we look at this we can't really separate that from what happens in the rest of the economy, from what other factors have affected the job creation. Whether it's an external environment, whether there are certain other events, whether it's lower interest rates in

Finance committee  We did not examine the measures through that lens. We focused on the impact of the economic and fiscal measures. But we can assess the various economic measures. We can assess the economic and fiscal impacts, but not so much the benefits to Canadians. That doesn't really fall wit

Finance committee  Yes, I think our unemployment rate forecast is pretty much in line with what the government has in its projection in the budget.

Finance committee  As far as the nominal GDP is concerned, we are just a slight—

Finance committee  For real GDP, we're almost the same. Chris?

Finance committee  Had you not taken the measures that you have taken in budget 2012—

Finance committee  That's right, and—

Finance committee  Well, there were also some stimulative measures during that period of time, so it wasn't just savings measures, but the total amount, that type of thing. Yes, I mean, the way to look at it is that we are expecting the government—well, the economy—to create about 600,000 jobs ove

Finance committee  No, I didn't say that.

Finance committee  I didn't mean to say that if I said it.

Finance committee  Certainly the external environment is quite important for Canada. We export a lot of goods and services, so whatever is happening in the United States, in Europe, in the emerging markets, would be important for Canada. Everybody knows that there is a lot of uncertainty out there,