Parliamentary Budget Officer
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Capital gains changes will bring in billions — but less than Ottawa expects: PBOChanges to how capital gains are taxed in Canada will bring in $17.4 billion over the next five years, according to the Parliamentary Budget Officer.MoneyAug 1
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Online Harms Act regulators will cost about $200 million over five years: PBOThe federal government wants to establish a Digital Safety Commission to regulate social-media companies and force them to limit harmful content online.CanadaJul 4
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Automatic tax filing could see Canadians get billions in unclaimed benefits: PBOCanadian non-filers could collectively get up to $1.6 billion this year in unclaimed tax benefits if an automatic filing system were to roll out, the federal fiscal watchdog says.MoneyJun 13
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PBO says he has been told not to disclose government’s carbon price analysisDuring a Finance Committee meeting Monday, the budget watchdog said the government has its own economic analysis, which he has seen, but has not been released.CanadaJun 4
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After PBO carbon price costing error, ‘results will be different’: minister'Clearly, if you made a mistake, the natural conclusion is that the result will be different,' the environment minister said ahead of the Liberal caucus meeting Wednesday.CanadaMay 29
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Ottawa’s fiscal wiggle room squeezed by rising debt costs, watchdog saysThe Liberal government is heading into its 2024 budget with higher debt costs and a slowing economy, a new report form the Parliamentary Budget Officer shows.EconomyMar 5
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Heat pump program costs are on track but could jump to $2.7B: PBOThe Parliamentary Budget Officer estimates Ottawa's heating oil to heat pump program could cost $797 million after the government allocated $500 million to the enhanced version.CanadaJan 18
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EV battery deals to cost $5.8B more than government projected: PBO reportThe report, released Friday, analyzes the costs to governments of recent deals struck to locate EV battery manufacturing facilities in Canada.CanadaNov 17, 2023
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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, 2023
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Wages for most Canadians are outpacing inflation, PBO saysWith help from COVID relief funds, rises in disposable income outpaced the impact of higher inflation for households by December 2022, improving purchasing power by five per cent.CanadaJun 22, 2023
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