Tags » Parliamentary Budget Office

Canadian Forces unaffordable in its current form, says Parliamentary Budget Office

The Harper government has built a military that it cannot afford and will be forced to make tough choices about in the future, writes Murray Brewster… 564 more words

Defence Watch

Income splitting to cost Canada $2.2B and have 'near zero' impact on low-income households, PBO report says

Prime Minister Stephen Harper’s plan to allow families with children to split incomes for tax purposes will cost Canada’s government $2.2 billion this year while having a “near zero” impact on low-income households, a new report from the country’s budget watchdog says. 277 more words

Economy

Parliament lost scrutiny of borrowing in omnibus budget bill

Parliament used to annually review the billions of dollars the government borrowed until it unwittingly gave away that power in a clause buried in a budget bill that went unnoticed until it was too late. 1,125 more words

National

Parliamentary Budget Office sounds warning over billions in federal lending

Canada’s budget watchdog is studying the “prodigious” growth of federal lending through Crown corporations and other agencies, now totalling more than $200 billion, with little scrutiny from public servants or Parliament. 858 more words

National

Q&A: The Parliamentary Budget Officer on why his office needs more teeth (with video)

After months of delay, the government released its estimate of the Iraq mission’s cost last week, just before a report on the subject was made public by Parliamentary Budget Officer Jean-Denis Fréchette.  885 more words

National

Budget watchdog rips DND for keeping cost of Iraq mission secret

Canada’s budget watchdog slammed defence officials Friday for refusing to divulge the cost of the Iraq combat mission.

In a succinct letter, Parliamentary Budget Officer Jean-Denis Fréchette took aim at the deputy defence minister, Richard Fadden, for saying the military’s cost estimate for the six-month airstrike is a cabinet confidence. 332 more words

National

Joe Oliver defends using study by small business group on EI premium cuts

OTTAWA — Finance Minister Joe Oliver on Wednesday defended his department’s reliance on an independent analysis of planned employment insurance changes, even though he admitted the organization was “a lobby group” for small businesses. 338 more words

Economy