Parliamentary Budget Officer Yves Giroux has posted a new report entitled ‘Closing the Gap: Carbon pricing for the Paris Target.’ The report provides an estimate of the $52 additional carbon price that would be needed to achieve Canada’s greenhouse gas emissions target in 2030 under the Paris Agreement, as well as an estimate of the corresponding … Read more
The Parliamentary Budget Officer posted a new report entitled Analysis of Active versus Passive Management of Canadian Public Pension Plans. The purpose of the report is to provide analysis on the performance of actively managed federal public pension funds, specifically the funds managed by the Canada Pension Plan Investment Board and the Public Sector Pension Investment … Read more
Parliamentary Budget Officer Yves Giroux released a new report, “Cost Estimate of the Removal of GST from Residential Energy Use” providing an estimate of the removal of GST from home energy bills following Motion M-230, that the government should remove the Goods and Services Tax from home energy bills. The full release is available online. Call 613-992-8026.
The Parliamentary Budget Officer released his estimate of the cost to replace the federal government’s Phoenix pay system. The report Costs Associated with Replacing the Federal Pay System, considers the costs to procure and implement a new payroll processing system for federal public servants, and the projected operating costs for 10 years. It does not include … Read more
The Parliamentary Budget Officer announced the launch of a new service designed to enable Canadian voters to make informed choices when they go to the ballot box this fall. Starting in June, political parties will be able to submit requests to the PBO for independent cost estimates of any campaign proposal they are considering making. “Independent … Read more
The Parliamentary Budget Officer posted a new report entitled Economic and Fiscal Outlook – April 2019. Consistent with the Parliamentary Budget Officer’s legislated mandate, this report provides PBO’s economic and fiscal outlook. The full release is available online. Call 613-992-8026. The Parliamentary Budget Officer today released his latest economic and fiscal outlook. According to PBO Yves … Read more
The Parliamentary Budget Officer posted a new report entitled The Government’s Expenditure Plan and Main Estimates for 2019-20. This note examines the federal government’s Expenditure Plan and Main Estimates for 2019-20, which supports the second appropriation bill that will seek Parliament’s approval of $125.7 billion. The full report is available online. Call 613-992-8026
The Parliamentary Budget Officer published two new reports. Fiscal and Distributional Analysis of the Federal Carbon Pricing System provides an independent estimate of the revenues that will be generated under the federal pollution pricing system. Cost Estimate for Implementing Structured Intervention Units as set out in Bill C-83 and Related Proposals is in response to a request from … Read more
The Parliamentary Budget Officer posted a new report entitled Revisiting the Middle Class Tax Cut. This report estimates the fiscal cost of the middle class tax cut in tax years 2015 and 2016. PBO’s new approach accounts for the effects of income forestalling/unwinding and provides estimates based on counterfactual scenarios that employ recent historical data from … Read more
The Parliamentary Budget Officer posted a new report entitled Bill C-266: Increasing the duration of parole ineligibility. In February 2016, the Standing Committee on Finance of the House of Commons requested that the PBO provide a detailed and comprehensive costing analysis of private members bills and motions appearing on the Private Member’s Business Order of … Read more
