Yves Giroux

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.

A new analysis by Parliament's budget watchdog has found that most households in provinces where the federal carbon tax applies will receive more money back in rebates than they will pay through the scheme — just not as much as projected last year.

The federal New Democrats' fiscal plan for the fall election will be shaped by estimates of how much money Ottawa loses out on each year to international tax-avoidance schemes, the party's finance critic says.

The Trudeau government faced fresh fire over its treatment of disabled veterans on Thursday, February 21, 2019, after a new analysis by Parliament's budgetary watchdog found an incoming system of benefits will shortchange some of the most severely injured former service members.

The parliamentary budget watchdog is projecting the federal deficit this fiscal year will come in $2.1 billion lower than the Liberals have predicted.

Asylum-seekers who entered Canada irregularly last year will cost federal organizations $340 million — an amount projected to balloon to almost $400 million for migrants who arrive in 2019, the federal budget watchdog says.

Parliament's spending watchdog has put a price tag around talks to extend the Canada Emergency Response Benefit, estimating it could potentially double the current $60-billion budget.