Finance committee  I'll pull that up, but perhaps you want to ask someone another question in the meantime.

Finance committee  I'm sorry about that. I've had this written down so many times and we've started our work on the budget process, so I didn't want to be referring to anything that was out of date. On the federal debt, again, you might recall that in the fall economic statement we showed some sce

Finance committee  Earlier there was a question on the overall impact of all of the measures. The answer I gave looked at them all as an aggregate. Others on the line would maybe have more to say about the specifics of the CEWS program vis-à-vis the others, but those are the kinds of things we're

Finance committee  Maybe I can just answer that. At a very high level, I think it's quite intuitive. You're right that there are accumulated savings there. A lot of that would be due to the inability to spend on certain things that we would be able to spend more on normally. We would expect that i

Finance committee  Personal household debt rising has been a concern for a number of years. There has been a reversal over this period, for the reasons you've outlined. Reducing that and deleveraging is obviously a good thing for the economy and for the stability of individual households.

Finance committee  Certainly with interest rates being at an all-time low and starting out entering this period with a very strong fiscal position, the feeling is that, yes, we're in a position to do that. Obviously we want to promote economic growth and get back to a situation where we're not spe

Finance committee  I think my colleague Soren Halverson might be able to answer that question.

Finance committee  I'll just note that there are some differences in the way programs work in other countries. Our unemployment rate did go up a lot higher—so did the Americans', for that matter—as a result of the COVID pandemic and the economic crisis. In part, that's just a reflection of the way

Finance committee  I would just say that you do have to be careful about that. We would say overall that our response has been quite generous, but not wildly more generous than a lot of other countries. There has been somewhat more direct support than liquidity support, which makes it a little bit

Finance committee  That's fine. I would say that you really have to be quite careful. I wouldn't compare levels of unemployment at a given time against fiscal costs and draw conclusions from that.

Finance committee  Our economic recovery has been quite strong and our employment recovery is much stronger, for example, than the U.S. recovery. I think that tells something—

Finance committee  I think I'll stop. I don't think we'll necessarily come to a consensus on how to view this. I think, obviously, different people, different economists, would draw different conclusions, but I think our broad conclusion is that this plan has been very effective at stabilizing emp

Finance committee  Yes, there are some differences in the way we define unemployment, but our rates are generally higher than the United States.

Finance committee  I don't have all these at my disposal. I do have a chart. I'll find it and provide it.

Finance committee  I'm not quite sure what to say.