The PBO’s fiscal model includes a federal personnel spending module. This module has been enhanced to provide a more detailed framework regarding in-year personnel changes across federal organizations, including characteristics such as employment tenure. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/e79d285fd3dae56a0f548b5e3116f9202c18510cc1b5a4c7778d32e7451e85f1)| Office of the Parliamentary Budget Officer
This report provides projections of household formation and the housing stock in Canada over the next ten years. The report also provides an estimate of the housing gap in 2035 at the national level based on the total vacancy rate. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/76b9921a33940fcbab10d225b2815ad5bb757c5b291a92d915d50e5730f0850f)| Office of the Parliamentary Budget Officer
Information about the current long-term capital spending plan for the Canadian Coast Guard. Fisheries and Oceans Canada| Office of the Parliamentary Budget Officer
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The PBO provides independent economic and financial analysis to Canada's Parliament.| www.pbo-dpb.ca
Capital Investment 101| Office of the Parliamentary Budget Officer
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Request to provide permission for the Office of the Chief Actuary to release its models and model outputs used in the most recent actuarial valuation of the Veteran’s disability and other future benefits (as in Vol. 1, Table 6.26 of the 2024 Public Accounts) to the PBO. Veterans Affairs Canada| Office of the Parliamentary Budget Officer
Request to provide permission for the Office of the Chief Actuary to release its models and model outputs used in the most recent actuarial valuation of the Royal Canadian Mounted Police Disability and Other Future Benefits (as in Vol. 1, Table 6.26 of the 2024 Public Accounts) to the PBO. Royal Canadian Mounted Police| Office of the Parliamentary Budget Officer
This additional analysis provides details on actual and planned full-time equivalents reported in the 2025-26 Departmental Plans.| Office of the Parliamentary Budget Officer
Information from the CMHC Repeat Sales Price Index and from the June 2025 “Canada’s housing supply shortages: moving to a new framework” report. Canada Mortgage and Housing Corporation| Office of the Parliamentary Budget Officer
The agreement signed with British Columbia under the Canada Housing Infrastructure Fund. Housing, Infrastructure and Communities Canada| Office of the Parliamentary Budget Officer
The Housing Accelerator Fund (HAF) is allocated $4.44 billion over 5 years. Under the HAF, CMHC has committed $4.37 billion in funding towards 230 agreements with sub-national governments. Under these agreements, sub-national governments have agreed to undertake a variety of housing initiatives towards an aggregate target of supplying 112,000 more housing units by 2028 than would have otherwise been created. Very little of the funding allocated under the HAF was spent in its first year. Juris...| Office of the Parliamentary Budget Officer
The Canada Housing Infrastructure Fund (CHIF) is allocated $5.7 billion over 10-years. Funding ramps up over 6 years, reaching a peak of $972 million in planned spending in 2029-30. Funding was initially allocated primarily to the provincial and territorial agreements stream. However, agreements have not yet been signed with three of Canada’s largest provinces and if agreements are not signed, the $3.0 billion in HICC funding allocated for these provinces would be reallocated to the direct ...| Office of the Parliamentary Budget Officer
The PBO estimates that the Canada Infrastructure Bank (CIB) will disburse $14.9 billion by 2027-28, compared to its target of $35 billion by that year. By 2029-30, the CIB will disburse $20.7 billion. However, the CIB has already met its target of $1 billion for Indigenous investments. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/b053bf2c36478fdeea90a43530335af142e709a6bd74ec2a3543562434d89f76)| Office of the Parliamentary Budget Officer
A detailed description of the updated NATO military spending target of 5 percent of GDP. National Defence| Office of the Parliamentary Budget Officer
This note summarizes the impact of reducing the lowest federal marginal tax rate over a five-year period. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/91f2192c51eb5e3d01308a8304f38d8229010df13780894db19694589e4d781f)| Office of the Parliamentary Budget Officer
A detailed breakdown of the constituent elements of the portion the Department of National Defence requested through Supplementary Estimates (A), 2025-26. National Defence| Office of the Parliamentary Budget Officer
This additional analysis provides details on Supplementary Estimates (A) and how sought authorities relate to the National Defence portfolio.| Office of the Parliamentary Budget Officer
This additional analysis provides details on the requirements and use of Governor General’s Special Warrants as a result of the 2025 General Election.| Office of the Parliamentary Budget Officer
Bill C-4 (45th Parl. 1st Sess.) proposes to introduce a new GST rebate for first-time home buyers. This analysis provides our estimate of the cost of that proposal and outlines the underlying model. The underlying model is the same model used for Election Platform Costing Estimates [EL-45-1025502-P](https://www.pbo-dpb.ca/en/epc-estimates--estimations-cpe/45/EL-45-1025502-P) and [EL-45-1034656-P](https://www.pbo-dpb.ca/en/epc-estimates--estimations-cpe/45/EL-45-1034656-P). [PDF](https://distr...| Office of the Parliamentary Budget Officer
Based on recent policy developments, this note provides updated estimates of how the relative ownership costs of zero-emission vehicles (ZEVs) and internal combustion engine (ICE) vehicles may need to adjust to meet the ZEV sales targets under the Electric Vehicle (EV) Availability Standard by 2030.| Office of the Parliamentary Budget Officer
This report outlines a model developed to project other excise tax and duty revenues as part of the Economic and Fiscal Outlook (EFO). It is intended to help Parliamentarians understand the components of other excise tax revenues and their impact on budgetary revenues. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/5251b7ccca94790cdc172d7aa8d914db1c1adda74f460def7953703319df9c1c)| Office of the Parliamentary Budget Officer
The Canada Disability Benefit (CDB) will provide monthly payments of up to $200 (indexed to inflation) to individuals with disabilities aged between 18 and 64. The amount will vary based on the income and marital status of the recipients and their spouses, if applicable. Eligibility for the benefit begins in June 2025, with payments starting in July 2025. The PBO estimates that this measure will cost $6.5 billion from 2025-26 to 2029-30. [PDF](https://distribution-a617274656661637473.pbo-dpb....| Office of the Parliamentary Budget Officer
This report examines the federal government’s Expenditure Plan and Main Estimates for 2025-26, which supports the appropriation bill that seeks Parliament’s approval of $222.9 billion in budgetary authorities. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/ad221c6731c047e49f0dfbe99f9da113e49e3e731c26b5a80c5f2ebe225e801e)| Office of the Parliamentary Budget Officer
Green Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/8e4ae73d9a092255ff2c27532478270ff42367a7063c39126cc6cde58ad84c3d| Office of the Parliamentary Budget Officer
Green Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/0ad500106c7ab54d390524df7f2b1c11e8a49beb658f742943365bd0954ce881| Office of the Parliamentary Budget Officer
Green Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/3f74e409c94c18a8e20315b8adb02c9b3f4ec790bcdf20b7d5ebd9a8767a253f| Office of the Parliamentary Budget Officer
Green Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/602569a2c343822b235c569e0742fb44f0a43a574768bf355c4fc853ac0f64b2| Office of the Parliamentary Budget Officer
Bloc Québécois https://distribution-a617274656661637473.pbo-dpb.ca/756c62470a76a37b4c99a70cdbe5fb438d7fa8f9eaafbb1322950b33ab519a54| Office of the Parliamentary Budget Officer
Bloc Québécois https://distribution-a617274656661637473.pbo-dpb.ca/da7910cf844e91987b294f8c3228f0052404ee882a23600f17b11149728f06dc| Office of the Parliamentary Budget Officer
Bloc Québécois https://distribution-a617274656661637473.pbo-dpb.ca/b81bfd7745574f27706be7f8ae81217c53f6d502c3afe6d021b83db288234722| Office of the Parliamentary Budget Officer
Conservative Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/6a244bd43beaed3a86f51766b10a1e7890e112bb2ebb5e83346d709708b7cec2| Office of the Parliamentary Budget Officer
Conservative Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/6a31824035f3e81132c8c9798adbcc91fbb03a215de79a01350773cf29593c83| Office of the Parliamentary Budget Officer
Conservative Party of Canada https://distribution-a617274656661637473.pbo-dpb.ca/9fa88645611c8c3c5c1e6f7de8c6f46f6cceeeb4ee3973927694ebc921eac90f| Office of the Parliamentary Budget Officer
This analysis presents PBO’s economic and fiscal baseline projection for the 2025 election proposal costing period.| Office of the Parliamentary Budget Officer
This update of the Personnel Expenditure Analysis Tool incorporates data from the 2023-2024 fiscal year.| Office of the Parliamentary Budget Officer
This note addresses misstatements in the media related to the PBO’s March 12 report, Impact Assessment of the Oil and Gas Emissions Cap.| Office of the Parliamentary Budget Officer
This report provides an assessment of the potential economic impact of the Government’s proposed regulations to cap greenhouse gas emissions from the oil and gas sector. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/358b401ed3917bcd74e3ca14f50c15330e69f860a6fc4499ff1d59dc1b4bdda6)| Office of the Parliamentary Budget Officer
Bill C-410 proposes to amend the Income Tax Act by excluding a campground business from the definition of a specified investment business. The PBO estimates that the measure will lower corporate income tax revenues by $28 million from 2024-25 to 2028-29. The measure is assumed to take effect on April 1, 2025. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/e96433760c81e6be7d5e80528809156ccaf112a36d2a674cb797f377c456a06c)| Office of the Parliamentary Budget Officer
This report examines how the Canada Pension Plan (CPP) enhancements from 2019 to 2025 affected the Public Service Pension Plan (PSPP). The Parliamentary Budget Officer (PBO) commissioned the Office of the Chief Actuary (OCA) to compare the PSPP’s actual contribution rates with a hypothetical scenario that fully integrated each stage of the enhanced CPP. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/6cf7a4d23fc143b4218698a4a3bd4dc3649e7fc8b4f059e96fd310ee8f4f8c61)| Office of the Parliamentary Budget Officer
Canada lacks reliable data to understand the size and evolution of its social housing stock. The best available data suggests that Canada has roughly 600,000 to 700,000 units of social housing and that this has been relatively stable over the last 30 years. Although Canada’s social housing stock was largely built prior to 1994, the federal spending that enabled these units was provided through operating agreements that spanned the subsequent decades.| Office of the Parliamentary Budget Officer
This costing estimates the revenue that would be foregone if the Goods and Services Tax (GST) were removed from funeral-related expenses, regardless of whether the tax was charged as part of Harmonized Sales Tax (HST) or separately. The costing also assumes that the policy change would have come into effect on January 1, 2025. [PDF](https://distribution-a617274656661637473.pbo-dpb.ca/b980db29e7317354eb22db6a7bbf4ae8adefb44a343eb074fa3c6fb8405de2a8)| Office of the Parliamentary Budget Officer
Bill C-401 (44-1) proposes to increase the Northern Residents Deduction. It would increase the basic residency amount to $13.00/day for residents in both intermediate and northern zones starting in 2025 and would index this amount to inflation for subsequent years. Bill C-401 would also eliminate the discounting of travel amounts for residents in intermediate zones. We estimate that Bill C-401 would reduce federal personal income tax revenues by $935 million from 2024-25 to 2028-29. [PDF](htt...| Office of the Parliamentary Budget Officer
Bill C-71 aims to amend the Citizenship Act, conferring citizenship by descent to those born outside Canada, whether in the first or subsequent generations, before or after the bill's enactment, provided they have a Canadian citizen parent who meets specific criteria. Additionally, it extends citizenship under section 5.1 of the Act to anyone born abroad and adopted by a Canadian citizen parent, regardless of when the adoption occurred, as long as certain conditions are met. The bill also rei...| Office of the Parliamentary Budget Officer
Bill C-78 introduces amendments to the Excise Tax Act to implement a temporary GST/HST holiday between December 14, 2024, and February 15, 2025. The proposed list of exempt items includes certain groceries, restaurant meals, drinks, snacks, children’s clothing, and gifts. PBO estimates this measure will reduce federal revenues by $1.5 billion in 2024-25. PBO also examined the potential impact of the Bill on federal compensation to provincial governments that collect the Harmonized Sales Tax...| Office of the Parliamentary Budget Officer
This note is an update to the cost estimate published on June 17, 2024, which contains a revision and improvement to the calculation of the breakdown of total cost between the different types of alcohol. It also incorporates more recent Consumer Price Index (CPI) data and forecast which slightly reduces the total cost over five years. Lastly, it now provides a breakdown of the cost between foregone excise duty revenue and foregone GST revenue. [PDF](https://distribution-a617274656661637473.pb...| Office of the Parliamentary Budget Officer
On October 1, 2024, the federal government implemented a 100 per cent surtax on Chinese-made electric vehicles (EVs) imported into Canada. The federal government also implemented a 25 per cent surtax on imports of steel and aluminum products from China starting on October 22, 2024. On October 18th, federal government launched the process to request remission of surtaxes on EVs and steel and aluminum imported from China under specific circumstances. The Parliamentarian Budget Officer (PBO) est...| Office of the Parliamentary Budget Officer
Budget 2024 introduced amendments to the Alternative Minimum Tax (AMT) calculation originally proposed in Budget 2023. Budget 2024 will allow 80 per cent of charitable donations to be excluded from the AMT tax base (up from the originally proposed 50 per cent). It will also allow certain new deductions and credits and certain previously disallowed credits to be eligible for the AMT carry-forward. In addition, it will include AMT exemptions for Employee Ownership Trusts and certain trusts for ...| Office of the Parliamentary Budget Officer
Economic developments| Office of the Parliamentary Budget Officer
