Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Planned Capital Spending Under Strong, Secure, Engaged – Canada’s Defence Policy: 2022 Update. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer released a report entitled The Government’s Expenditure Plan and Main Estimates for 2022-23. This report examines the federal government’s Expenditure Plan and Main Estimates for 2022-23, which supports the first two appropriation bills that seek Parliament’s approval of $190.3 billion in budgetary authorities. The report is available online. Call 613-992-8026.

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. “Inflation as measured by year-over-year changes in the Consumer Price Index (CPI), is projected to remain above its 2 per cent target through 2022. However, as supply constraints … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) released his House Price Assessment. The report provides an assessment of house prices relative to a household’s capacity to borrow and pay for the purchase of a house in selected Canadian cities. “Just prior to the pandemic, the average house price in Canada at the end of 2019 was $565,800—an increase of … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) posted 2 new PBO legislative costing notes entitled Temporarily Expanding Eligibility for the Local Lockdown Program and Canada Worker Lockdown Benefit under Expanded Eligibility. The reports are available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer (PBO) released a report entitled Cost Estimate of the Federal National Child Care Plan, which estimated the cost of the provincial and territorial aspects of the federal national child care plan announced in Budget 2021. “The gross cost required to meet demand would be $28.3 billion, $1.1 billion more than the $27.2 billion outlined … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new legislative costing note entitled Small Business Air Quality Improvement Tax Credit. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted three new legislative costing notes entitled Underused Housing Tax Act, Enhancing the Eligible Educator School Supply Tax Credit and Canada Recovery Hiring Program as extended by Bill C-2. The notes are available online. Call  613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Estimated Cost of Cleaning Canada’s Orphan Oil and Gas Wells, which provides an independent estimate of the cost of cleaning Canada’s orphan oil and gas wells. The wells are mainly located in Alberta and Saskatchewan. Plugging wells protects underground and surface waters and avoids greenhouse gas emissions. “As … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Economic and Fiscal Update 2021: Issues for Parliamentarians. The report highlights key issues arising from the Government’s Update published on Dec. 14, 2021. “The delay in the Government’s release of its audited financial statements has undermined parliamentarians’ ability to meaningfully scrutinize proposed Government spending,” says PBO Yves Giroux. The report is available … Read more