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Parliamentary Budget Officer

Capital gains changes will bring in billions — but less than Ottawa expects: PBO – National

by James Odonell
Capital gains changes will bring in billions — but less than Ottawa expects: PBO – National

Contentious changes to how capital gains are taxed in Canada will bring in billions less in revenue for the government than Ottawa was expecting when it tabled the 2024 federal …

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Categories Politics

Online Harms Act regulators will cost about $200 million over five years: PBO – National

by James Odonell
Online Harms Act regulators will cost about 0 million over five years: PBO – National

The parliamentary budget officer estimates that staffing up the new regulators in the Liberals’ Online Harms Act will cost around $200 million over five years. The federal government wants to …

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Categories Politics

After PBO carbon price costing error, ‘results will be different’: minister – National

by James Odonell
After PBO carbon price costing error, ‘results will be different’: minister – National

Environment Minister Steven Guilbeault says he expects the next carbon price analysis from parliamentary budget officer (PBO) Yves Giroux will yield a different result after the PBO corrected their past …

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Categories Politics

Heat pump program costs are on track but could jump to $2.7B: PBO – National

by James Odonell
Heat pump program costs are on track but could jump to .7B: PBO – National

The Parliamentary Budget Officer estimates Ottawa’s program to get homes off heating oil and on to heat pumps could cost $797 million over the course of the program, in line …

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Categories Politics

EV battery deals to cost $5.8B more than government projected: PBO report

by James Odonell
EV battery deals to cost .8B more than government projected: PBO report

A new report from the Parliamentary Budget Officer says provincial and federal support for electric vehicle battery manufacturing in Canada will cost $5.8 billion more than previously announced government projections. …

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Categories Politics

Pharmacare would cost billions more a year, but lead to economic savings: PBO – National

by Shawn Butlere
Pharmacare would cost billions more a year, but lead to economic savings: PBO – National

The parliamentary budget officer says a single-payer universal drug plan would cost federal and provincial governments an additional $11.2 billion in the first year, and $13.4 billion in five years. …

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Categories Health

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