Finance committee  Getting back to the gold mine picture, the problem is not the gold in the soil, the problem is we're running out of atmosphere to throw it into. Maybe in Canada we're denying this and that's fine, and it's okay, but elsewhere in the world, that's a fact. It's taken as a scientifi

Finance committee  Okay. I want to comment on the first number, then I'll get right away to the question afterwards. There's a very big difference between one in five dollars in investments and one in five dollars in economic activity. One is a result, the other one is a motor. Investment is a mot

Finance committee  The gold mine approach, I would agree if that was what we were doing. I don't think that we're doing that in the sense that our royalty system, the way we capture the oil rent in Canada, is very particular when compared to other countries that are doing that. Look at Norway. It i

Finance committee  Yes, I can comment on that. The economic assessment that we can make of the various income tax reduction programs for businesses show that tax cuts for the 1990s and 2000s, particularly for 2010, have not had an impact on the change in investment patterns, either in terms of vol

Finance committee  So you can't do both at the same time. Choices need to be made. the choice of reducing corporate taxes does not translate into additional investments or increased power...

Finance committee  The carbon bubble argument is tied to the environmental assessment of oil sands petroleum versus other forms of energy. This assessment does not depend on the current view the Canadian government has on global warming, whether it believes or not in climate science, or whether it

Finance committee  —endowed with a vast potential to go in either direction. Moving—

Finance committee  Thank you very much. The Institut de recherche et d'informations socio-économiques is an economics research institute that has imposed itself over the years as an important actor in policy debates in Quebec. Its approach is characterized by fact-based policy discussions that as