Environment committee  It was done by Environment Canada's quantitative group, using the 2020 model, which is an engineering-based model that looks at the types of investment and other production adjustments that are required to achieve these emissions reductions. Those impacts were then fed into wha

Environment committee  It was a combination of the two, but I'll let Benoit speak to that more directly.

Environment committee  How much federal money? Well, under their plan, some federal money has already been allocated, for example in the 2007 budget, the ecoTrust.

Environment committee  The other dimension of the plan, of course, is the regulatory requirements that will be placed on the transportation sector. In principle, those do not cost any federal money to the extent that they're regulatory requirements that would be placed largely on the automotive sector.

Environment committee  Why don't I answer that question? We reviewed the Environment Canada results and provided feedback on the results. We do not undertake our own separate econometric analysis of their results, but we're satisfied they were generally reasonable with the caveats that the department i

Environment committee  We had a review of the model runs that Environment Canada carried out, yes.

Environment committee  They're reasonable. They're in the ballpark. That's a major change that we're talking about of 35%, a roughly one-third reduction in emissions over about three years, and we believe it would have a major impact on output and employment in the short term.

Environment committee  I'll let Monsieur Robidoux answer that.

Environment committee  We did not conduct that analysis; we reviewed it. We have reasonably extensive expertise with econometric models and have conducted analyses previously, in the late 1990s, with what were termed general equilibrium models. And given the extent of the shock, that would appear to us

Finance committee  I'll begin with the $9.2 billion surplus projected for the year that just ended, 2006-07. That's up from the fall update, but from a number that was $8 billion in the fall update. Now, the fall update number didn't include the full extent of the budget numbers, so if you added th

Finance committee  That's correct. That reflects a couple of things. First of all, there is a rapid growth in personal income tax collections, which are growing roughly twice as fast as the underlying tax base. That is something we have been looking at and discussing for some time. We have made som