Parliamentary Budget Officer
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Immigration cap may cut home supply gap by 45% — if Ottawa’s math is rightIf Ottawa is successful in implementing the new population limits, the housing supply gap would stand at 658,000 units in 2030, the PBO said Friday.EconomyNov 15, 2024
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Deficit likely surpassed Liberal pledge for $40B cap this past year: PBOThe PBO also projects in its latest economic and fiscal outlook today that weak economic growth this year will begin to rebound in 2025.EconomyOct 17, 2024
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Canadians lost purchasing power since 2022 from inflation, interest rates: PBOInflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, according to the Parliamentary Budget Officer.MoneyOct 8, 2024
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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, 2024
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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, 2024
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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, 2024
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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, 2024
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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, 2024
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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, 2024
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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, 2024
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