PBO Report

• 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
  
• 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
  
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• 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
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• 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
• 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
• 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
• Key interest rate will likely rise again in April: PBO

  There was a mixture of good and bad news on Tuesday morning from Canada's parliamentary fiscal watchdog.

  Canada

  Jan 23, 2018
• Economy will start to cool in the coming year, key interest rate to rise: PBO

  Canada's "robust" economy is expected to slow to a more normal pace in the coming year, a new report from the Parliamentary Budget Officer suggests.

  Canada

  Oct 31, 2017
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• Watchdog says universal pharmacare would cost Ottawa $19B

  The Parliamentary Budget Officer is estimating that a national pharmacare program would cost the Canadian government a little over $19 billion per year, but overall savings on drug spending could be substantial.

  Canada

  Sep 28, 2017
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• Budget watchdog says Liberals can’t account for $2.5B in infrastructure funds

  It's been set aside for infrastructure, but where, exactly, is this money? Nobody seems to know.

  Money

  Mar 9, 2017