PBO

Politics

Oil and gas production can meet ‘historical highs’ under emissions cap: PBO

The recent analysis by the Parliamentary Budget Office (PBO) has shed light on the potential impact of Canada’s proposed oil…

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Politics

PBO says tariffs on Chinese EVs, aluminum and steel will increase federal revenues by $473M

Canada’s Tariffs on Chinese Electric Vehicles, Aluminum, and Steel to Boost Federal Revenues The parliamentary budget officer has projected that…

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Politics

PBO says deficit likely exceeded Liberals’ $40B pledge, economy to rebound in 2025

Politics The parliamentary budget officer says the federal government likely failed to keep its deficit below its promised $40 billion…

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Politics

EVs cheaper to run but cost must come down to drive sales: PBO

It is already more cost effective over the long term to buy an electric vehicle than a gas-powered model, but…

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Politics

Federal government can spend $46B more a year and remain sustainable over long term: PBO report

The federal government can afford to increase spending by $46 billion, or cut taxes by that amount, every year until…

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Politics

Projected revenue from capital gains tax falls short of government expectations, says PBO

The Parliamentary budget officer is projecting an increase of $17.4 billion in income tax revenue from 2024-25 to 2028-29 from…

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Politics

Will the online harms bill add enforcement, or just bureaucracy? PBO says Canadians will decide

It’s up to Canadians to decide whether they believe the government’s proposal to create a new online harms regulator amounts…

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Politics

Liberal MP calls out PBO for error in carbon price analysis, asks for correction

The parliamentary secretary to Finance Minister Chrystia Freeland is criticizing the parliamentary budget officer for not issuing a more public…

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Politics

Cost of Liberal government’s defence plan has jumped by $50B, PBO says

The cost of the Liberal government’s nearly seven-year-old marquee defence plan has jumped by over $50 billion — mostly due…

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Politics

Carbon capture tax credit could cost taxpayers $1B more than expected, PBO warns

A controversial tax credit meant to help jump-start carbon capture projects could cost $1 billion more than the federal government…

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