The Parliamentary Budget Officer (PBO) posted a new report entitled, Supplementary Estimates (B) 2025-2026. This report provides a detailed analysis of the Government’s secondary Supplementary Estimates for the 2025-26 fiscal year, which seeks Parliament’s approval of $10.8 billion. The report is available online. Contact sloane.mask@parl.gc.ca.
The Parliamentary Budget Officer (PBO) has published an independent assessment of Budget 2025. The report highlights financial pressures and concerns about transparency. According to the PBO, the Government has limited room to cut taxes or increase spending if it wants to keep the federal debt-to-GDP ratio in 2055–56 at or below its current level. “Budget 2025 … Read more
The Office of the Parliamentary Budget Officer (PBO) is undertaking extensive analysis of the Government’s 2025 budget. This analysis will be released in the coming weeks to coincide with parliamentary debate and committee study of the budget implementation legislation. In the meantime, PBO will place a priority on technical questions from parliamentarians and their staff … Read more
The Parliamentary Budget Officer (PBO) posted a new report entitled Fiscal Implications of the Government’s Purchase of Canada Mortgage Bonds. This report provides an overview of the fiscal impact of the Government’s commitment to purchase up to $30 billion annually in Canada Mortgage Bonds. The report is available online. Contact sloane.mask@parl.gc.ca.
The Parliamentary Budget Officer (PBO) posted a new report entitled Planned Capital Spending under Canada’s Defence Policy: 2025 Update. The report is available online. Contact sloane.mask@parl.gc.ca.
The Parliamentary Budget Officer (PBO) has released a new report projecting increases in federal disaster relief spending through the Disaster Financial Assistance Arrangements (DFAA) program. The DFAA provides financial support to provinces and territories following disasters caused by natural hazards. Since its launch in 1970, the program has delivered over $14 billion in federal aid, with the … Read more
The Parliamentary Budget Officer (PBO) updated the Public Debt Charges (PDC) calculator to reflect interest rate projections and debt issuance assumptions from the Economic and Fiscal Outlook – September 2025 (EFO). The tool provides an estimate of interest costs resulting from new budgetary measures from fiscal years 2025-26 to 2030-31. The tool is available online. Contact sloane.mask@parl.gc.ca.
The Parliamentary Budget Officer (PBO) posted a new additional analysis entitled The Government’s New Budgeting Approach – PBO’s Initial Assessment. This note provides a summary of the PBO’s initial observations on the new budgeting approach, which will begin with Budget 2025. The report is available online. Contact sloane.mask@parl.gc.ca.
The Parliamentary Budget Officer (PBO) posted a new report entitled House Price Assessment – Update. This report provides an update of PBO’s assessment of house prices relative to a household’s capacity to borrow and pay for the purchase of a house in selected Canadian cities. The report is available online. Contact sloane.mask@parl.gc.ca.
The Office of the Parliamentary Budget Officer (PBO) released its latest Economic and Fiscal Outlook (EFO). The report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings. The PBO projects the Canadian economy will grow by just 1.2 per cent in both 2025 and 2026, as trade uncertainty and … Read more
