The Parliamentary Budget Officer's
two mandates
The PBO estimates the financial cost of election campaign proposals.
Cost Estimates45th General Election
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Baseline
The baseline projection and its underlying assumptions will be used to prepare financial cost estimates during the 2025 election proposal costing (EPC) period.
During the months before a federal election the Parliamentary Budget Officer (PBO) responds to requests from political parties and independent members of the House of Commons, to estimate the financial cost of election campaign proposals.
The PBO provides independent economic and financial analysis to Canada’s Parliament.
Latest
Subscribe- Additional AnalysisThis analysis presents PBO’s economic and fiscal baseline projection for the 2025 election proposal costing period.
Research ToolOnline tool to estimate the potential impacts on federal budgetary revenues that would arise from adjusting various federal tax rates, credits, and brackets.- Additional AnalysisThis update of the Personnel Expenditure Analysis Tool incorporates data from the 2023-2024 fiscal year.
Research ToolThe government’s largest operating cost is its staff – personnel spending accounts for roughly 60 per cent of federal government’s operating costs. This interactive tool allows users to compare trends across time for overall government spending or a single department.- Additional AnalysisThis note addresses misstatements in the media related to the PBO’s March 12 report, Impact Assessment of the Oil and Gas Emissions Cap.
- ReportThis 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.
Research ToolThis tool is designed to provide an estimate of the interest costs resulting from new policy proposals and budgetary measures.- Legislative Costing NoteBill 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.
- ReportThis 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.
- Additional AnalysisCanada 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.
The Parliamentary Budget Officer (PBO) is an agent of Parliament. The PBO provides independent economic and financial analysis to the Senate and House of Commons, analyzes the estimates of the government and, if requested, estimates the financial cost of any proposal over which Parliament has jurisdiction.
Parliamentary Business
Committee Appearances
The PBO’s appearances before committees of the Senate or House of Commons and selected publications relating to the subject of the appearance are listed in this section.
National Finance
Government Operations and Estimates
Report
This report provides a detailed analysis of the Government’s second Supplementary Estimates for the 2024-25 fiscal year, which seeks Parliament’s approval of $21.6 billion.
National Finance
Report
This report provides a detailed analysis of the Government’s second Supplementary Estimates for the 2024-25 fiscal year, which seeks Parliament’s approval of $21.6 billion.