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PBO

  • Canadian Economy to Remain Sluggish Through 2024: Parliamentary Budget Officer
    Canadian Economy to Remain Sluggish Through 2024: Parliamentary Budget Officer
    The Parliamentary Budget Officer (PBO) is forecasting a growth in the deficit and inflation to fall to 2 percent amid a weak economy in 2024. The PBO outlined its predictions ...
    March 5, 2024BY William Crooks
  • Farmers’ Carbon Tax Savings Will be $80 Million a Year Less Than Expected Under Amended Bill: PBO
    Farmers’ Carbon Tax Savings Will be $80 Million a Year Less Than Expected Under Amended Bill: PBO
    A new carbon tax exemption bill passed by opposition parties to give farmers a tax break on fuel ...
    February 14, 2024BY William Crooks
  • ANALYSIS: Risk to Economy Not Talked About Enough Is Ottawa’s Shaky Finances, Says Economist
    ANALYSIS: Risk to Economy Not Talked About Enough Is Ottawa’s Shaky Finances, Says Economist
    As Canada’s economy cools and interest rates remain elevated, Ottawa’s finances are looking increasingly precarious. 
    October 18, 2023BY Rahul Vaidyanath
  • Tough Questions at Committee Nothing New for Parliamentary Budget Officer
    Tough Questions at Committee Nothing New for Parliamentary Budget Officer
    Parliamentary Budget Officer (PBO) Yves Giroux found himself defending his department’s work in front of a parliamentary committee ...
    October 6, 2023BY Doug Lett
  • Budget Officer Report Suggests Feds’ Current Fiscal Policy Sustainable Over Long Term
    Budget Officer Report Suggests Feds’ Current Fiscal Policy Sustainable Over Long Term
    The Parliamentary Budget Officer (PBO) has released an assessment of the sustainability of Canada's government finances and concluded ...
    July 31, 2023BY Marnie Cathcart
  • Budget Officer Further Probing Ottawa’s EV Battery Plant Deals
    Budget Officer Further Probing Ottawa’s EV Battery Plant Deals
    Parliamentary Budget Officer (PBO) Yves Giroux is further analyzing the federal government's large subsidy deals made with both ...
    July 19, 2023BY Peter Wilson
  • Feds’ Dental Care Plan to Cost More Than $10 Billion Over 5 Years: Budget Officer
    Feds’ Dental Care Plan to Cost More Than $10 Billion Over 5 Years: Budget Officer
    The federal government's national dental care plan—introduced as a condition of its supply and confidence agreement with the ...
    June 28, 2023BY Peter Wilson
  • PBO’s $16B Estimate for Volkswagen Deal Is ‘Wrong,’ Freeland Says
    PBO’s $16B Estimate for Volkswagen Deal Is ‘Wrong,’ Freeland Says
    Parliamentary Budget Officer (PBO) Yves Giroux was "wrong" in estimating that the federal government's recent deal with Volkswagen ...
    June 14, 2023BY Peter Wilson
  • Ottawa’s Volkswagen EV Battery Plant Deal Will Cost Over $16 Billion, Says PBO
    Ottawa’s Volkswagen EV Battery Plant Deal Will Cost Over $16 Billion, Says PBO
    The federal government's deal with Volkswagen made earlier this year to incentivize the European automaking giant to build its first ...
    June 14, 2023BY Peter Wilson
  • Feds Ask Budget Officer Not to Release Internal Data on Public Dental Care
    Feds Ask Budget Officer Not to Release Internal Data on Public Dental Care
    The federal government is asking Parliamentary Budget Officer (PBO) Yves Giroux not to publicly release internal data given ...
    May 26, 2023BY Peter Wilson
  • Budget Officer Probing Ottawa’s $13.8 Billion Volkswagen EV Battery Plant Deal
    Budget Officer Probing Ottawa’s $13.8 Billion Volkswagen EV Battery Plant Deal
    Parliamentary Budget Officer (PBO) Yves Giroux says his office is probing the federal government's $13.8 billion deal with ...
    May 24, 2023BY Peter Wilson
  • PBO Stands By Report That ‘Clean Fuel Regulations’ Will Hurt Canadian Households Financially
    PBO Stands By Report That ‘Clean Fuel Regulations’ Will Hurt Canadian Households Financially
    Despite fierce criticism from the Liberals, the Parliamentary Budget Officer (PBO) stands by his analysis of the government's ...
    May 22, 2023BY Andrew Chen
  • PBO’s Economic Analysis of New Fuel Regulations ‘Unbalanced’ and ‘Incomplete,’ Environment Minister Says
    PBO’s Economic Analysis of New Fuel Regulations ‘Unbalanced’ and ‘Incomplete,’ Environment Minister Says
    Environment Minister Steven Guilbeault says the recent analysis issued by Parliamentary Budget Officer (PBO) Yves Giroux on the economic ...
    May 19, 2023BY Peter Wilson
  • Ottawa’s New Fuel Regulations Will Increase Cost of Gas 17 Cents per Litre by 2030: PBO
    Ottawa’s New Fuel Regulations Will Increase Cost of Gas 17 Cents per Litre by 2030: PBO
    The federal government's new Clean Fuel Regulations—set to take effect July 1 and reach full stringency in about ...
    May 19, 2023BY Peter Wilson
  • Ottawa’s $798M in New ‘Non-Announced’ Spending Measures Concerning, Says PBO
    Ottawa’s $798M in New ‘Non-Announced’ Spending Measures Concerning, Says PBO
    Parliamentary Budget Officer (PBO) Yves Giroux says his office has some concerns about the nearly $800 million worth ...
    April 18, 2023BY Peter Wilson
  • Average Federal Public Servant Paid Over $125K Per Year Including Benefits: PBO
    Average Federal Public Servant Paid Over $125K Per Year Including Benefits: PBO
    Federal public servants are paid an average of $125,300 per year including salary, benefits, and overtime, says Parliamentary Budget ...
    April 5, 2023BY Peter Wilson
  • Ending Tax Exemptions for Real Estate Investment Trusts Would Save Government Nearly $286M: PBO
    Ending Tax Exemptions for Real Estate Investment Trusts Would Save Government Nearly $286M: PBO
    A report by the Parliamentary Budget Officer (PBO) estimates that the federal government could collect nearly $286 million ...
    April 4, 2023BY Peter Wilson
  • Unrecoverable Federal Student Loans Up 34% This Fiscal Year: PBO
    Unrecoverable Federal Student Loans Up 34% This Fiscal Year: PBO
    The amount of Canada Student Loans deemed by the federal government to be uncollectible this year is up ...
    February 24, 2023BY Peter Wilson
  • Trudeau Questioned in House About PBO’s Remarks That Federal Public Service System Is ‘Broken’
    Trudeau Questioned in House About PBO’s Remarks That Federal Public Service System Is ‘Broken’
    Prime Minister Justin Trudeau was questioned in the House of Commons today about comments made by Parliamentary Budget ...
    February 8, 2023BY Peter Wilson
  • Canada’s Government Sector Is Growing Faster Than the Private Sector, PBO Says
    Canada’s Government Sector Is Growing Faster Than the Private Sector, PBO Says
    Canada's government sector is growing faster than its private sector, and the public sector appears set to continue ...
    December 2, 2022BY Peter Wilson
  • Workers Benefit to Cost More Than Double at $4 Billion Due to Ineligible Payments, Says PBO
    Workers Benefit to Cost More Than Double at $4 Billion Due to Ineligible Payments, Says PBO
    The government's increased Canada workers benefit (CWB) is set to cost more than double at about $4 billion, ...
    November 16, 2022BY Peter Wilson
  • PBO Report Questions Need for Liberals’ Planned Stimulus Spending
    PBO Report Questions Need for Liberals’ Planned Stimulus Spending
    OTTAWA—Prime Minister Justin Trudeau is giving no indications of plans to rein in government spending after a critical ...
    January 19, 2022BY The Canadian Press
  • Liberals’ Wage Subsidy Extension to Push Program Costs to $107 Billion, PBO Says
    Liberals’ Wage Subsidy Extension to Push Program Costs to $107 Billion, PBO Says
    OTTAWA—The parliamentary budget officer says the federal government's plan to extend its wage subsidy will push the overall ...
    December 9, 2021BY The Canadian Press
  • PBO Estimates Federal Government Will Net $177 Million From Air Canada Deal
    PBO Estimates Federal Government Will Net $177 Million From Air Canada Deal
    OTTAWA—The Parliamentary Budget Officer says the federal government could make about $177 million over ten years from a ...
    August 12, 2021BY The Canadian Press
  • No Plans to Change Warships Despite PBO Cost Warning, Top Official Says
    No Plans to Change Warships Despite PBO Cost Warning, Top Official Says
    OTTAWA—Canada’s top military procurement official says there are no plans to change directions on the construction of a ...
    April 4, 2021BY The Canadian Press
  • PBO Sees $363 Billion Deficit, Warns of Pitfalls From Liberals’ Promised Stimulus
    PBO Sees $363 Billion Deficit, Warns of Pitfalls From Liberals’ Promised Stimulus
    OTTAWA—Parliament's spending watchdog says the federal response to the COVID-19 pandemic should send the deficit to $363.4 billion. ...
    March 31, 2021BY The Canadian Press
  • PBO’s Latest Estimate Says Warships Will Cost $77B as Estimated Price Jumps $17B
    PBO’s Latest Estimate Says Warships Will Cost $77B as Estimated Price Jumps $17B
    OTTAWA—Parliament's budget watchdog is predicting another multibillion-dollar increase in the cost of a new fleet of warships for ...
    February 24, 2021BY The Canadian Press
TOP NEWS
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    1hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    3hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    3hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
  • Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
    3hr By Epoch Video
    Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    4hr By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    4hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    5hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    5hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Signs Nuclear Cooperation Deal With Saudi Arabia
    5hr By Emel Akan
    US Signs Nuclear Cooperation Deal With Saudi Arabia
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    6hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
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