Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) released an independent assessment of the life cycle cost of the Canadian Surface Combatant (CSC) program. In response to a request by the House of Commons Standing Committee on Government Operations and Estimates, this report presents a cost analysis of the CSC program, including estimates for the development, acquisition, operations and sustainment, and … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Cost estimate of the one-time top-up to the Canada Housing Benefit program. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

Parliamentary Budget Officer Yves Giroux released his Economic and Fiscal Outlook – October 2022. The report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings. “Following a strong performance in the first half, with the tightening of monetary policy, growth in the Canadian economy slowed considerably in the second half of … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Cost Estimate for Bill C-18: Online News Act. This report presents the PBO’s response to the request from a Member of Parliament to provide an independent analysis of the financial cost for implementing Bill C-18, An Act respecting online communication platforms that make news content available to … Read more

Parliamentary Budget Officer

Parliamentary Budget Officer Yves Giroux released a report which examines house prices relative to a household’s capacity to borrow and pay for the purchase of a house in selected Canadian cities. He also posted a legislative costing note, Temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax credit, online. Call 613-240-7019.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Additional Tax on Banks and Life Insurers. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new legislative costing note entitled Canada Recovery Dividend. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled An Act to amend the Employment Insurance Act and the Employment Insurance Regulations (Prince Edward Island). The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Estimate for the entirety of Bill C-221: An act to amend certain Acts in relation to survivor pension benefits. The report is available online. Call 13-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) posted a new report entitled Research and Comparative Analysis of Fisheries and Oceans Canada. This report presents the PBO’s response to a request by the Standing Committee on Fisheries and Oceans to conduct research and a comparative analysis on the Estimates of Fisheries and Oceans Canada. The report is available online. … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) released his assessment of the long-term sustainability of government finances. The assessment reflects all measures in federal, provincial and territorial government budgets in 2022. The PBO’s 2022 Fiscal Sustainability Report finds that current fiscal policy, if maintained over the long term, is sustainable for the government sector as a whole.  “Assuming no major new … Read more