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Government Operations committee  There wasn't a real issue from my perspective. This is just a bit of speculation, but demand notes are great if you're not really sure whether the money is going to be used: you put it out there, and if you need it, you need it. If you're pretty certain that they're going to requ

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  No, it's actually.... That's an interesting question. Those are payments to two provinces that have agreed to effectively come on board. This represents one-time payments to Saskatchewan and New Brunswick, which are now part of this initiative. They have basically been funded on

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  Yes. Yes, I can. It has nothing to do with Royal LePage. It was, if I recall correctly, the White case. We knew what the amount was in supplementary estimates (A) but it hadn't been quite ratified by the courts yet. That has now been done and it relates to the White case. That

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  The organization is now part of our supplementary estimates (B). In terms of is the organization actually up and running and providing these services yet, I'm not certain.

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  If it drops below $355 U.S., then there's a formula by which the Government of Canada would basically settle up with the provinces. This is just their best estimate at the time. At the current time we're forecasting none, but if the price drops, then....

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  This is an interesting question. I assume that you are talking about the Department of National Defence, correct? Transfers between votes have to be approved by Parliament. This transfer actually relates back to an Auditor General recommendation from about two or three years ag

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  I can give you something. That is the amount we're decreasing the forecast by. The actual interest charge on public debt, from the public accounts in 2013-14, was $28.2 billion in total. That's the total amount of actual expenditure in 2013-14. This change in supplementary est

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  It's $26 billion forecast, versus last year's $28.2 billion.

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  It's related to both long-term and short-term interest rates, but it's largely that long-term interest rates are staying low. You may recall that when the Department of Finance puts together its budget, it bases its interest rate forecasts on a survey of private sector economists

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  Again, this is a decrease. We're actually forecasting that no money will be transferred to the provinces. Initially, Finance was forecasting that $80 million would be transferred under the agreement. Based on the forecast price of lumber, we're now forecasting a decrease of $80 m

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  It's the Halifax class frigate for sure, but I'm not a navy guy, so I apologize that I don't really know much detail.

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  I can speak to some of this. The aircraft in question is the Chinook 147. That's the funding I'm aware of for the aircraft. In terms of the armoured vehicles, I'm not aware of which class is involved, but I believe they're personnel carriers. I don't have any information on what

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  That's an excellent question. I would say a couple of things on contaminated sites. The size of the liability, which the member has mentioned, is important. Understand that when we look at public accounts—and we do have to compare these two numbers—when we get a sense of the envi

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  No, there is a mix. Some is going to assessment and some is going to cleanup. It's both, but I did want to highlight that some does go to assessment.

November 20th, 2014Committee meeting

Bill Matthews

Government Operations committee  I think about 15% to 20% is the norm.

November 20th, 2014Committee meeting

Bill Matthews