Government Operations committee  I had a question about what would happen if we used other multipliers for the jobs impact. What I could say right now, in fact, is if we would have used the CBO multipliers in the U.S. or the Council of Economic Advisers, what they assume is a multiplier of 0.75 between output an

Government Operations committee  There are jobs that will be maintained or created by the end of 2010. This is using what was assumed to be spent in 2009-10. We came to the conclusion that we would have 220,000 more jobs at the end of 2010 than otherwise. Are they created? Are they maintained? In some cases the

Government Operations committee  No, there is nothing to do between the numbers and jobs maintained or created. The estimate we have is for the two together. We couldn't make the difference between how much will be created and how much will be maintained. So it's not the source of your puzzle. There are two sou

Government Operations committee  I can answer this. First, we got their output multipliers and their multipliers from output to jobs. I think we'll have to check with them first that they...they gave us their multipliers through the budget process. They never see the final result and the stimulus. I think we

Government Operations committee  Approximately $16 billion.

Government Operations committee  That is a good question. I do not have the employment figures with me.

Government Operations committee  To be honest, I'm not really sure where you are going with this.

Government Operations committee  However, that is a qualified answer.

Government Operations committee  Precisely. One per cent of the GDP is equivalent to $16 billion. So then, when the GDP increases by $16 billion, employment rises by 0.6%. The employment base seems to be $16.8 million. So then, if someone wants to calculate 0.6% of $16 million, they will come up with a figure t

Government Operations committee  One of the reasons why the growth in output precedes the growth in employment is that in our model, there is a time lag between the two. The impact of the 0.6 % increase is seen anywhere from four to six quarters after the increase in output. This is an additional element of caut

Government Operations committee  It is a little difficult to know what's happening with the United States, in so far as the long-term unemployment rate is concerned. There is no real way of knowing how the US economy will recover. As Paul already mentioned, this is the biggest gap between the Canadian and US une

Government Operations committee  The schedule to the estimates shows the impact of the Economic Action Plan as well as the impact of the measures announced at the end of 2007 that came into effect in January 2009. So then, schedule 1 to the Main Estimates lists the impact separately for this year.

Finance committee  It comes to the same thing, because the process in line with the legislation in force. It is an order of Parliament.

Finance committee  Do you mean regarding the process?

Finance committee  There hasn't been, not on the process and not on what he's going to do, no.