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Finance committee  I'm not sure I understand what you mean by the CPP, but for 2005-06 we had a surplus estimated at $13.4 billion in the fall update. We had to account for measures that were taken before the update, and it reduced the surplus by $1.4 billion. We have the impact of consolidating the foundations in the government financial statements, which reduced the surplus further.

May 10th, 2006Committee meeting

Paul-Henri Lapointe

Finance committee  The year, of course, is not closed, as we're looking at the March numbers now, and we are going to go to the normal year-end adjustments for departments that have committed funds and the adjustment for revenue when we go from cash to accrual, and we'll have an estimate at the end of the year.

May 10th, 2006Committee meeting

Paul-Henri Lapointe

May 10th, 2006Committee meeting

Paul-Henri Lapointe

Finance committee  Well, we indicated in the budget that we estimated the surplus at $8 billion.

May 10th, 2006Committee meeting

Paul-Henri Lapointe

Finance committee  I would refer you to a number of tables in the follow-up data. I have them here. If a measure is not included in the budget, it means that it is not proceeding. If you go to the tables in chapter 5 of the follow-up data under “Creating Opportunities for all Canadians”, under innovative economy, and under the global commerce, you will see the list of the initiatives that are not proceeding.

May 10th, 2006Committee meeting

Paul-Henri Lapointe

Finance committee  Well, as I said, we have those in the tables. I can point out to you later on where they are.

May 10th, 2006Committee meeting

Paul-Henri Lapointe

Finance committee  I think that you are referring to tax revenue that the Canada Revenue Agency or the Customs Agency stated it probably could not collect. This question should be put to the Agency.

May 10th, 2006Committee meeting

Paul-Henri Lapointe

Finance committee  It is not the Department of Finance.

May 10th, 2006Committee meeting

Paul-Henri Lapointe