Finance committee  The effective interest rate on that depends. The interest rates that we use when we do these projections are based on the private sector forecast. The short-term rate that was used for that was just below one percentage point, and the 10-year bond yield that we use for that forec

Finance committee  Ten percent would be historically, as you said, very high.

Finance committee  My arithmetic is very poor, but that would be a big number.

Finance committee  Well, as I said, if you went by 10 percentage points, it would be about $20 billion over a five-year period.

Finance committee  Yes, I think the Minister of Finance has been quite clear that having stable and low debt levels is very beneficial to the Canadian economy.

Finance committee  Doug Nevison from the Department of Finance.

Procedure and House Affairs committee  I'll just give a quick response to the question pertaining to corporate asset sales. With regard to the 2008 statement, you're correct; there were some savings or there were revenues booked on that front. However, in light of the global recession and the impact that had on the f