Parliamentary Budget Officer (PBO) Yves Giroux is further analyzing the federal government’s large subsidy deals made with both Volkswagen and Stellantis to incentivize the automakers to build electric-vehicle battery plants in Canada. The PBO is requesting that the Department of Industry disclose to his office a copy of the agreement letter announced earlier this month…
Feds’ Dental Care Plan to Cost More Than $10 Billion Over 5 Years: Budget Officer
The federal government’s national dental care plan—introduced as a condition of its supply and confidence agreement with the NDP—will cost more than $10 billion over the next five years, says Parliamentary Budget Officer (PBO) Yves Giroux. The Liberal government introduced its “New Canadian Dental Care Plan” as part of the 2023 budget tabled by Finance Minister…
EXPLAINER: New Clean Fuel Regulations Come Into Effect July 1 – How Much Will Gas Cost?
On the path to reaching net zero emissions by 2050, the Liberal government will impose new standards for fuel this coming July 1. Consumers are unlikely to notice an immediate difference at the pump, but there will be an incremental impact over the next few years. Environment and Climate Change Canada (ECCC) estimates that its…
Ottawa Could Speed Up Military Procurement by Reducing Ministerial Oversight: Budget Officer
The speed at which Canada obtains its military equipment following the government’s budgetary allocations could be improved significantly if Ottawa were to cut down on the number of ministers overseeing those procurements, says Parliamentary Budget Officer (PBO) Yves Giroux. Giroux told the House of Commons Standing Committee on National Defence on June 9 that the…
Atlantic Premiers Worried About Ottawa’s New Fuel Regulation’s Impact on Inflation
The premiers of Atlantic provinces are asking the federal government to delay the implementation of its new regulations on fuel, saying it will drive inflation and that their jurisdictions are disproportionately affected. “As the July 1 implementation date of the federal Clean Fuel Regulations approaches, Atlantic Premiers remain concerned about the detrimental and disproportionate impact…
Feds Ask Budget Officer Not to Release Internal Data on Public Dental Care
The federal government is asking Parliamentary Budget Officer (PBO) Yves Giroux not to publicly release internal data given him by the Department of Finance for his analysis of the New Canadian Dental Care Plan outlined in Budget 2023. Giroux wrote a letter to Finance Minister Chrystia Freeland on May 2 asking for a number of internal…
Budget Officer Probing Ottawa’s $13.8 Billion Volkswagen EV Battery Plant Deal
Parliamentary Budget Officer (PBO) Yves Giroux says his office is probing the federal government’s $13.8 billion deal with Volkswagen made to incentivize the European automaking giant to build its first overseas battery cell plant in Ontario. Giroux told The Epoch Times that his office began analyzing the expensive deal near the end of April and…
PBO’s Economic Analysis of New Fuel Regulations ‘Unbalanced’ and ‘Incomplete,’ Environment Minister Says
Environment Minister Steven Guilbeault says the recent analysis issued by Parliamentary Budget Officer (PBO) Yves Giroux on the economic impact of the federal government’s incoming Clean Fuel Regulations (CFR) is “unbalanced” and “incomplete,” adding that he disputes some of the numbers Giroux outlines in his report. “While we recognize the work of the PBO, their analysis…
Average Federal Public Servant Worth Over $125K Per Year: PBO
Federal public servants are paid an average of $125,300 per year including salary, benefits, and overtime, says Parliamentary Budget Officer (PBO) Yves Giroux, who noted the wage has risen significantly over the past fiscal year. While excluding one-time expenditures from his estimate, Giroux’s office wrote in a report published on April 4 that yearly pay per…
Average Federal Public Servant Paid Over $125K Per Year Including Benefits: PBO
Federal public servants are paid an average of $125,300 per year including salary, benefits, and overtime, says Parliamentary Budget Officer (PBO) Yves Giroux, who noted the wage has risen significantly over the past fiscal year. While excluding one-time expenditures from his estimate, Giroux’s office wrote in a report published on April 4 that yearly pay per…
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