Parliamentary Budget Officer Yves Giroux released new report, Fiscal Analysis of Proposed Premium Reduction for Mortgage Insurance, his fiscal analysis of the Government’s proposal to reduce mortgage insurance premiums charged by the Canada Mortgage and Housing Corporation. “We estimate that the 25 per cent decrease in CMHC’s mortgage insurance premiums will result in a net cost of $1.4 billion to the … Read more
Parliamentary Budget Officer Yves Giroux released his fiscal analysis of an independent cost estimate of the Government of Canada’s procurement of two new heavy icebreakers. “We estimate the total cost of the icebreaker project at $7.25 billion, inclusive of project management costs of $346 million, design costs of $820 million, and acquisition costs of $6.1 billion,” said Giroux. … Read more
The Parliamentary Budget Officer (PBO) posted a new report, Estimating the top tail of the family wealth distribution in Canada: updates and trends. ISG Senator Rosa Galvez requested that the PBO update the High-net-worth Family Database for the year 2019 and that the same methodology be applied to previous years in order to study the trends … Read more
The Parliamentary Budget Officer posted a new report entitled Supplementary Estimates (B) 2021-22. This note presents a detailed analysis of the Government’s second Supplementary Estimates for the 2021-22 fiscal year, which seeks Parliament’s approval of $8.7 billion. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new report entitled Energy sector and agriculture: federal revenue … Read more
The Parliamentary Budget Officer (PBO) posted a new report entitled Clean Water for First Nations : Is the Government Spending Enough? This report builds on the PBO’s 2017 report and responds to a request from Senator Renée Dupuis to examine budget sufficiency for First Nations water and wastewater systems on reserve. The report is available online. Call … Read more
The Parliamentary Budget Officer posted a new report entitled Expanded Fiscal Analysis of Federal Pay Equity. During the 43rd Parliament, former Conservative MPs Jag Sahota, Nelly Shin and Alice Wong expressed interest in an update to the PBO report Fiscal Analysis of Federal Pay Equity, particularly in reference to regulations related to the Pay Equity Act posted in the … Read more
The Parliamentary Budget Officer posted a new PBO report entitled Assessing the Insurance Properties of the Fiscal Stabilization Program. This report assesses the insurance properties of the Fiscal Stabilization Program, its recent changes and proposed modifications. The report is available online. Call 613-992-8026.
The Parliamentary Budget Officer posted a new report entitled Bill C-83 and the Cost of Structured Intervention Units. This report provides an updated estimate on Bill C-83 and the cost of implementing structured intervention units in federal correctional institutions. This report was prepared at the request of Senator Kim Pate. The report is available online. Call 613-992-8026.
The Parliamentary Budget Officer posted a new PBO report entitled 2021 Election Proposal Costing Baseline. The report is available online. Contact pbo-dpb@parl.gc.ca. The Parliamentary Budget Officer will be offering election campaign proposal costing services for the 2021 election. The service, available to all recognized parties represented in the House of Commons as well as parties without official … Read more
Parliamentary Budget Officer Yves Giroux posted a new PBO report, Financial Support for Air Canada, intended to help parliamentarians understand the financial support agreement that the Government of Canada entered into with Air Canada on April 12, 2021. The full release is available online. Call 613-992-8026.
