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Yves Giroux

  • Federal Payroll Hit Record High in 2023 at $67B
    Federal Payroll Hit Record High in 2023 at $67B
    The total cost of federal employee salaries and benefits reached a new high of $67 billion in the past year, says Parliamentary Budget Officer Yves Giroux, marking a 68 percent ...
    February 23, 2024BY William Crooks
  • Government Departments May Use ‘Musical Ride’ Manoeuvres to Avoid Budget Cuts: PBO
    Government Departments May Use ‘Musical Ride’ Manoeuvres to Avoid Budget Cuts: PBO
    Taxpayers need to beware of manipulative manoeuvres when it comes to spending on public services and cutting government ...
    February 17, 2024BY Chandra Philip
  • 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 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
  • Ottawa Could Speed Up Military Procurement by Reducing Ministerial Oversight: Budget Officer
    Ottawa Could Speed Up Military Procurement by Reducing Ministerial Oversight: Budget Officer
    The speed at which Canada obtains its military equipment following the government's budgetary allocations could be improved significantly ...
    June 9, 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’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
  • Federal Spending on Staff Grew Rapidly During Pandemic: Parliamentary Budget Officer
    Federal Spending on Staff Grew Rapidly During Pandemic: Parliamentary Budget Officer
    The federal government's spending on employees saw record growth during the COVID-19 pandemic, says the parliamentary budget officer. ...
    April 4, 2023BY The Canadian Press
  • 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
  • Federal Government Departments Set Easy Performance Targets, Testifies Parliamentary Budget Officer
    Federal Government Departments Set Easy Performance Targets, Testifies Parliamentary Budget Officer
    A federal House of Commons government operations committee heard that federal managers set easy performance targets that they ...
    March 21, 2023BY Marnie Cathcart
  • 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
  • PBO Says Federal Public Service System Is ‘Broken’ and Requires Overhaul
    PBO Says Federal Public Service System Is ‘Broken’ and Requires Overhaul
    The federal public service is "broken" and needs to undergo major changes in many areas that "fail to ...
    February 8, 2023BY Peter Wilson
  • Tax on Share Buybacks to Raise $3 Billion in Government Revenue Over Five Years: PBO
    Tax on Share Buybacks to Raise $3 Billion in Government Revenue Over Five Years: PBO
    The parliamentary budget officer says the federal Liberals' planned tax on corporate share buybacks will raise $3 billion ...
    February 2, 2023BY The Canadian Press
  • PBO to Examine Ottawa’s $19 Billion Purchase of F-35 Fighter Jets: Report
    PBO to Examine Ottawa’s $19 Billion Purchase of F-35 Fighter Jets: Report
    Canada's Parliamentary Budget Officer (PBO) will be examining the federal government's recent $19 billion purchase of F-35 fighter ...
    January 24, 2023BY Peter Wilson
  • Liberals Did Not Show Fiscal Restraint in Fall Update: Parliamentary Budget Officer
    Liberals Did Not Show Fiscal Restraint in Fall Update: Parliamentary Budget Officer
    Parliamentary budget officer Yves Giroux told members of Parliament on Monday that the federal government did not show ...
    November 28, 2022BY The Canadian Press
  • Proposed Dental Benefit for Children Would Cost $703M: Parliamentary Budget Officer
    Proposed Dental Benefit for Children Would Cost $703M: Parliamentary Budget Officer
    Parliamentary budget officer Yves Giroux says Ottawa's proposed dental benefit for children under the age of 12 would cost ...
    October 20, 2022BY 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
  • Jordan’s Principle Order May Cost Feds $15 Billion in Compensation, PBO Says
    Jordan’s Principle Order May Cost Feds $15 Billion in Compensation, PBO Says
    OTTAWA—The parliamentary budget office says it could cost the federal government up to $15 billion to compensate First ...
    February 23, 2021BY The Canadian Press
  • PBO Says Reformed Fiscal Stabilization Program to Cost Ottawa $4.5 Billion
    PBO Says Reformed Fiscal Stabilization Program to Cost Ottawa $4.5 Billion
    OTTAWA—Reforms to a federal support program for provinces will nearly triple the cost to Ottawa next year, with ...
    January 20, 2021BY The Canadian Press
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    NEW By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    3hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    3hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    5hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    5hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    6hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    10hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    11hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    12hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    17hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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