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Finance committee  To follow up on the point made by Dr. Askari, we're actually working on two requests right now. The first is a detailed micro-distributional analysis, both pre and post child tax benefits. As well, to your point, we're doing a more comprehensive overview of the tax changes seen i

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  Again, we're working with data identical to that of Finance Canada, which they offered in their testimony to the committee last week. That's the 2013 CRA data. By income group, you roughly see that individuals who filed T1 returns and who claimed that they had a total income of

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  I think the short answer is that we don't know. So, it's difficult to know based upon people.... We have historical data about what was happening when people were able to set aside $5,000 or $5,500. We don't actually have access to data with respect to the doubling of that rate

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  The long term estimates—and, again, going back to our publication from last year—would put us pretty much on par with the existing RRSP program, going up to 2075. Overall, that would be roughly 0.6% to 0.7% of the GDP.

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  You seem credible.

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  No, that was outside the scope of the paper. We were primarily or almost exclusively focused on the fiscal impacts or the fiscal cost.

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  No, I don't know the answer, but I'm betting you do.

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  No, we didn't do a direct comparison with the individual savings accounts. It was something that we did cover in the annex of the paper we published last year, looking at the examples from the U.K., the U.S., and Japan.

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  I'm not aware—

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  No, I believe that statistic, although technically correct, actually includes a base of all Canadians including those who haven't actually opened TFSAs. When you look at the individual Canadians who have opened TFSAs, the statistic from the Canada Revenue Agency as of 2013 was cl

April 19th, 2016Committee meeting

Jason Jacques

Finance committee  If you go back to the annex in our report of September 1, we presented this scenario with respect to indexation. Using the growth rates that were presented within that report, we'd be looking at roughly $1 billion within the first year, on July 1, 2020, when indexation takes effe

October 24th, 2016Committee meeting

Jason Jacques

Finance committee  To elaborate on the PBO's point, I think, broadly speaking, the position we've had in the office is that the 2012 government operations committee report did represent a consensus among parliamentarians of all political parties with respect to the 16 recommendations to the House o

October 24th, 2016Committee meeting

Jason Jacques

Finance committee  To elaborate on Jean-Denis' point, with respect to our ability to actually assess the real impact on the economy from the jump we saw in the first quarter's cash flows coming out from the government, the short answer is neither yes nor no; it's not yet. That said, obviously there

October 24th, 2016Committee meeting

Jason Jacques

Finance committee  Jean-Denis is better placed to respond to that question, but I myself have been with the office since 2008. Thankfully, we have the same person on staff who undertook that project in 2009. He led that project pretty much single-handedly. Thankfully, he's still with us now. I noti

October 24th, 2016Committee meeting

Jason Jacques

Transport committee  The only other thing I would add to what Mostafa and Peter mentioned is that when it comes to the Infrastructure Canada programs, the government, within the MOUs it signs with the provincial governments, does have framework language with respect to tracking performance of the inv

February 21st, 2017Committee meeting

Jason Jacques