Several parliamentarians requested that the PBO prepare a distributional analysis of Guaranteed Basic Income using parameters set out in Ontario’s basic income pilot project, examine the impact across income quintiles, family types and gender, and identify the net federal revenue increase required to offset the net cost of the new program. This analysis also accounts for the behavioural response.
This report updates PBO’s September 2020 Economic and Fiscal Outlook in advance of Budget 2021.
This report provides a reconciliation of the assessments of the sustainability of the Canada Pension Plan prepared by the Office of the Chief Actuary and the Parliamentary Budget Officer.
This report examines the federal government’s Expenditure Plan and Main Estimates for 2021-22, which supports the first two appropriation bills that seek Parliament’s approval of $141.9 billion in budgetary authorities.
Senator Rosa Galvez requested that the Parliamentary Budget Officer estimate the costs and savings of a hybrid parliamentary system. In such a system, parliamentarians can participate in the proceedings either in person or remotely via videoconference.
This report estimates certain incremental costs (mostly acquisition of IT equipment and increased costs of interpretation services) and the savings (reduction in travel expenses for Senators and Members of the House of Commons that no longer travel to Ottawa to attend in person) of a hybrid parliamentary system.
This report provides a qualitative and quantitative analysis of the economic and fiscal projections of the PBO and Finance Canada since 2011.
This report presents a detailed analysis of the Government’s third and final supplementary estimates for the 2020-21 fiscal year, which seeks Parliament’s approval of $13.4 billion.
In response to a request by the House of Commons Standing Committee on Government Operations and Estimates (OGGO), this report presents a costing analysis of building Canadian Surface Combatants (CSC) with the continuation of the Type 26, as well as the cost for two alternate designs: the FREMM and the Type 31e.
This report estimates the financial cost of complying with a Canadian Human Rights Tribunal decision (2019 CHRT 39) as it relates to children who experienced delays and denials of services which should have been available under Jordan’s Principle. A previous report estimated the cost of complying with that decision as it relates to children taken into care.
This report was prepared at the request of the House of Commons Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities.
The number of EI regular weeks of benefits will be increased to a maximum of 50 weeks for claims made between September 27, 2020 and September 25, 2021.
On February 19, 2021, the government announced the extension of the Canada Recovery Sickness Benefit (CRSB). The extension will allow workers to take an additional two weeks of benefits, bringing the total maximum benefit to four weeks.
The CRSB provides $500 per week to those who are absent from at least 50% of their typical time at work in a given week because of being ill from COVID-19, self-isolating due to COVID-19, or having a medical condition that would cause them to be more vulnerable to contracting COVID-19.
This benefit is taxable. The CRSB program is in effect from September 27, 2020 to September 25, 2021.
On February 19, the Government announced it was extending the eligibility of the Canada Recovery Caregiver Benefit (CRCB) by an additional 12 weeks, bringing the maximum benefit period to 38 weeks.
The CRCB provides a $500 weekly taxable benefit per household for workers who miss at least 50% of their normal time at work during a week to care for someone for reasons related to COVID-19.
Reasons that a worker could claim the CRCB include caring for a child under 12 or another family member 12 or over who cannot be left alone without supervision; whose school, childcare, or other type of care program is closed due to COVID-19; whose normal caregiver cannot provide care due to COVID-19; or who is staying home because they have an increased risk of severe health consequences if they become infected with COVID-19.
Eligible workers must have earned at least $5,000 in any of 2019, 2020, or the span of 12 months before they apply for the CRCB. They are ineligible for the CRCB if they are receiving certain other benefits (for example, the Canada Recovery Benefit, the Canada Recovery Sickness Benefit, Employment Insurance). This program sunsets on September 25, 2021.
Eligible workers must have earned at least $5,000 in any of 2019, 2020, or the span of 12 months before they apply for the CRCB. They are ineligible for the CRCB if they are receiving certain other benefits (for example, the Canada Recovery Benefit, the Canada Recovery Sickness Benefit, Employment Insurance ). This program sunsets on September 25, 2021.
The CRB, introduced on September 27, 2020, provides $500 per week to workers who do not qualify for EI, who earned at least $5,000 in 2019 or 2020 and who are unable to return to work or had their income reduced by at least 50% due to COVID-19. The program will last for one year.
Claimants will need to repay $0.50 of the benefit for each dollar of their annual income above $38,000 in the calendar year, up to a maximum of the amount of benefit they received. The $38,000 threshold will not include amounts received under the benefit. The benefit will be taxable.
In February, the program was amended to increase the maximum number of weeks for which the CRB can be claimed from 26 to 38 weeks.
This private member’s bill would amend the Income Tax Act and the Canada Student Financial Assistance Act so that students enrolled in a designated educational institution with a Disability Tax Credit (DTC) certificate will receive a grant equal to their annual tuition fees. It is assumed that the bill will come into effect on August 2021, the start of the 2021-22 loan year.
Certain foreign-based sellers store goods in warehouses within Canada in anticipation of the goods being sold to buyers located in Canada. Once an item is purchased, it is shipped from the warehouse to the buyer. While GST is paid on the wholesale value of the good when it is imported into Canada, GST is not necessarily collected on the gap between the wholesale value and the final price of the good. The proposed measure would ensure that GST is collected on this price gap.
If a seller is registered to collect GST, the seller themselves would be responsible for collecting GST on the final price. If a seller is not registered but they sell through a distribution platform, the platform would be responsible for collecting GST on the final price on behalf of the seller.
This policy would come into effect on July 1, 2021.
Starting in 2021–2022, the government will invest an additional $606 million over five years to allow the Canada Revenue Agency (CRA) to combat tax evasion and aggressive tax avoidance. Specifically, the CRA will hire additional offshore-focused auditors to focus on individuals who avoid taxes by hiding income and assets offshore. It will enhance the audit function targeting higher-risk tax filings, including those of high-net worth Canadians, and strengthen its ability to fight tax crimes such as money laundering and terrorist financing.
This measure would require foreign-based vendors selling digital products or services to consumers in Canada and digital marketplace platforms to register for, collect and remit the GST/HST on their taxable sales to Canadian consumers.
Estimates the cost of the Government’s commitment to provide full and fair compensation to dairy, poultry and egg producers and processors for providing increased access to domestic markets under the Canada-United States-Mexico Agreement (CUSMA).
Fall Economic Statement 2020 reiterated the Government’s commitment to compensate the supply managed sector for CUSMA but did not provide a cost estimate.
The Government of Canada proposes to spend $38.5 million over 2 years to train 4,000 personal support workers through a 6-week accelerated online program and an accompanying 4-month internship.