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PBO
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, 2024
BY
William Crooks
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, 2024
BY
William Crooks
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, 2023
BY
Rahul Vaidyanath
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, 2023
BY
Doug Lett
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, 2023
BY
Marnie Cathcart
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Andrew Chen
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2023
BY
Peter Wilson
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, 2022
BY
Peter Wilson
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, 2022
BY
Peter Wilson
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, 2022
BY
The Canadian Press
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, 2021
BY
The Canadian Press
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, 2021
BY
The Canadian Press
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, 2021
BY
The Canadian Press
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, 2021
BY
The Canadian Press
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, 2021
BY
The Canadian Press
TOP NEWS
Trump Urges Netanyahu Not to Retaliate After Iran’s Missile Attack
NEW
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
NEW
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
4hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
5hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
6hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
7hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
9hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
9hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
10hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
14hr
By
Lawrence Wilson