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Yves Giroux
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, 2024
BY
William Crooks
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, 2024
BY
Chandra Philip
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 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
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, 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’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
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, 2023
BY
The Canadian Press
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
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, 2023
BY
Marnie Cathcart
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
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, 2023
BY
Peter Wilson
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, 2023
BY
The Canadian Press
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, 2023
BY
Peter Wilson
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, 2022
BY
The Canadian Press
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, 2022
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
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, 2021
BY
The Canadian Press
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, 2021
BY
The Canadian Press
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
NEW
By
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
3hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
3hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
5hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
5hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
6hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
10hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
11hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
12hr
By
Jacob Burg
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
17hr
By
Melanie Sun