Archive: January, 2022

Estimated Cost of Cleaning Canada’s Orphan Oil and Gas Wells

This report provides an independent estimate of the cost of cleaning Canada’s orphan oil and gas wells.

Bill C-206: Extension of the exemption for qualifying farming fuel to marketable natural gas and propane – Fiscal cost over a ten-year period

On June 23, 2021, the Parliamentary Budget Officer (PBO) issued a legislative note updating the cost of the federal carbon tax exemption for marketable natural gas and propane used for all farm operations as provided in Bill C-206, 43rd Parliament, 2nd Session.

Economic and Fiscal Update 2021: Issues for Parliamentarians

This report highlights key issues arising from the 2021 Economic and Fiscal Update to assist parliamentarians in their budgetary deliberations.

Additional information - Energy sector and agriculture: federal revenue forgone from tax provisions

On December 8, 2021, PBO published the report “Energy sector and agriculture: federal revenue forgone from tax provisions” which provides estimated revenue impacts for the items requested.