Yes. Over years three, four, and five, it should recover relative to our last forecast. However, we do see a slightly larger reduction in personal income tax revenues relative to our last forecast in the first two years of our projection.
October 24th, 2016 / 5:45 p.m.
Financial Analyst, Office of the Parliamentary Budget Officer, Library of Parliament
Yes. Over years three, four, and five, it should recover relative to our last forecast. However, we do see a slightly larger reduction in personal income tax revenues relative to our last forecast in the first two years of our projection.
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