PBO
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Pharmacare would cost billions more a year, but lead to economic savings: PBOThe PBO released a report on Thursday that provides an estimate for the cost of a pharmacare program between 2024-25 and 2027-28.CanadaOct 12
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Volkswagen, Stellantis subsidies will take 20 years to break even: watchdogAn analysis from the Parliamentary Budget Officer finds it will take the federal and Ontario governments two decades to break even on EV-battery manufacturing subsidies.CanadaSep 12
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Volkswagen plant will cost $16.3B with ‘marginal’ benefits: PBOThe parliamentary budget officer said the total cost to the federal government of building Volkswagen’s first overseas plant is higher than what Ottawa had announced.CanadaJun 14
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PBO expects Bank of Canada done hiking rates, forecasts economic growth of 1% in 2023The PBO also predicts the Bank of Canada will keep its key interest rate target on hold at 4.5 per cent for the rest of 2023 before starting to cut in 2024.EconomyMar 2
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Canada’s economy will ‘slow considerably’ in 2nd half of 2022, budget officer saysAs inflation slows and heads toward the central bank's target of two per cent, the PBO expects the Bank of Canada to begin lowering interest rates toward the end of next year.EconomyOct 13, 2022
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PBO says it was asked to cost platforms outside election campaignSince 2019, political parties have been able to ask the budget office to review the costing of their campaign promises 120 days before a fixed election date.PoliticsNov 25, 2021
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No plans to change warships despite PBO’s warning about cost: top officialCrosby suggested switching things up now to save money would only lead to delays and undercut the Navy's ability to protect Canada.CanadaApr 4, 2021
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Canada Infrastructure Bank failing to secure private investment, PBO saysThe Canada Infrastructure Bank has committed just over $4 billion for projects, but none involve funding from private investors.CanadaMar 23, 2021
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PBO’s latest estimate says warships will cost $77B as estimated price jumps $17BParliamentary budget officer Yves Giroux's latest estimate is $17 billion more than the government's stated price for the 15 warships.PoliticsFeb 24, 2021
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‘Netflix tax’ could yield $1.3B in revenue, slightly more than feds’ estimate: PBOA digital media tax on services like Netflix could yield more revenue than the government is estimating, according to the PBO.MoneyFeb 10, 2021
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