Finance committee  Yes. All the policy announcements that were included in the fall economic statement have been included in our overall revenue and expense projection.

Finance committee  Not only is it the current unemployment rate and eligibility of unemployed people for EI benefits, but we also need to forecast this into the future because of the seven-year break-even rate. Based on our economic projections, if the unemployment rate is set to decrease this is g

Finance committee  Our benefits projection is mostly a function of our forecasts for the rate of unemployment and eligibility. If program rules change so that unemployed persons are eligible for benefits where they might not have been in the past, it's going to increase the ratio of EI beneficiarie

Finance committee  Just off the top of my head, the EI premium rate was higher than $1.88 in the past. In previous years, it had been in excess of $2. I could get you the historical series.

Finance committee  Yes.

Finance committee  Yes. It's corporate income tax.

Finance committee  Yes, exactly.

Finance committee  A major reason our corporate income tax profile is, let's say, flatter as a share of GDP compared with personal income tax has to do with the fact that the proxy we use for the corporate income tax base is corporate profits before tax in the system of national accounts, and this

Finance committee  I don't know off the top of my head but certainly that's data I can get for you.

Finance committee  First, for the 2017-18 fiscal year, the major difference between our view and Finance Canada's was in our view on corporate income tax. We think that corporate income tax revenues will be lower than Finance Canada viewed them as being as part of the fall update. That explains muc

Finance committee  That's correct.

Finance committee  My understanding of this is that dividends are a form of income to an individual, much as labour income would be, and that ultimately the owners of all corporate income are individuals themselves. Income is taxed either at the personal level or at the corporate level, and it's th

Finance committee  The OECD, the IMF—these international bodies—have comparable statistics on taxation. I'll send the committee this data.

Finance committee  I'd like to point out that the biggest difference between our point of view for the budget balance in 2018-19—so the current fiscal year—and the figures published in budget 2018 is that line in operating and capital expenses. This report marks the first time that our office has a

Finance committee  That's a very good point. I should add that this occurs with some delay. Because of the way accounting losses or revisions occur, accounting adjustments for the prior fiscal year will be recognized this year, but they'll start to accrue as expenses in future years. They're amorti