Parliamentary Budget Officer

A new valuation of the Trans Mountain pipeline (TMX) by Canada’s Parliamentary Budget Officer contradicts a more optimistic assessment of the controversial pipeline expansion by Finance Minister Chrystia Freeland last week.

That's two billion dollars less than the federal government projected in its spring budget.

The Parliamentary Budget Officer made an error in its carbon-pricing reports that are frequently cited in the Conservative Party's “axe the tax” attacks, and the Liberals want a clear correction issued.

The parliamentary budget officer is projecting inflation will return to the Bank of Canada's two per cent target by the end of the year and the federal deficit will grow amid weakening economic conditions.

While Canada's largest oil and gas companies make record profits, the federal government has resisted slapping the sector with a windfall profit tax. A new analysis from the Parliamentary Budget Officer finds Ottawa is leaving billions on the table.

The parliamentary budget officer says it will take the federal government until 2043 to break even on its EV battery deals with two automotive giants.

In its regulatory filing, Trans Mountain Corp. said it has run into engineering difficulties related to the drilling of a tunnel in B.C. and wants to alter the route slightly for a 1.3-kilometre stretch of pipe, as well as the construction method.

We all know there's a huge price tag attached to climate change, and economic costs associated with slow-walking our response to it. So why do some economists keep pretending otherwise?

The federal government is working with a national gun industry organization to figure out how to compensate retailers that stock prohibited firearms, Public Safety Minister Marco Mendicino says.

The new federal budget shows the government's dental-care insurance program is projected to cost more than double what the Liberals originally thought, adding another $7.3 billion over five years.

Once bitten, twice shy.

Parliamentary budget officer Yves Giroux told members of Parliament on Monday, November 28, 2022, that the federal government did not show fiscal restraint in its recent fall economic statement.

The effects of climate change bit a $20-billion sized hole out of Canada's economy last year, parliamentary budget officer Yves Giroux said Tuesday.

The parliamentary budget officer says Canada's current fiscal policy is sustainable over the long term.