The Parliamentary Budget Officer posted a new PBO report entitled Federal Program Spending on Housing Affordability in 2021. This report is intended to help parliamentarians understand federal program spending on housing affordability. It provides an update on our 2019 report, Federal Program Spending on Housing Affordability in response to questions raised by parliamentarians.The report is available online. … Read more
The Parliamentary Budget Officer posted a new legislative costing note entitled Tax Credit for Recent Graduates Working in a Designated Region (Bill C-295). The report is available online. Call 613-992-8026.
The Parliamentary Budget Officer posted a new PBO report entitled Cost Estimate for Motion 77: Improvements to Long-Term Care. This report estimates the cost of implementing House of Commons Motion 77, which proposes several financially significant changes to long-term care for seniors. This report was prepared at the request of Liberal MP Paul Manly (Nanaimo-Ladysmith, B.C.). … Read more
The Parliamentary Budget Officer posted a new legislative costing note entitled Immediate Expensing for Canadian-Controlled Private Corporations. The report is available online. Call 613-992-8026.
The Parliamentary Budget Officer posted a new PBO report entitled Revenue Estimates of M-68: One-time Tax on Extreme Wealth. This report is in response to a request by Liberal MP Nathaniel Erskine-Smith (Beaches–East York, Ont.) to estimate the revenues from implementing a one-time tax on extreme wealth outlined in Motion M-68 placed on notice on February … Read more
The Parliamentary Budget Officer posted a new legislative costing note entitled Extending the temporary enhancements to the Work-Sharing program for employers and employees affected by COVID-19. The report is available online. Call 613-992-8026.
The Parliamentary Budget Officer released his assessment of the long-term sustainability of government finances. The assessment reflects all measures in recent federal and provincial-territorial budgets. The PBO’s Fiscal Sustainability Report 2021 finds that current fiscal policy, if maintained over the next 75 years, is not sustainable over the long term for the government sector as a whole. Increasing … Read more
The Parliamentary Budget Officer released his estimate, under various scenarios, of the cost of firearm compensation as part of the Government’s proposed firearm buy-back program. In his report, Cost Estimate of the Firearm Buy-Back Program, the PBO applied sensitivity analysis by varying take-up rates across two potential pricing structures – a tiered model where compensation is based on … Read more
The Parliamentary Budget Officer posted three new legislative costing notes online. Increasing Old Age Security for Canadians 75 and Over Interest-free Loans for Home Retrofits Update: Bill C-206 – Extension of the exemption for qualifying farming fuel to marketable natural gas and propane The notes are available online. Call 613-992-8026. The Parliamentary Budget Officer posted a … Read more
Parliamentary Budget Officer Yves Giroux posted two new legislative costing notes: “Temporarily Waiving the One-week Waiting Period for Employment Insurance Claims,” and “Maintaining Flexible and Uniform Access to Regular, Fishing, and Special EI Benefits Across All Regions.” The notes are available online. Call 613-222-8516.
