Parliamentary Budget Officer

Parliamentary Budget Officer Yves Giroux posted a new PBO legislative costing note entitled Bill C-206: Extension of the exemption for qualifying farming fuel to marketable natural gas and propane. This Bill amends the Greenhouse Gas Pollution Pricing Act to extend the exemption for qualifying farming fuel to marketable natural gas and propane. The full release is available online. Call 613-992-8044.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO legislative costing note entitled Eliminating the Registered Retirement Income Fund (RRIF) minimum withdrawal amount. The report is available online. Call 613-992-8026..

Parliamentary Budget Officer

The Parliamentary Budget Officer released an update of his assessment of the long-term sustainability of government finances, analyzing the impacts of unprecedent pandemic support spending on public finances in Canada. According to PBO Yves Giroux, the long-term outlook for the government sector as a whole remains sustainable under current fiscal policy—assuming no new permanent programs … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report, Fiscal Analysis of Federal Pay Equity, which provides an analysis of the fiscal impact of increased federal public service employee salaries and benefits resulting from the enactment of the federal Pay Equity Act. “Once the Act is fully in force starting in 2023-24, we estimate the federal government’s ongoing annual … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled Discretionary Mandatory Minimum Penalties for Murder. This report was prepared at the request of Senator Kim Pate. It estimates the impact of a proposed bill in the Senate, S-207, on sentencing for murder and the cost implications of those changes for the Correctional Service of Canada. … Read more

Parliamentary Budget Officer

The Parliamentary Budget Office posted a new PBO report entitled Cost Estimate for Bill C-7 “Medical Assistance in Dying. Bill C-7 aims to expand access to Medical Assistance in Dying (MAID) for patients whose death is not expected in the relative near term. At the request of a Senator, this report presents an independent cost estimate … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO legislative costing note entitled COVID-19:  Employment Insurance Temporary Benefit Enhancements. The full release is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new entitled Estimating the Return of Additional Federal Spending on Business Tax Compliance. The report is available online. Call 613-992-8026 The Parliamentary Budget Officer posted a new report entitled Carbon pricing for the Paris target: Closing the gap with output-based pricing. The report is available online. Call 613-992-8026

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO costing note entitled Tax Free Seniors Benefits. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted four new PBO legislative costing notes: COVID-19- Canada Emergency Response Benefit (CERB) – Four Week Extension COVID-19-Canada Recovery Sickness Benefit (CRSB) COVID-19-Canada Recovery Benefit (CRB) COVID-19-Canada Recovery Caregiver Benefit (CRCB) Call 613-992-8026. In … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new PBO report entitled The Innovation Superclusters Initiative – A Preliminary Analysis. Budget 2017 earmarked $918 million over five years for the Innovation Superclusters Initiative. The federal money will assist with the creation of five “superclusters” across Canada, where the public and private sectors will undertake collaborative research. The … Read more