Finance committee  Let me answer the first question, why would you need supplementary estimates at this point in the fiscal year. The answer is, a number of departments still have planned spending but are not ready to implement it.

Finance committee  Not all of it, no. For example, most of the budgetary measures in the 2007 budget that would apply to the fiscal year 2007-08 would not have been in the main estimates.

Finance committee  They're largely captured in supplementary estimates (A), but adjustments still take place between now and the end of the fiscal year. You may have transfers, for example, one-time transfers for organizations that need to be effected. There could be informational changes to statut

Finance committee  That's a reduction.

Finance committee  That's there, again, for informational purposes. It reflects a revision to public debt charges between the main estimates and the budget. The main estimates were based on a projection for debt charges in the 2006 fall update. Between the 2006 fall update and the budget, we revise

Finance committee  That's part of it. There are also revisions to interest rates over that time period. This is the down revision to the projection in public debt charges for the year 2007-08, between the main estimates and the supplementary estimates.

Finance committee  These are a series of acts related to Bretton Woods that largely govern our relationships with the International Monetary Fund.

Finance committee  No date has been set, but normally, it's towards the very end of the fiscal year.

Finance committee  It is in March, yes.

Environment committee  Does that include analysis of Bill C-30 as amended?

Environment committee  Again, that is not something that we have done. However, you are referring to something that relates more closely to our well-being than to economic costs. There are models that allow for that type of calculation. There are, no doubt, people who would feel that a clean environmen

Environment committee  An econometric model would pick that up implicitly through investment, but unless one had an endogenous growth model that was specifically geared towards measuring that impact, typically models do not have an explicit variable for measuring technological progress.

Environment committee  It would be factored in, as Denis mentioned earlier on, via the impact on investment, because there would be a positive impact on investment.

Environment committee  I'm not aware of consultations with industry; you'd have to check with Environment on that. A key element of models is what's called the elasticity of substitution, or the extent and the ease to which firms can substitute technologies in the face of a change in price, which is es

Environment committee  Yes, that is what we believe.