PBO

Politics

Canada needs 3.2 million new houses to close the home gap, and it is not yet on the rails: PBO

Canada is facing a significant housing shortage, with the need to build 3.2 million new homes over the next decade…

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Canada

Average Canadian family to save $280 next year from Liberal tax cut: PBO

The Liberal Government’s Income Tax Cut: What Canadians Can Expect The average Canadian family is set to save $280 on…

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Politics

Ottawa’s GST rebate on new homes would save typical first-time buyer $27K: PBO

The latest housing proposal by the federal government, as analyzed by the parliamentary budget officer, offers significant savings for eligible…

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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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