Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Cost Estimate of an Excess Profits Tax. This report estimates the federal corporate income tax revenues that would be generated if an additional 15 percent tax rate was applied to excessive profits earned by big firms in 2020. The report is available online. Call 613-992-8026

Office of the Parliamentary Budget Officer

Te Parliamentary Budget Officer posted a new PBO report entitled Distributional and Fiscal Analysis of a National Guaranteed Basic Income. The full release is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Pre-Budget Outlook, which updates the PBO’s September 2020 Economic and Fiscal Outlook in advance of Budget 2021. “The improved outlook reflects higher commodity prices, a stronger U.S. recovery and the earlier-than-expected arrival of effective vaccines,” says PBO Yves Giroux.  “We project employment to reach its pre-pandemic level by … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer released three new PBO legislative costing notes: Canada Recovery Care Benefit (CRCB)  – 12 week extension Canada Recovery Sickness Benefit (CRSB) – 2 week extension Canada Recovery Benefit (CRB) – Update and increase in the maximum number of weeks available Call 613-992-8026

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO legislative costing note entitled Cost Estimate of Bill C-246: Tuition for Persons with Disabilities. The report is available online. Call 613-992-8026m

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled The Government’s Expenditure Plan and Main Estimates for 2021-22. This report examines the federal government’s Expenditure Plan and Main Estimates for 2021-22, which supports the first two appropriation bills that seek Parliament’s approval of $141.9 billion in budgetary authorities. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Review of PBO Economic and Fiscal Projections. This report provides a qualitative and quantitative analysis of the economic and fiscal projections of the PBO and Finance Canada since 2011. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new PBO report entitled Cost … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer released an updated cost estimate of the Canadian Surface Combatant program. This report was prepared in response to a request from the House of Commons Standing Committee on Government Operations and Estimates. The report, The Cost of Canada’s Surface Combatants: 2021 Update and Options Analysis, examines the cost of the existing CSC program, … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Compensation for the delay and denial of services to First Nations children. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO legislative costing note entitled Strengthening Tax Compliance. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new PBO legislative costing note entitled The collection of GST from foreign-based sellers on the final price of goods sold to Canadian residents from Canadian fulfillment warehouses. The report is available online. … Read more