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Finance committee  We would not comment on whether a plan from the government or any other party works or not. We can provide an assessment of what the results are from those measures. Certainly some of the things you just mentioned are facts. Obviously the measures that have been taken by the gov

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  I think we have seen one example of that in terms of one major company moving their headquarters here and that definitely has some positive impact on the job market. But whether or not the tax is the only reason they have done that I can't really say as I don't really know what e

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  Certainly. It all depends on what your perspective and fiscal anchor is. If the fiscal anchor is over the medium term and the objective is not to have deficits over the medium term then the room is very limited. As we showed, after the measures introduced last week actually the

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  Exactly. That's why we have calculated this in table 3 that we provided today. At the bottom of table 3 is what we call permanent fiscal policy room.

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  It is negative now. After last week's measures that were introduced, based on our calculations, that room is negative over the medium term.

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  No. We've not seen any analysis from the government on the job impact of this.

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  Well, I understand that is coming from CFIB, and—

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  We have seen some analysis from CFIB. The way it has calculated those job numbers is not the way that the job impact of a policy measure is normally calculated. It is talking about a job-year or person-year impact over a long period of time, which I believe is a 10-year period.

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  Well, yes, in fact. The way that the credit was done, it was only over a two-year period, so whatever the number of jobs we estimated, obviously the cost divided by that will be the cost per....

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  We have not seen any official comment.

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  What we are forecasting for the economy is that, over the last three or four years of the projection period, the economy will be operating above its potential level. We close the outward gap in 2015 and then for the rest of the projection period the economy will be operating abov

November 3rd, 2014Committee meeting

Mostafa Askari

Finance committee  Sure. There are two or three factors here. One is what we call the cyclical factor, which is that once you're above potential, you get some extra revenues because the economy is operating above its normal trend. That part we call cyclical revenues. Those are not permanent; they'r

November 3rd, 2014Committee meeting

Mostafa Askari

Human Resources committee  We are probably a bit biased because our business relies on information and data. Obviously, the more that is available, the better it is for us to do our job, and therefore, for parliamentarians. Certainly, Statistics Canada has gone through budget cuts as have many other depar

June 5th, 2014Committee meeting

Mostafa Askari

June 5th, 2014Committee meeting

Mostafa Askari

Human Resources committee  The data we normally use has to be official data because we have to make sure we are using reliable data that has the necessary characteristics. If that kind of information from different industry groups and employers' associations is not official data then we don't normally use

June 5th, 2014Committee meeting

Mostafa Askari