Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Costing Irregular Migration across Canada’s Southern Border. PBO estimates that each migrant who crossed the border outside official ports of entry (for example by using Roxham road in Southern Quebec) in 2017-18 will cost the federal government an average of $14,321. The average cost per entry … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Cost Estimate of a Reduction in the Federal Corporate Income Tax Rate. This report responds to a request to provide the estimated cost of gradually reducing the federal corporate income tax rate to 9 per cent. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Supplementary Estimates (A) 2018-19. This note presents a detailed analysis of the Government’s first supplementary estimates for the 2018-19 fiscal year, which seeks Parliament’s approval of $7.5 billion. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled The Strategic Personnel Generation Model (SPGM) Version 1.0. This note provides a technical description of a “personnel generation” model that estimates, and forecasts costs associated with, increases in military personnel. Personnel generation is central to military organizations; it is the first modelled within PBO’s family of … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Economic and Fiscal Outlook – October 2018. PBO Yves Giroux stated “Canadian economic performance remains solid. Looking ahead, we expect real GDP growth to slow as the economy comes to rely less on consumer spending and the housing sector, and more on business investment and exports.” Based on … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Cost Estimate for Motion M-141:  Amending the Employment Insurance Act. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

Parliamentary Budget Officer Yves Giroux released his latest assessment of the sustainability of government finances. The Fiscal Sustainability Report 2018 found that, based on an analysis of the fiscal gap, current fiscal policy is sustainable over the long term across the government sector as a whole. “However, this positive perspective masks an unsustainable fiscal situation at the provincial level,” said Giroux. “With the … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled PBO’s Approach to Measuring Potential GDP. The report is available online. Call 613-992-8026. The Parliamentary Budget Officer posted a new report entitled Status Report on Phase 1 of the Investing in Canada Plan. The report is available online. Call 613-992-8026.

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Extended April 2018 Economic and Fiscal Outlook. In preparation for the financial costing of election campaign proposals in 2019, the PBO is taking this opportunity to produce an extended outlook and line-item costing. The PBO encourages parliamentarians and their political parties to provide feedback regarding this initiative. The … Read more

Parliamentary Budget Officer

The Parliamentary Budget Officer posted a new report entitled Taxation of employer-provided health-benefits. The PBO has prepared an estimate of the fiscal impact of including employer-paid health benefits in an individual’s taxable income. The full report is available online. Call 613-992-8026.