PBO

• Canada needs ‘substantial’ defence spending to reach NATO 5% targets: PBO

  The Liberal government has yet to detail their plans to hike defence spending to five per cent of GDP by 2035, a massive increase over a tight timeline.

  Canada

  Oct 6
  
• MPs to question federal budget watchdog nominee as role remains unfilled

  The Office of the Parliamentary Budget Officer scrutinizes federal spending decisions and helps to cost out campaign proposals during elections.

  Politics

  Mar 22
  
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• Immigration cap may cut home supply gap by 45% — if Ottawa’s math is right

  If Ottawa is successful in implementing the new population limits, the housing supply gap would stand at 658,000 units in 2030, the PBO said Friday.

  Economy

  Nov 15, 2024
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• As PBO says NATO target plan is off, here’s why it matters to the military

  Spending two per cent of GDP on defence would allow the Canadian Forces to maintain bases and equipment and make necessary investments for the future, an ex-military chief says.

  Politics

  Nov 3, 2024
• Deficit likely surpassed Liberal pledge for $40B cap this past year: PBO

  The PBO also projects in its latest economic and fiscal outlook today that weak economic growth this year will begin to rebound in 2025.

  Economy

  Oct 17, 2024
• Automatic tax filing could see Canadians get billions in unclaimed benefits: PBO

  Canadian non-filers could collectively get up to $1.6 billion this year in unclaimed tax benefits if an automatic filing system were to roll out, the federal fiscal watchdog says.

  Money

  Jun 13, 2024
• Half a billion to clear backlog of some asylum seekers: PBO

  Canada has spent nearly half a billion dollars over the last five years processing asylum claims from people who arrived in the country without a visa, a new report has found.

  Canada

  May 31, 2024
• Liberal MP calls out PBO for error in carbon price analysis

  A Liberal MP says the parliamentary budget officer should have issued a more-public correction to an error in its carbon price analysis.

  Canada

  May 28, 2024
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• Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBO

  The Parliamentary Budget Officer said in a report released Thursday that it will take building a total of about 3.1 million homes to solve Canada's housing gap.

  Canada

  Apr 11, 2024
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• Heat pump program costs are on track but could jump to $2.7B: PBO

  The Parliamentary Budget Officer estimates Ottawa's heating oil to heat pump program could cost $797 million after the government allocated $500 million to the enhanced version.

  Canada

  Jan 18, 2024