Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) released his Economic and Fiscal Outlook. The report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings. “Following a stronger-than-expected performance in the second half of last year, we project the Canadian economy to effectively stagnate over the course of this year. We … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Supplementary Estimates (C) 2022-23. This report presents a detailed analysis of the Government’s third Supplementary Estimates for the 2022-23 fiscal year, which outlines $10.3 billion in new spending. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Corporate loss utilization. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer (PBO) released a new report entitled Federal Program Spending on Housing in 2022. The report estimates that the federal government has committed over $89 billion to fund the National Housing Strategy (NHS) over the period … Read more

Parliamentary Budget Officer

he Parliamentary Budget Officer posted a new legislative costing note entitled Cost Estimate for the Multigenerational Home Renovation Tax Credit. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Deduction of Travel Expenses for Tradespersons. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Supplementary Estimates (B) 2022-23. This report presents a detailed analysis of the Government’s second Supplementary Estimates for the 2022-23 fiscal year, which outlines $25.8 billion in new spending. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Fall Economic Statement 2022: Issues for Parliamentarians. To assist parliamentarians in their budgetary deliberations, this report highlights key issues arising from the 2022 Fall Economic Statement. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Risk Scenario Analysis – November 2022. This report provides a risk scenario analysis to help parliamentarians gauge potential economic and fiscal implications of central banks over-tightening monetary policy. The scenario is not a most-likely forecast. It is an illustrative scenario of one possible outcome. The report is … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) released his assessment of the long-term impact on the Canadian economy of changing weather patterns due to climate change. In his report, Global greenhouse gas emissions and Canadian GDP, the PBO provides a baseline climate scenario for Canada based on global emissions projections by the International Energy Agency. “Our analysis shows … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Taxation of Vaping Products. The report is available online. Call 613-992-8026.