Report Archive

Category : National Finance

Preliminary Findings on International Taxation

This report presents PBO findings on international taxation, in response to Senator E. Percy Downe’s request to the Parliamentary Budget Officer in 2012.

Election Proposal Costing Baseline

This report provides PBO’s economic and fiscal baseline projection for the 2019 election proposal costing period.

Analysis of Active versus Passive Management of Canadian Public Pension Plans

The purpose of the report is to provide analysis on the performance of actively managed federal public pension funds, specifically the funds managed by the Canada Pension Plan Investment Board (CPPIB) and the Public Sector Pension Investment Board (PSPIB), and to compare the returns to that of a passive management strategy.

Cost Estimate of the Removal of GST from Residential Energy Use (Revised)

This report is a response to a motion adopted by the House of Commons Standing Committee on Finance to estimate the financial cost of private Members’ bills and motions on the Order of Precedence in the House of Commons. Motion M-230 was placed on the Order of Precedence on 11 April 2019 and states that the government should remove the Goods and Services Tax (GST) from home energy bills.

Economic and Fiscal Outlook - April 2019

Consistent with the Parliamentary Budget Officer’s legislated mandate, this report provides PBO’s economic and fiscal outlook.

Infrastructure Update: Investments in Territories

The report examines capital investments made by territories with the objective to identify the incremental impact of federal infrastructure funding on their capital spending in 2016-17 and 2017-18.

Infrastructure Update: Investments in Provinces and Municipalities - Revised: Table 3-1

The report examines infrastructure investments made by provinces and some municipalities with the objective to identify the incremental impact of federal infrastructure funding on provincial and municipal capital investment.

Economic and Fiscal Monitor - February 2019

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.

PBO and Finance Canada Long-term Projection Comparison

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.

Fall Economic Statement 2018: Issues for Parliamentarians

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.

Economic and Fiscal Outlook - October 2018 - Revised Oct. 31, 2018

Consistent with the Parliamentary Budget Officer’s legislated mandate, this report provides PBO’s economic and fiscal outlook.

Fiscal Sustainability Report 2018

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.

Status Report on Phase 1 of the Investing in Canada Plan

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.

Economic and Fiscal Outlook - April 2018 - Report revised May 14, 2018

Consistent with the Parliamentary Budget Officer’s legislated mandate, this report provides PBO’s economic and fiscal outlook.

The Borrowing Authority Act and Measures of Federal Debt

Recent changes to the Financial Administration Act require the Government of Canada to seek parliamentary approval to borrow in debt markets. The Government has done so with the Borrowing Authority Act, which came into force on 23 November 2017.

This report was prepared to address two areas of confusion that have arisen in committees and debates following Budget 2018:

  1. How was this new debt aggregate calculated?
  2. How should it be used to scrutinize government borrowing?

Costing a National Guaranteed Basic Income Using the Ontario Basic Income Model

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.

Status Report on Phase 1 of the New Infrastructure Plan

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. 

Federal Financial Support to Provinces and Territories: A Long-term Scenario Analysis

This report provides a long-term scenario analysis of the three largest federal transfers:  Equalization, the Canada Health Transfer and the Canada Social Transfer.

Federal Personnel Spending - Past and future trends

This report examines federal personnel spending, including: (i) recent trends in spending on federal personnel , (ii) PBO’s medium-term forecast for personnel spending  and (iii) analysis of important cost drivers underlying PBO’s personnel forecast.

Budget 2018: Issues for Parliamentarians

To assist parliamentarians in their budget deliberations, this report highlights key issues arising from Budget 2018.