Mr. Chris Matier (Senior Director, Economic and Fiscal Analysis and Forecasting, Office of the Parliamentary Budget Officer, Library of Parliament) at the Finance Committee

Sure.

In terms of the average real GDP growth over the five years, it's the same as the private sector. It's just the profile.... The difference on nominal GDP, then, would stem from differences in projections of GDP inflation. I would suspect that our GDP inflation is higher, probably due to a higher outlook for commodity prices, let's say, than what would be consistent with the private sector forecasters.