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Government Operations committee In principle, if it accounts for defence spending, it would be included in here. If it's a loan, I don't think that would be included.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee It would be included, yes.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee Yes, that's correct. With respect to our projections, the major parts of that cost estimate come in mostly at the end of this five-year window, so it doesn't have a huge effect.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee We actually didn't have.... We requested information from Fisheries and Oceans. They didn't provide us with a breakdown of what was in that $1.3 billion estimate at the start. Our exercise was to come up with an independent cost estimate with the project for where it was now, rat
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee It's a very good question. I would think it's best directed to the ministry in question. I have not worked directly with the CIF, the capital investment fund. Thank you.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee These inflation rates were from the “Economic and Fiscal Outlook—March 2022”. As for the exact figures, I don't have those in front of me.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee It is, more or less. Without having the data that this committee just passed a motion for us to retrieve, it's hard to break down exactly what makes up that difference. I should also point out that the change that occurred in 2017 was something that was done at National Defence
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee It's difficult to say. There are elements of transfers from our government to other organizations that are counted, but we don't have a breakdown of that.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee It uses Statistics Canada data.
June 21st, 2022Committee meeting
Christopher Penney
June 21st, 2022Committee meeting
Christopher Penney
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee Yes, absolutely.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee Operating costs are included.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee Yes, it should be straightforward.
June 21st, 2022Committee meeting
Christopher Penney
Government Operations committee It's difficult to know beforehand what the impact of this economy-wide inflation regime we've now entered would be on defence-specific inflation. Thus far, we've assumed that the defence-specific inflation would increase along with the economy-wide inflation, not as a function of
June 21st, 2022Committee meeting
Christopher Penney