This report provides an in-year estimate of Canada’s gross domestic product (GDP) in 2018 and the Government of Canada’s budgetary balance in 2018 19, based on data released since our October 2018 Economic and Fiscal Outlook, up to and including 8 February 2019.
This note updates selected results from our assessment published in October 2018, incorporating recently released data for the fourth quarter of 2018.
Consistent with the PBO's legislated mandate, this report provides a comparison of long-term economic and fiscal projections prepared by Finance Canada and PBO in 2018.
To assist parliamentarians in their pre-budget deliberations, this report identifies key issues arising from the Government’s Fall Economic Statement published on 21 November 2018.
This report responds to a request to provide the estimated fiscal cost of reducing the federal corporate income tax rate by 1 percentage point per year over 6 years. By the end of 6 years, this presents a combined federal-provincial statutory rate of 20.7%.
Consistent with the Parliamentary Budget Officer’s legislated mandate, this report provides PBO’s economic and fiscal outlook.
This report provides parliamentarians with an assessment of the state of Canada’s labour market. It examines labour market indicators relative to their trend estimates, and looks at wage inequality at the national level, as well as across provinces and by gender.
This report provides PBO’s assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans.
This report a status update on Phase 1 of the Government’s Investing in Canada Plan, which was announced in Budget 2016 and intended to provide a short-term economic boost to the economy.
This report describes PBO’s approach to measuring potential GDP.
In preparation for the financial costing of election campaign proposals in 2019, the PBO is taking this opportunity to produce an extended outlook and line-item costing. The PBO encourages parliamentarians and their political parties to provide feedback regarding this initiative.
This report provides additional detail related to the economic impact of the carbon pricing levy presented in PBO’s April 2018 Economic and Fiscal Outlook.
This report pulls together a number of databases so as to estimate the cost of recent regulatory changes governing patented pharmaceuticals. It compares the cost of patented innovative medicines with that of non-patented prescription medicines. That comparison is then used to make inferences regarding the annual cost of prolonging market exclusivity for a class of drugs similar to patented innovative medicines.
This report responds to a request of Mr. Pierre Poilievre (Carleton–CPC) to estimate the cost of establishing a guaranteed basic income program at the national level. PBO takes the policy parameters of Ontario’s basic income pilot project and applies them across the country to estimate the cost of a guaranteed basic income (GBI), and then compares the estimated cost to the current federal support for low income. The annual gross cost of expanding the Ontario Basic Income Pilot across the country would amount to an estimated $76.0 billion in 2018-2019. By 2022-2023, it would reach nearly $79.5 billion.
This report provides status report on Phase 1 of the Government’s New Infrastructure Plan, which was announced in Budget 2016 and intended to stimulate economic growth over the short-term.
To assist parliamentarians in their budget deliberations, this report highlights key issues arising from Budget 2018.
This report provides an in-year estimate of Canadian gross domestic product in 2017 and the Government of Canada’s budgetary balance in 2017 18, based on data released since our October 2017 Economic and Fiscal Outlook, up to and including 12 January 2018.
This report provides a comparison of long-term economic and fiscal projections prepared by Finance Canada and PBO in 2017.
This report identifies key issues arising from the Government’s Fall Economic Statement.
The following presents a decomposition of cost drivers for growth in provincial-territorial health care spending.