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International Trade committee  I was a candidate for the Progressive Conservative Party in Ottawa Centre in 1993.

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  Sorry? Say that again.

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  It was the Privy Council Office, to answer your question. However, I was a public servant. I wasn't in the PMO, which is partisan. I was in the PCO, which is non-partisan, and I was recruited through the public service procedures.

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  I have it in my papers at home. It's based, if you want a generic, high-level explanation, partly on cost. They estimate the costs of the producers. They meet and they consult with producers and wholesalers. But if you mean do I have the algorithm with me today, the answer is n

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  It probably is.

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  I say “probably” because I don't have the financial statements. I'm a former banker. If I had the financial statements...and those are private, of course.

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  The point I didn't make clear in my opening remarks is I have a very utilitarian view of this. We have roughly a third of our population—the baby boomers—who are going to be retiring in the next ten years. Everyone knows this. Our costs forf health care and pensions are going to

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  I'll be very quick in response. I think if we adopt the European standard, there's no question--I'm not going to fudge it--our drug prices will go up. Of course they will, because they're getting protection for a longer period of time. That's only because, in my view, we were c

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  Sorry. I was just worried about running out of time. If I have your assurance that I'm not going to get truncated, I will slow down. It is also argued that supply management is needed, as farmers, it is argued, are heavily indebted. Yet the StatsCan data of 2010 shows that the

November 22nd, 2011Committee meeting

Prof. Ian Lee

International Trade committee  I'd like to thank you for the opportunity to appear before your very important committee. Before starting, I want to provide a disclosure statement concerning my own personal interests. I think every witness should in fact make such a disclosure statement. First, I do not cons

November 22nd, 2011Committee meeting

Professor Ian Lee