Yves Giroux

• Fall economic statement does not show fiscal restraint: parliamentary budget officer

  Yves Giroux told MPs at a House of Commons finance committee that the federal government is spending a significant portion of the new fiscal room it has this year.

  Economy

  Nov 28, 2022
  
• Canada’s economy will ‘slow considerably’ in 2nd half of 2022, budget officer says

  As inflation slows and heads toward the central bank's target of two per cent, the PBO expects the Bank of Canada to begin lowering interest rates toward the end of next year.

  Economy

  Oct 13, 2022
  
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• Basic income program could cut national poverty rates in half, PBO says

  A basic income program similar to one previously studied in Ontario could cut poverty rates nationally by almost half in 2022, the parliamentary budget officer says.

  Economy

  Apr 7, 2021
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• Canada Infrastructure Bank failing to secure private investment, PBO says

  The Canada Infrastructure Bank has committed just over $4 billion for projects, but none involve funding from private investors.

  Canada

  Mar 23, 2021
• PBO’s latest estimate says warships will cost $77B as estimated price jumps $17B

  Parliamentary budget officer Yves Giroux's latest estimate is $17 billion more than the government's stated price for the 15 warships.

  Politics

  Feb 24, 2021
• ‘Netflix tax’ could yield $1.3B in revenue, slightly more than feds’ estimate: PBO

  A digital media tax on services like Netflix could yield more revenue than the government is estimating, according to the PBO.

  Money

  Feb 10, 2021
• Roy Green: What concerns the parliamentary budget officer should concern us all

  Yves Giroux, Canada's parliamentary budget officer, tells Roy Green how his office remains unaware if the Trudeau government has any plans to tackle the deficit.

  Blogs

  Nov 20, 2020
• New changes to Employment Insurance will cost $7.7B, PBO predicts

  The Liberals had originally pegged the cost of modifying Employment Insurance at $7 billion.

  Canada

  Oct 19, 2020
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• Federal carbon tax needs to increase for Canada to meet climate goals: PBO

  The carbon tax is already set to rise to $50 per tonne of emissions by 2022 and the Liberals have not said what the path for the levy might be after that.

  Canada

  Oct 8, 2020
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• Budget officer seeks more transparency on $422B in loans distributed by Crown corporations

  Four Crown corporations account for roughly $236 billion in loans or deferrals handed out since the start of the pandemic to make it easier for businesses to manage costs.

  Canada

  Oct 2, 2020