PBO Report
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Multigenerational home renovation tax credit to cost $44M, PBO says. Here’s how it worksThe 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.CanadaJan 11
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PBO report questions Liberals’ case to spend billions in planned stimulusThe Liberals had promised up to $100 billion in economic stimulus, subject to a series of spending guardrails.CanadaJan 19, 2022
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Tax on big corporations’ excess profits would reap $7.9B for feds: PBOThe 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.MoneyApr 27, 2021
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Extended COVID-19 income support to cost feds an extra $5B: budget watchdogThe move will nudge the total price of the COVID-19 relief program to $50 billion, PBO Yves Giroux says.MoneyMar 18, 2021
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Bigger deficits than expected on the horizon, but there’s a silver lining: PBOThe federal budget watchdog says the Trudeau government is on track to run deficits nearly $8 billion deeper than expected over the next two years.CanadaApr 23, 2018
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Universal pharmacare would provide better health care but costs a concern: health committeeWednesday'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.CanadaApr 18, 2018
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Key interest rate will likely rise again in April: PBOThere was a mixture of good and bad news on Tuesday morning from Canada's parliamentary fiscal watchdog.CanadaJan 23, 2018
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Economy will start to cool in the coming year, key interest rate to rise: PBOCanada'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.CanadaOct 31, 2017
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Watchdog says universal pharmacare would cost Ottawa $19BThe 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.CanadaSep 28, 2017
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Budget watchdog says Liberals can’t account for $2.5B in infrastructure fundsIt's been set aside for infrastructure, but where, exactly, is this money? Nobody seems to know.MoneyMar 9, 2017
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