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Beware rising interest rates.
There will be half a million new weed-tokers in Canada after legalization, PBO says.
NDP leader Tom Mulcair and Guy Caron, the party's finance critic, have written to Prime Minister Justin Trudeau to express concern about what the New Democrats describe as "inappropriate meetings" bet...
Tax cut delay will cost 1,240 jobs, PBO says.
The report says storms, hurricanes and floods are driven in part by climate change.
The dimming economy is not the only challenge facing Finance Minister Bill Morneau.
Penguin Random House Canada
Currently, federal finance officials keep their internal forecasts secret.
My relationship with several key people in the Harper government was -- "interesting." But when I took the job as Canada's first parliamentary budget officer, I never envisioned the PBO as being involved in an "us versus them" dynamic. We were in our office to serve parliamentarians who had reasonable requests for costing or other fiscal information. But the relationship that had developed between our office and the ruling Conservative party was, to put it mildly, somewhat strained.
“I told them, ‘Yeah, there are repercussions when you put out a document that is thin. You put Mr. Mulcair on the spot.'"
OTTAWA - A new report is warning that the net debt of the country's provinces, territories and municipalities is on an unsustainable path with health spending set to accelerate along with the aging po...
OTTAWA - The Harper government has built a military that it cannot afford and will be forced to make tough choices in the future, if it sticks with the current funding envelope, the country's budget w...
OTTAWA - The parliamentary budget officer says Canadian foreign aid spending is set to plunge to record lows in the coming years, prompting pleas to the Harper government to halt the slide.The PBO rep...
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OTTAWA - There's a fresh spat brewing between the Parliament's top bean counter and the Conservative government, this time over Arctic patrol ships.Parliamentary budget officer Jean-Denis Frechette sa...
Given the country's high unemployment, the Conservatives' small business tax credit comes at a bad time. That's because it's bound to cost the Canadian economy 10,000 jobs in the long term.