PBO Report

• 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
  
• 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
  
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• 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
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• 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
• 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
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• 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
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• 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