Finance committee  Since there wouldn't be much cost to individuals, there would be an increase in demand. In other words, people who go without drugs because of their cost would become more willing to take the drugs they need. This would be offset by the economies of scale associated with group p

Finance committee  I was as surprised as you were by the differential treatment and timing of these tax changes. The cigarette tax increase came into effect immediately, because we didn't want people to rush to the convenience store to buy cheaper cigarettes. However, on capital gains, we don't mi

Finance committee  It's totally fair to say that.

Finance committee  There is definitely a cost to doing nothing, but there's also a cost to doing something. It's a difficult conundrum for policy-makers, because, no matter what we do, there's a cost. If we do nothing, there's a cost; if we do something, there's a cost.

Finance committee  It's something that would be very difficult to do. It would require us to make assumptions that would certainly be easy to dispute. It's something that, if the committee decided to ask us to do, we could give it a try, but it would be very, very difficult for us to do. We've do

Finance committee  Of course. As parliamentarians, you are called upon to vote on the main estimates, i.e., budget appropriations. You are being asked to vote on the main estimates during the months of March and April, when the budget itself has not yet been tabled. So you have budget appropriation

Finance committee  This would be a good way for you, as parliamentarians, to have a better idea of the overall plans of each of the departments and agencies and what they're going to do over the course of the year. Mr. Boswell may disagree, but it would require work for these agencies. However, it

Finance committee  The tax on carbon has an impact on everyday prices, especially those that are heavily reliant on fossil fuels, such as transportation and heating. It's something that is hard to disagree with.

Finance committee  I'm not sure what the impact on productivity would be, but in terms of the impact on prices, we would expect to see inflation reduced. The quantum would depend on many factors including the competitive framework, to which Mr. Boswell can probably speak much better than I can. Bu

Finance committee  Yes. When we looked at the direct carbon tax paid by households, the indirect carbon tax paid by households through goods and services they buy, as well as the GST that's levied on that, and we subtracted the carbon rebate, we found that about eight out of 10 households were bett

Finance committee  Sure. We did look at the impact of climate change on Canada's GDP. We also looked at the impact according to some key sectors. We found that changes that have already happened in terms of average precipitation and temperature levels across the country have indeed had a negative i

Finance committee  If I remember correctly, over the next several decades, we expect the GDP to be negatively impacted to the tune of about 5% or 6%, although it's difficult to be absolutely certain that this will, indeed, be the impact because we're projecting economic growth and the impact of cli

Finance committee  In our successive reports where we looked at the distributional impact of carbon pricing, I think we had, in the annexes, a profile by year to take into account the evolving price of the carbon tax or the pricing on pollution. To the best of my knowledge, it is still the case t

Finance committee  I'm sorry, I meant worse off.

Finance committee  I'm sorry, I misspoke. It's a bit like the chair's mistake indicating that Diarra's title is political analysis. I'm sorry.