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→In or Out:
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You would then select "upfront" or "ongoing.“+
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====== '''In or Out:''' ======
====== '''In or Out:''' ======
−An activity the imposes a cost on the selected stakeholder is an "In".
+An activity that imposes a cost on the selected stakeholder is an "IN".
−If a regulatory proposal is removing the requirement to perform an activity, then it is counted as an "Out".
+If a regulatory proposal is removing the requirement to perform an activity, then it is counted as an "OUT". Likewise, if the Calculator is being used for a complete cost benefit analysis, then Benefits would be considered an "OUT".
−'''Upfront or Ongoing'''
−•Upfront costs are incurred immediately at the start of the period and are discounted at the beginning of the analysis.
+•Upfront activities occur one time per affected stakeholder. The impacts are assumed to occur at the start of each period. Example: affected stakeholders must spend $100 on a piece of equipment (one time only). Important point: although upfront costs only occur one time per affected stakeholder, that does not mean that they only appear in one year of the analysis. If there is a positive stakeholder growth rate, that means new businesses are entering the market over time, and they incur the upfront costs too. Example: if you have a stakeholder growth rate the see new entrants every year, there would be upfront cost appearing in every year throughout the analytical period.
−•Ongoing costs are subject to periodic discounting.
+•Ongoing activities can occur multiple times per affected stakeholder. Impacts are assumed to occur at the end of each period. Example: affected stakeholders must submit a report to the government 3 times per year (3 * 10 = 30 times over a 10-year period).
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+ONGOING: activities happen multiple times per stakeholder, on a recurring basis at some specific frequency throughout the analytical period. These impacts are assumed to occur at the end of each period. An example of an ongoing activity is stakeholders submitting a report to the government 3 times per year (and 3 times per year over 10 years means this activity would happen 30 times).
Following that, you would select the start year, choosing any year on or after the registration period.
Following that, you would select the start year, choosing any year on or after the registration period.
−Similarly, you would select an end year, which can be any year after the start year or the end of the period. For activities that only occur in one year, you would select the same year as the start and end. This is different from the previous versions.
Similarly, you would select an end year, which can be any year after the start year or the end of the period. For activities that only occur in one year, you would select the same year as the start and end. This is different from the previous versions.
