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Government Operations committee  Much less data is available on a quarterly basis. By industry, we have limited details on goods and services—and the investment counts as a good. What we can give you is based on historical data. So our model is based on inputs and outputs for 2005. We assume that the structure o

February 10th, 2009Committee meeting

Michel Girard

Government Operations committee  If I understand correctly, you are asking us if we have already conducted impact studies. We have not because we have not yet been asked to. I go back to what was said a little earlier. We have a model that can give us an idea of what the impact will be. So, in construction, we

February 10th, 2009Committee meeting

Michel Girard

Government Operations committee  No, that is not what I am saying. When a type of investment has been chosen, we can calculate its effects. We are not trying to say where investments should be made. We are merely describing the impact of any investment on such and such an industry or such and such a part of the

February 10th, 2009Committee meeting

Michel Girard

Government Operations committee  We don't have imports by industry, but in our model we assume that the imports go to the industry in the proportion of the inputs that they require to produce a certain amount of product. So there's an assumption made in the model about that.

February 10th, 2009Committee meeting

Michel Girard

Government Operations committee  There are three types of impacts you can calculate from a model. There is a direct impact: if I increase the production of a certain good, and I need a certain amount of input to construct that product. That's the first impact. We can measure that impact in terms of GDP and in te

February 10th, 2009Committee meeting

Michel Girard