We all know there's a huge price tag attached to climate change, and economic costs associated with slow-walking our response to it. So why do some economists keep pretending otherwise?
The federal government is working with a national gun industry organization to figure out how to compensate retailers that stock prohibited firearms, Public Safety Minister Marco Mendicino says.
The new federal budget shows the government's dental-care insurance program is projected to cost more than double what the Liberals originally thought, adding another $7.3 billion over five years.
Parliamentary budget officer Yves Giroux told members of Parliament on Monday, November 28, 2022, that the federal government did not show fiscal restraint in its recent fall economic statement.
Secret reports the federal government is relying on to argue the Trans Mountain pipeline expansion is commercially viable are based on the unrealistic assumption the pipeline will operate for 100 years, Canada’s financial watchdog told Canada’s National Observer.
The latest analysis by the Parliamentary Budget Officer, released Wednesday, shows the net present value of the pipeline is negative $600 million, leaving it worth about $1.2 billion less than the PBO's estimate in December 2020.
The parliamentary budget officer says the federal government would need to spend an additional $75.3 billion on defence over the next five years for Canada to reach NATO’s target of two per cent of GDP.
