Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Projecting the Revenues and Expenses of Canada Student Loans Program. This report provides an overview of Canada Student Loans Program, a description of the PBO model as well as an estimate of the revenues and expenses associated with the direct loans regime of CSLP. The report … Read more

Office of the Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Infrastructure Update: Investments in the Territories. This note is a supplement to the PBO’s report entitled “Infrastructure Update: Investments in Provinces and Municipalities”. It examines capital investments made by territories with the objective to identify the incremental impact of the federal infrastructure funding on their capital spending … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer released his analysis of the impact of the new Canada-United States-Mexico Agreement on the cost of prescription drugs in Canada. CUSMA extends the period of data protection for a category of pharmaceuticals, referred to as biological drugs, from 8 years to 10 years. “As the use of more expensive biological drugs increases … Read more

Office of the Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Infrastructure Update: Investments in Provinces and Municipalities online. The report examines infrastructure investments made by provinces and some municipalities with the objective to identify the incremental impact of federal infrastructure funding on provincial and municipal capital investment. The report is available online. Call 613-992-8026

Parliamentary Budget Officer

Parliamentary Budget Officer Yves Giroux released a report, “Fiscal Analysis of the Interim F-18 Aircraft,” which finds that the risk-adjusted life cycle cost will total $1.09 billion, 22 per cent higher than DND’s own reported estimates. “The biggest difference between our estimates and those of DND is in the operations and sustainment phase,” said Giroux. “Our estimate of the … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer released his comparison and costing of the three most recent regimes of veterans benefits programs, the Pension Act (in place up to 2006); the Veterans Well-being Act (also referred to as the New Veteran’s Charter, in place from 2006 to 2019); and the Pension for Life (takes effect on April 1, 2019). “From our analysis of … Read more

Office of the Parliamentary Budget Officer

The Parliamentary Budget Officer released his financial and economic analysis of the federal government’s $4.4 billion purchase of the Trans Mountain Pipeline, Trans Mountain Expansion Project, and related assets. In his report, Canada’s purchase of the Trans Mountain Pipeline – Financial and Economic Considerations, the PBO estimates the TMP and TMEP have a current value of … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Cost Estimate for Bill C-399 “Fairness for Persons with Disabilities Act. This report responds to a request of Conservative MP Tom Kmiec (Calgary Shepard, Alta.) to estimate the financial cost of Bill C-399, which broadens eligibility for the disability tax credit for persons spending extensive time on therapy to … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled PBO and Finance Canada Long-Term Projection Comparison. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new report entitled Costing 2018 Fall Economic Statement and Off-Cycle Measures. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Fall Economic Statement 2018: Issues for Parliamentarians. To assist parliamentarians in their pre-budget deliberations, this report highlights key issues arising from the Government’s 2018 Fall Economic Statement. The report is available online. Call 613-992-8026.