The Parliamentary Budget Officer (PBO) has posted a new report entitled “Why Does the Government Lapse Money and Why Does It Matter?” online. Each year, billions of dollars approved by Parliament are not spent. Left unspent, these funds reduce net federal debt at the end of the year. This report explains why parliamentarians should pay attention to … Read more
The Parliamentary Budget Officer has posted a new report entitled “Labour Market Assessment 2015” on the PBO website. This report provides parliamentarians with an assessment of the state of the Canadian labour market by examining indicators relative to their trend estimates, that is, the level that is estimated to occur if temporary shocks are removed. … Read more
The Parliamentary Budget Officer (PBO) has posted a new report entitled “Economic and Fiscal Outlook” on the website at www.pbo-dpb.gc.ca. This report provides PBO’s independent status quo planning assumptions for the start of the 42nd Parliament. The outlook does not include measures in the new government’s platform. PBO will provide an updated outlook including measures … Read more
The Parliamentary Budget Officer (PBO) has posted a new report entitled “Update of the Budget 2015 Fiscal Outlook” on the website at www.pbo-dpb.gc.ca. The PBO is responding to parliamentarians’ requests that it provide an update of the government’s fiscal forecast in Budget 2015 using the Bank of Canada’s outlook in its July Monetary Policy Report. The … Read more
The Parliamentary Budget Officer (PBO) has posted a new report entitled “Fiscal Sustainability Report 2015” on the Website at www.pbo-dpb.gc.ca. This report provides an assessment of the long-term sustainability of government finances for three government sub-sectors: the federal government; subnational governments consisting of provinces, territories, local, and aboriginal governments; and, the Canada and Quebec Pension Plans. … Read more
The Parliamentary Budget Officer (PBO) posted a new report entitled “Supplementary Estimates (A) 2015-16” on the Website at www.pbo-dpb.gc.ca. Call 613-992-8026.
Parliamentary Budget Officer posted a new report entitled “Expenditure Monitor: 2014-15 Q3” on the website at www.pbo-dpb.gc.ca. This report analyses the implementation of the government’s spending plan presented in Budget 2014, over the nine months of the year. Call 613-992-8026.
The Parliamentary Budget Officer (PBO) released a new report entitled “Pre-Budget Outlook” on its website. Projections presented in this report include only fiscal measures that have been announced prior to Budget 2015. PBO will update its economic and fiscal projections for new measures in the 2015 budget and provide related analysis in a future report. Call 613-992-8026.
The Parliamentary Budget Officer (PBO) has posted a new report entitled “How Much Does the Federal Government Spend on Child Care and Who Benefits?” on the website at www.pbo-dpb.gc.ca. The report examines federal spending on child care, and estimates the fiscal impact of recent announcements to enhance the Universal Child Care Benefit and the Child … Read more
The Parliamentary Budget Officer (PBO) has posted a new report entitled “The Family Tax Cut” on the website at www.pbo-dpb.gc.ca. The Family Tax Cut (FTC), commonly referred to as income splitting, permits a spouse to notionally transfer up to $50,000 of taxable income to a spouse facing a lower federal tax rate. PBO will provide an … Read more
