Yves Giroux

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.

The numbers are being published today just as the House of Commons is set to debate a Conservative motion calling for the information to be released.

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.

Prime Minister Justin Trudeau is showing no interest in compromising with Meta and Google over a proposed law that would make them pay for Canadian journalism that helps tech companies generate revenue.

The federal government is once again putting taxpayer dollars on the line to prop up the Trans Mountain pipeline expansion.

The Defence Department's procurement chief is hoping to have a better sense by the end of the year as to how much Canada will have to pay to build a new fleet of warships for the Royal Canadian Navy.

“It was always a disaster from a climate change perspective, but this is now an economic crime that has stolen $30 billion of public funds from real climate solutions," said Greenpeace Canada senior energy strategist Keith Stewart.

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.

Secret reports the federal government is relying on to argue the Trans Mountain pipeline expansion is commercially viable are based on the unrealistic assumption the pipeline will operate for 100 years, Canada’s financial watchdog told Canada’s National Observer.

The parliamentary budget officer says the federal government would need to spend an additional $75.3 billion on defence over the next five years for Canada to reach NATO’s target of two per cent of GDP.

Finance Canada has helped Trans Mountain secure $10 billion in new financing to complete construction of the controversial pipeline by promising investors that if the Crown corporation can’t pay back the loans, the public will.

The parliamentary budget officer is warning that home ownership has become even less affordable through the pandemic for the average buyer, who may find it even tougher to get into the market unless prices drop.

The federal parties took the first full day of campaigning to lay planks in their plans to revive the country's economy after months of pain from the COVID-19 pandemic, and options for covering the costs.

Canada's national budget watchdog says expanding and upgrading the country’s long-term care system would come with a hefty price tag.