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Finance committee Certainly. Yves is absolutely right that a very important part of the reason that Finance Canada's projected deficit is coming in lower in 2020-21, prior to measures, is the story on income taxes. The economy is doing better than they had previously forecast and that leads to hig
April 27th, 2021Committee meeting
Trevor Shaw
Finance committee I believe in the final year, the total budget actions since the fall statement and budget 2021 were categorized at $16.1 billion.
April 27th, 2021Committee meeting
Trevor Shaw
Finance committee I don't have anything to add on this issue.
April 27th, 2021Committee meeting
Trevor Shaw
Government Operations committee It's a very interesting question. As you know, Canada is somewhat exceptional in the sense that we don't have a formalized fiscal rule in law at the federal level, whereas lots of European countries and other advanced economies do have these more formalized rules. As Mr. Giroux
January 27th, 2021Committee meeting
Trevor Shaw
Government Operations committee Typically, our reports generally stay away from qualitative descriptions of groups. If you were looking for information on recipients of the wage subsidy or the rent subsidy, we would group our data by revenue to give them in tertiles.
January 27th, 2021Committee meeting
Trevor Shaw
Government Operations committee In September, the Office of the Parliamentary Budget Officer published forecasts of the government's monthly revenues. According to most of the data we have gathered to this point, the government's monthly revenues basically match the forecasts in our office, regardless of the tr
January 27th, 2021Committee meeting
Trevor Shaw
Government Operations committee I believe the interest rate on that program is close to the government's own borrowing costs of close to the prime rate of interest.
January 27th, 2021Committee meeting
Trevor Shaw
Government Operations committee No, it's not about specific areas or programs in this department. Unfortunately, I don't have any further details to add at this time.
January 27th, 2021Committee meeting
Trevor Shaw