Finance committee  I don't have the data with me. This is something we can probably try to assess

Finance committee  The figures of the Parliamentary Budget Officer differ from ours by about 10%. If I am not mistaken, he uses the Social Policy Simulation Database and Model. It is a model that is available at Statistics Canada and which is probably not as precise as the administrative base used

Finance committee  Yes.

Finance committee  I can't really comment on that. We have no point of comparison up to 2080.

Finance committee  The multiplier used by Finance for this type of tax reduction is about 0.2 over the short term and 0.6 over the long term. Compared with other multipliers, it's relatively smaller. The net amount of benefits, which is about $1.4 billion, provided through that tax cut using that m

Finance committee  By using for analysis that 0.4, we are capturing the possibility of taxpayers using different strategies to try to avoid or delay their tax liabilities. There are very simple and common ways to do it. For instance, if you're a small business owner, you can retain a bit more of

Finance committee  Yes. In fact, we mentioned that in 2009, when the government created the TFSA, we were talking about a cost, in current dollars, of $3 billion over 20 years. I could let you know what this means in terms of the GDP. That is how we present it. However, I don't want to give you any

Finance committee  I do not have the thresholds for the GST in detail. It also depends on the family situation, of course.

Finance committee  We can also provide that information.

Finance committee  You would have to ask me a more specific question on one of the aspects of the report.

Finance committee  The methodology to arrive at which—

Finance committee  Are you talking about the report the Parliamentary Budget Officer produced concerning the cost of the tax reduction for the middle class?

Finance committee  It's a tough question. It's a question that has been looked at somewhat in literature. What we know for sure is that as your income goes up, you are more sensitive to a tax rate change. Clearly that's what studies are telling you. The second thing is that we know the reaction

Finance committee  I know of about 20 out of 34 OECD countries that raised their top tax rates in 2009, so there is a bit of a global movement. I have a list of countries. They are well-known countries.

Finance committee  We are roughly in the middle. I don't think we are exactly in the middle. Sorry, I don't have the average OECD rate. That's something else we can provide.