PBO Report

• ‘Tax holiday’ could become a ‘hot mess’ for businesses, CFIB warns

  The legislation is set to go into effect on Saturday, removing the goods and services or harmonized sales tax from dozens of items, including certain groceries.

  Canada

  Dec 9, 2024
  
• Canada’s NATO target plan unclear, PBO says as U.S. election ups stakes

  The report from the parliamentary budget officer comes just a week before the U.S. election, the outcome of which could have defence implications for Canada.

  Canada

  Oct 30, 2024
  
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• Volkswagen plant will cost $16.3B with ‘marginal’ benefits: PBO

  The 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.

  Canada

  Jun 14, 2023
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• Ottawa’s spending on staff ballooned during pandemic, likely to continue

  A new report from the parliamentary budget officer says federal spending on personnel increased by almost 31 per cent in the last few years -- and it's expected to continue.

  Canada

  Apr 4, 2023
• Multigenerational home renovation tax credit to cost $44M, PBO says. Here’s how it works

  The tax credit allows families to claim 15 per cent of up to $50,000 in renovation costs to create a multigenerational home, but not all secondary units are eligible.

  Canada

  Jan 11, 2023
• PBO report questions Liberals’ case to spend billions in planned stimulus

  The Liberals had promised up to $100 billion in economic stimulus, subject to a series of spending guardrails.

  Canada

  Jan 19, 2022
• Tax on big corporations’ excess profits would reap $7.9B for feds: PBO

  The estimate by PBO Yves Giroux, in response to a request from the NDP, was calculated by looking at companies whose profits exceeded their 2020 expectations.

  Money

  Apr 27, 2021
• Extended COVID-19 income support to cost feds an extra $5B: budget watchdog

  The move will nudge the total price of the COVID-19 relief program to $50 billion, PBO Yves Giroux says.

  Money

  Mar 18, 2021
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• Bigger deficits than expected on the horizon, but there’s a silver lining: PBO

  The federal budget watchdog says the Trudeau government is on track to run deficits nearly $8 billion deeper than expected over the next two years.

  Canada

  Apr 23, 2018
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• Universal pharmacare would provide better health care but costs a concern: health committee

  Wednesday's report includes 18 recommendations the committee says could form a blueprint of sorts for a new single-payer, publicly funded prescription drug coverage program.

  Canada

  Apr 18, 2018