OTTAWA—Reforms to a federal support program for provinces will nearly triple the cost to Ottawa next year, with the price tag projected to be about $4.5 billion, says Canada’s parliamentary budget officer. Yves Giroux says the government’s fiscal stabilization program, which transfers cash to provinces that experience steep year-over-year revenue drops, will increase by $2.9…
PBO Says Reformed Fiscal Stabilization Program to Cost Ottawa $4.5 Billion
January 20, 2021
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CanadaCanada economyCanada's parliamentary budget officerPBOreformed fiscal stabilization programWorldYves Giroux
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