Economic and Fiscal Policy Branch
Economic and Fiscal Policy
Assistant Deputy Minister: Nick Leswick
Associate Assistant Deputy Minister: Alison McDermott
Economic Studies and Policy Analysis Division
- Director General: Claude Lavoie
Economic Analysis and Forecasting Division
- Director General: Julie Turcotte
Fiscal Policy Division
- Director General: Brad Recker
Staff of approximately – 75
Majority are economists (MA/Ph.D.)
Branch Structure
Fiscal Policy
- Revenue and expense forecasting
- Fiscal strategy
- Coordination of the budget process
Economic Forecasting
- Analysis of current economic developments
- Forecasts of the Canadian and U.S. economy
- Liaison with private sector economists (i.e., "private sector survey")
Economic Policy Analysis
- Applied economic research
- Ad-hoc ministerial advisory councils (e.g., Advisory Council on Economic Growth)
- Medium-term policy analysis
Hot Topics
- Finalizing 2018-19 financial results
- Managing off-cycle pressures and new funding decisions
- Monitoring Canadian and global economic developments
- Impacts of U.S. trade policy
- Global oil price benchmarks
- Monetary policy stance
Annex: Economic Studies and Policy Analysis Division – Examples of Work
- Scenario analysis on the impacts of NAFTA withdrawal
- Potential impacts and policy implications of disruptive technologies
- Trends and drivers of the gender income gap
- Performance of EI and progressive income taxes as automatic stabilizers
- Trends in technological diffusion across firms
- Link between competition and productivity, with a focus on air transport/financial services
- Costing of a national approach to pharmacare
- Wealth accumulation and inequality across and within cohorts
- Mortgage lending behavior of Canada's large financial institutions
- Impact of innovation programs on firm performance