Government Operations committee  Would it be $1.2 million? No, it's more like $16 million.

Government Operations committee  About 900,000 jobs.

Government Operations committee  No, when the GDP increases by 1%, employment increases by 0.6%.

Government Operations committee  No, the 220,000 jobs figure was estimated by the department. We've published an annex in budget 2009 that goes over the details of the calculations. In putting together the estimate, we asked two independent forecasting organizations to verify our assumptions—the Conference Boa

Government Operations committee  I submit to you that it was fairly comprehensive work that was done, with verification from outside experts, on what one could reasonably expect from this kind of program.

Government Operations committee  The $27 billion figure corresponds to the total value of the federal government's stimulus package in 2009.

Government Operations committee  To date, 97% of the funding has been committed. We estimate that approximately 70% of the overall figure has been committed to projects now under way.

Government Operations committee  You can give people some money. It's similar in some ways to a tax cut in the current circumstances, and it affects the economy right away. However, I guess the ultimate impact on the economy is going to depend on how much you think that person is going to save. Perhaps in a rece

Government Operations committee  Yes, and that is why the multiplier is lower for the personal income tax cut.

Government Operations committee  Clearly, in retrospect we would have a better idea. I think there are certain things that we can say now about job creation. Monitoring the rollout of the plan is the first step. As we indicated in the third report, in the auto sector in particular there are 52,000 jobs at stak

Government Operations committee  I think that's an interesting counterfactual question to ask. I think when you start thinking about the answer, though, it gets awfully complicated awfully fast, because not only Canada but also every other country in the world engaged in a round of stimulus. We did it at time wh

Government Operations committee  The only comment I'd make on that is just to remind you that most of those factors that led to the declines in the U.S. and Europe were not present in Canada.

Government Operations committee  That effectively is what we show as measures for low-income households. That multiplier more or less would capture the EI impact.

Government Operations committee  Well, you're right that it is one of the quickest ways to get money out there--

Government Operations committee  As far as businesses are concerned, you are correct in saying that the tax rate on investments in Canada will soon be 16.9%, compared to 33.9% in the United States. This is a tremendous advantage that should favour investment in Canada. I believe it's a long-term advantage, or in