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Finance committee  That's correct.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  That's correct.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Well, we have historical data over the last 10 years where increases in health spending by the provincial, territorial, and local levels were in the neighbourhood of 6% to 7%.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Yes. We've also seen periods in the 1990s—which I think speaks to your point, Mr. Chair, that we've seen rates much lower than that during times of restraint. When we do this projection analysis, the same way, I think, the Department of Finance does it, we create baselines based

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Mr. Chair, I think once we see evidence of real structural change to bring down the spending growth in the provinces, I'm sure the Department of Finance, the PBO, and others who do this fiscal...would definitely be happy to lower the baselines. But at this point in time, we just

October 30th, 2012Committee meeting

Kevin Page

Finance committee  On issues of policy, we just feel way more comfortable saying that it's beyond our mandate. I apologize. We seem to get into enough trouble just trying to work with what we have.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Certainly, from the calculation we have done, most of the fiscal gaps at the territorial, provincial and local levels are a result of the changes made to the escalator for the Canada Health Transfer.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Yes, that is correct. Before the change made by the indexation clause, there was a narrow gap at the provincial, territorial and local levels. That gap will grow because of the indexation clause.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  The analysis we have done to date is limited to looking at old age security in a fiscal sustainability context. I would agree, sir, with your point, that we thought the federal government had a sustainable fiscal structure before the changes to the age eligibility for old age sec

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Certainly, when we take on any project we're very mindful of the other work that is done in the field, including the work that we presented yesterday on the labour market. We read pretty much all the work on the labour market that was done domestically and internationally before

October 30th, 2012Committee meeting

Kevin Page

Finance committee  I can't tell you precisely how it will have an impact, but certainly past chief statisticians and other public servants have echoed these concerns. I'm sure that future PBOs will feel the impact.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Yes, sir. We've used harmonized rates. These are rates that are made available by the OECD, so we've harmonized the rates. You can go to Statistics Canada and get the harmonized rates so we can compare apples to apples with the United States.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  As the report says, at a high level on both a male and a female basis we went into this recession with relatively good employment and unemployment rate numbers. In the report we highlight some of the differences between males and females. We would be hard-pressed to explain why C

October 30th, 2012Committee meeting

Kevin Page

Finance committee  Certainly, for all the females in this room that would be more than apropos. It was really not the objective of the study to provide a policy difference reason for why we are better, but yes, our females are better.

October 30th, 2012Committee meeting

Kevin Page

Finance committee  I'm sorry, I didn't hear what the governor said, but I would agree that employment levels have, as indicated in our report, more than recovered. Actually, I think our report was quite a favourable report on Canada's labour market.

October 30th, 2012Committee meeting

Kevin Page