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Government Operations committee It's difficult to answer that directly, because I think we'd actually seriously have to consider what machinery changes we're talking about. I know that the President of the Treasury Board will bring forward options to potentially delay the tabling of the main estimates, which
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee It's difficult to say. Again, it depends on the machinery change we're talking about. I think the system is nimble enough to start to establish more discipline up front so that when new programs and initiatives are brought into the budget process, they have some sort of substan
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee The ultimate coherence is the benefit or the ability to table a budget document and an estimate document that are inclusive and linked. Obviously the theory is that we table a budget at the beginning of February, that we table interim supply, and that we roll any new budget item
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee Simply stated, there would have to be much greater collaboration. This gets into the spirit of the answer I was trying to formulate for Mr. Godin. There would have to be a whole different kind of psyche for the entire government machinery in terms of what comes into the budget pr
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee May I just add one comment, though, on supplementary estimates, just as the committee frames its recommendations and considerations? I know you're talking to the Government of Ontario later this afternoon as well. We do have multiple supplementary estimates in the federal govern
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee Frankly, our colleagues from the United Kingdom are bang on. We're struggling with how to make these estimates useful, which is the purpose of this discussion. Although public sector accounting standards are different from IFRS, there is this accrual basis as to how we present
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee I am supremely apologetic. I'm always available to this committee. However, I do have a child pickup. I will come back at any moment to continue to testify and answer questions from this committee, but I do apologize.
June 14th, 2016Committee meeting
Nicholas Leswick
Government Operations committee My wife is travelling. I apologize.
June 14th, 2016Committee meeting
Nicholas Leswick
Finance committee Thank you very much for the question, Mr. Chair. In the department, we use general equilibrium modelling techniques. In short, they fully characterize the relationships between firms and households in the economy. They look at firms from the perspective of input and output—meani
September 19th, 2016Committee meeting
Nicholas Leswick
Finance committee Thank you for the question. I want to assure the committee that we did do our due diligence in trying to model the impacts, and as I described to the other member, we do this from an economy-wide, enterprise-wide perspective in trying to understand both the behaviour of firms—not
September 19th, 2016Committee meeting
Nicholas Leswick
Finance committee Again, I'm not trying to be dismissive, but we're talking about a $1 billion short-term output impact on a $2.4 trillion economy. If you put a 0.05% impact on output against the sum total of budget 2016 measures, which contributed to 0.5% of GDP growth, in comparative terms, in r
September 19th, 2016Committee meeting
Nicholas Leswick
Finance committee It's difficult for me to answer. We worked collaboratively with the provinces throughout this process. I can't say specifically whether we would have or would not have used any information, but let me go with “no”. While it was a collaborative process, this was analysis that was
September 19th, 2016Committee meeting
Nicholas Leswick
Finance committee May I just consult with a colleague behind me so I can accurately answer the question?
September 19th, 2016Committee meeting
Nicholas Leswick
Finance committee Thank you. It's a model specific to this measure. It doesn't take into consideration the broader suite of other programs that might be more dynamic.
September 19th, 2016Committee meeting
Nicholas Leswick
Finance committee If I understand the question clearly, as we laid out in the backgrounder and as the minister mentioned, our analysis looks at Canadian households and their asset/liability profile through the survey of financial security. We take that financial profile and then evaluate what an i
September 19th, 2016Committee meeting
Nicholas Leswick