The federal parties took the first full day of campaigning to lay planks in their plans to revive the country's economy after months of pain from the COVID-19 pandemic, and options for covering the costs.
Canada’s top financial watchdog is questioning the feasibility of fulfilling the Liberals’ major campaign promise to plant two billion trees by 2030 in pursuit of achieving net-zero greenhouse gas emissions by 2050.
Ottawa's extension of income support for unemployed workers during the COVID-19 pandemic will tack on more than $5 billion in government spending costs, Parliament's budget watchdog says in a new report.
A new report from the parliamentary budget officer says the government may be slightly underestimating how much revenue it could receive from taxing online services like Netflix.
The Dec. 8 report by Yves Giroux concludes that the government’s decision in 2018 to purchase and run the pipeline remains a profitable move only if Ottawa doesn’t take further steps to combat climate change, and if the planet maintains its unquenchable thirst for oil.
The COVID-19 pandemic will leave a lasting scar on the Canadian economy that could produce permanent deficits, the parliamentary budget officer says in a report estimating this year's shortfall at $328.5 billion.
Opposition parties have laid out their demands for the federal Liberal government as Ottawa prepares to update Canadians on the country's finances after four months of COVID-19 — and where it expects the economy to head for the rest of the year.
A Liberal pledge to provide eight extra weeks of payments through the cornerstone benefit for people who've lost all or nearly all their work due to the COVID-19 pandemic is likely to cost the government $17.9 billion, the parliamentary budget officer says.
The federal Liberals could add billions in spending and keep federal finances sustainable over the long run, Parliament's budget watchdog says in a report that begins to set the stage for Finance Minister Bill Morneau's upcoming budget plan.