All Reports

Category : Costing

The Fiscal Cost of Indexing the Canada Child Benefit

In October of 2016 Bill C-29 A second Act to implement certain provisions of the budget tabled in Parliament on March 22, 2016 and other measures proposed that the Canada Child Benefit be indexed, beginning in 2020.  This will index both the base benefits and the income thresholds to the consumer price index (CPI).

This report provides an update to the report Fiscal Analysis of Federal Children’s Benefits, estimating the cost of indexation if the first year of indexation were to occur in 2020.

Federal Spending on Primary and Secondary Education on First Nations Reserves

This report responds to a request of the member for Timmins-James Bay to estimate the costs of First Nations education program spending and to compare these estimates with provincial education spending.

Legalized Cannabis: Fiscal Considerations

This report provides a forecast of the economic parameters in the cannabis market, including the number of users, aggregate consumption and product prices.  It also provides an overview of potential revenues that could arise from legal cannabis sales, based on existing and projected market data, as well as the government’s stated objectives.  

Expenditure Monitor 2016-2017 Q1

This note analyses the implementation of the Government’s spending plan presented in Budget 2016 for the first three months of the fiscal year.

Budget 2016 Tax and Transfer Calculator

The PBO has developed an interactive online tool that estimates the household fiscal impact of some changes to federal taxes and transfers that were introduced in Budget 2016 and Bill C-2.

Cost Estimate of Tax Credit for Confederation Bridge Tolls

This report, requested by the Honourable Percy Downe, Senator for Prince Edward Island, provides a cost estimate of a proposed non-refundable personal income tax credit for Confederation Bridge tolls paid by local residents, that is, those living on Prince Edward Island.

Cost Estimate for Bill C-261: An Act to amend the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act (increase of allowance for survivors and children)

This private member’s Bill amends Part IV (Communications with and services to the Public) of the Official Languages Act.

Cost Estimate for Bill S-209: An Act to amend the Official Languages Act (communications with and services to the public)

This private member’s Bill amends Part IV (Communications with and services to the Public) of the Official Languages Act.

Cost Estimate of Bill C-239: An Act to amend the Income Tax Act (Charitable Gifts)

Pursuant to a request from Mr. Pierre-Luc Dusseault, Member of Parliament for Sherbrooke, this note provides a cost estimate of Bill C-239:  An Act to Amend the Income Tax Act (Charitable Benefits).

Cost Estimate of Bill C-241: An Act to Amend the Excise Tax Act (School Authorities)

This note presents an estimate of the fiscal impact of Bill C-241, An Act to amend the Excise Tax Act (school authorities).

Fiscal Analysis of a Targeted Tax Credit for Taxpayers in the Second Bracket

In response to a request from Senator Larry Smith, Chair of the Standing Senate Committee on National Finance, the Parliamentary Budget Officer (PBO) uses four methods to estimate the level of a hypothetical benefit available to taxpayers in the second tax bracket, where the overall cost of these benefits is equivalent in size to the estimated level of revenues generated from introducing a 33.0 per cent tax rate on income over $200,000.

Fiscal and Economic Impacts of Curtailing the Planned Tax Cut for Small Businesses

In response to a request by a Member of Parliament, PBO has prepared estimates of the fiscal and economic impacts of the Budget 2016 decision to maintain the small business tax rate and corresponding effective dividend tax rate at 10.5 per cent.  The rate had been legislated to gradually decrease to 9 per cent under Budget 2015.  

Federal Spending on Postsecondary Education

PBO estimates that in 2013-14, total federal spending on postsecondary education reached $12.3 billion. Taking into account recent Budget 2016 announcements, PBO estimates total federal spending on postsecondary education will exceed $15.7 billion by 2020-21. Over the past ten years, federal postsecondary spending targeted towards human capital formation has disproportionately benefitted wealthier families. This was due to a growing share of federal support provided through the tax system in particular and Registered Education Savings Plans.

Canada’s Greenhouse Gas Emissions: Developments, Prospects and Reductions

PBO looks at Canada’s commitment at COP21 in Paris and reports on its potential economic impact, both in aggregate and by sector. PBO estimates the reduction in emissions needed to achieve the 2030 target by combining historical trends in intensity of emissions with the PBO’s projection of the economy to 2030. We discuss how major sources of GHG emissions such as cars and trucks will have to be made at least a third more fuel-efficient, as will the electricity generation sector (almost two thirds), and oil & gas extraction (about a quarter), in order to meet the targets. The technologies to achieve those reductions are already available, but deploying them will lead to a mildly slower rate of income growth as cheap sources of energy will have to be replaced by moderately more expensive ones.

Estimate of the Average Annual Cost for Disaster Financial Assistance Arrangements due to Weather Events

PBO estimates that the average annual cost to the Disaster Financial Assistance Arrangements (DFAA) due to weather events over the next five years is $902 million. Three-quarters of this cost is due to floods. The average annual cost for the previous five and 10 years had been $850 million $489 respectively. Over the past 10 years, weather events on the Prairies have been responsible for 81% of the DFAA costs.

Estimate of financial support provided to disabled Veterans under the New Veterans Charter

The cost of a combat mission continues beyond the point at which the Canadian Armed Forces have withdrawn from the operational theatre. Arguably the most important post-combat cost is that of caring for Canada’s ill and injured Veterans. The intent of this analysis is to ensure that these post-combat costs come as no surprise to parliamentarians.  This report does not incorporate any changes proposed by the new government.