Evidence of meeting #204 for Finance in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was economy.

A video is available from Parliament.

On the agenda

MPs speaking

Also speaking

Stephen S. Poloz  Governor, Bank of Canada
Carolyn A. Wilkins  Senior Deputy Governor, Bank of Canada
Yves Giroux  Parliamentary Budget Officer, Office of the Parliamentary Budget Officer
Chris Matier  Senior Director, Economic and Fiscal Analysis, Office of the Parliamentary Budget Officer
Jason Jacques  Senior Director, Costing and Budgetary Analysis, Office of the Parliamentary Budget Officer

1:40 p.m.

Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

Yves Giroux

It's going up by $1.8 billion in cash terms.

1:40 p.m.

Liberal

The Chair Liberal Wayne Easter

Yes, I know that's what it's going up, but what's the bottom line? How much is the total transfer annually on the Canada health transfer from the federal government to the provinces?

1:45 p.m.

Senior Director, Costing and Budgetary Analysis, Office of the Parliamentary Budget Officer

Jason Jacques

The total transfer is $40.4 billion.

1:45 p.m.

Liberal

The Chair Liberal Wayne Easter

It's $40.4 billion.

Do you have before you what the transfer is to persons in terms of elderly benefits? Do you have that there as well? I know it's increasing $2.5 billion.

1:45 p.m.

Senior Director, Costing and Budgetary Analysis, Office of the Parliamentary Budget Officer

Jason Jacques

It's $56.2 billion.

1:45 p.m.

Liberal

The Chair Liberal Wayne Easter

Okay. With that, are we all in, all done?

Thank you very much, gentlemen, for your presentation and for answering our questions. It's unusual for us to be done a wee bit ahead of time, but we'll take it.

The meeting is adjourned. We'll see you all again at 3:30.