Press Release Department: Federal - Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Applying the Canada Recovery Dividend to Fossil Fuel Companies. The report is available online. Call 613-992-8026.

The Parliamentary Budget Officer posted a new legislative costing note entitled Digital Services Tax. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new legislative costing note entitled Extension of repayment deadline and interest-free period for CEBA loans. The report is available online. Call 613-992-8026.

The Parliamentary Budget Officer posted a new report entitled Economic and Fiscal Outlook – October 2023. This report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings. “Following the contraction in real GDP in the second quarter, we project the Canadian economy to stagnate in the second half … Read more

Parliamentary Budget Officer Yves Giroux released his estimate of the cost to the public sector for a single-payer universal drug plan over a five-year period effective Jan.1, 2024, in response to Parliamentarians’ interest in implementing a pharmacare plan. The report, Cost Estimate of a Single-payer Universal Drug Plan, is an update of the first estimate, Federal Cost of a National … Read more

The Parliamentary Budget Officer posted a new legislative costing note entitled Investment tax credit for clean technology manufacturing. The report is available online. Call 613-992-8026.

The Parliamentary Budget Officer posted a new report entitled A Force Structure Model of Canada’s Military – Costs and Personnel. This report details the development of a framework to address the costs of military capabilities and the potential trade-offs implied should a government policy require the adjustment of the Canadian Armed Forces structure. The report is … Read more

The Parliamentary Budget Officer posted a new report entitled Overview of the Government’s Digital Service Transformation. This report is in response to a request by Senator Colin Deacon to estimate the financial cost of Motion No. 107 – That the Senate call on the Government of Canada to replace its outdated program delivery and information technology … Read more

The Parliamentary Budget Officer (PBO) posted a new report entitled Break-even Analysis of Production Subsidies for Stellantis-LGES and Volkswagen. “We estimate that federal and provincial government tax revenues generated from the Stellantis-LGES and Volkswagen EV battery manufacturing plants over the period 2024 to 2043 will be equal to the total amount of production subsidies,” says PBO … Read more

The Parliamentary Budget Officer posted a new report entitled Changes to the Alternative Minimum Tax as Proposed in Budget 2023. The report is available online. Call 613-992-8026.

The Parliamentary Budget Officer posted a new report entitled Creative Export Strategy – A Budgetary Analysis. The report is available online. Call 613-992-8026.