Finance committee  That seems to be differential treatment for two businesses that are roughly the same size.

Finance committee  If that's not the reason, that certainly will be the effect, because usually you have budget secrecy exactly to avoid these situations. That's usually the reason why budgets are tabled at or after four o'clock: to avoid having impacts on stock markets, for example. It was a bit

Finance committee  Well, it's certain that when you have impacts from the climate on infrastructure that gets damaged or even destroyed, wildfires that disrupt livelihoods or destroy homes, flooding and all these natural disasters, that does have a fiscal impact, because somebody has to pay to repa

Finance committee  Costing disaster relief is certainly something that would be possible. One would need to look at various government departments and, in fact, at various levels of government. The difficulty would probably lie in determining which part of that disaster relief is due to climate ch

Finance committee  The cost of inaction is something that is real and tangible, but what we've been saying is that the cost of inaction would be minimized if everybody else did something and Canada didn't play a part. It's something that needs to be addressed at the global level if it is to have a

Finance committee  We have looked into that since a number of parliamentarians were interested in it. I do not have the numbers with me, unfortunately, because we have produced a number of reports over the years, but Ms. Sourang might recall.

Finance committee  Ms. Sourang usually has a better memory that I do. Unfortunately, neither of us remembers the numbers. We did nonetheless estimate the cost of tax measures for the oil and gas sector to be several billions of dollars. We can forward that information to you.

Finance committee  I would rather not say so as not to mislead you in case the numbers I remember are incorrect.

Finance committee  We will be doing a more thorough analysis of the issues we think might be of interest to parliamentarians. We will publish that report in the coming weeks. For the time being, I would rather not comment any further on the budget.

Finance committee  Yes, as soon as it is completed, we will forward it.

Finance committee  It probably would. The more housing there is, the greater the number of housing units available, and the easier it is to reach affordability. Having a target of 20% off-market housing would probably be an important step in restoring affordability, which is currently at a very low

Finance committee  Suppressed demand is based on demographics, the rate of household formation that we usually expect to see in a normal economy or when the housing market is normal. We compared that with the actual rate of household formation. This is a macro-economic measure that reflects all sup

Finance committee  It's something that is of concern to me, because there can be, as you pointed out, very valid reasons to disclose an aggregate amount without itemizing it, but not disclosing its changes and the items that are financed from this line makes it much more difficult to follow the mon

Finance committee  It's an interesting question as to whether it is the best bet. It's not for me to judge, because that would require me to have an assessment of alternative means for reaching net zero. However, it's certain that providing incentives in the form of tax credits costs less than havi

Finance committee  Yes, for the reasons that you mentioned—the need to mitigate and prepare for disasters and for natural events that will be occurring at a more frequent pace, and probably with more severity, as mentioned by climate scientists—this is expected to have a fiscal impact. Therefore, c