The PBO has prepared sensitivity estimates of our fiscal outlook to three types of economic shocks. An interactive web application has also been launched, which allows the public to assess how changing certain macroeconomic assumptions for growth and interest rates will affect the PBO fiscal projection. http://www.pbo-dpb.gc.ca/en/fiscal-tool
This discussion paper is intended to assist members of the Senate and the House of Commons as they study clauses 128 to 129 and 131 to 190 in Division 7 of Part 4 of Bill C-44, An Act to implement certain provisions of the budget tabled in Parliament on March 22, 2017 and other measures (Bill C-44).
PBO publishes the conclusions of Nanos’ stakeholder consultations in the form of focus groups and elite interviews. The consultations had the overall objective of allowing the PBO to gauge a better understanding of drivers of satisfaction for its stakeholders with the products, reports and analyses it provides them, and thereby improve its service to parliamentarians and stakeholders.
This report responds to the 4 February 2016 Standing Committee on Finance motion that “consistent with the Parliamentary Budget Office (PBO) mandate to provide independent analysis about the state of Canada’s finances and trends in the national economy (as outlined in section 79.2 of the Parliament of Canada Act), the PBO provide an economic and fiscal outlook to the Committee the fourth week of October and April of every calendar year, and be available to appear before the Committee to discuss its findings shortly thereafter.”
This report provides an in-year estimate of Canadian GDP in 2016 and the Government of Canada’s budgetary balance in 2016-17 based on data released since our October 2016 Economic and Fiscal Outlook.
Government expenditures for the first half of 2016-2017 were $136.5 billion, an increase of 3.7% over the same period last year. This growth lags the overall increase in budgeted spending (5.6%), owing to delays in implementing the Government’s economic priorities, in particular new infrastructure investments.
This report outlines considerations for parliamentarians regarding the Government’s proposals to reform the Business of Supply.
To assist parliamentarians in their pre-budget deliberations, this report identifies key issues arising from the Government’s Fall Economic Statement 2016.
In response to the 4 February 2016 Standing Committee on Finance motion, this report provides PBO’s economic and fiscal outlook.