[{"label":"Home","url":"https:\/\/www.pbo-dpb.ca\/en"},{"label":"Team","url":"https:\/\/www.pbo-dpb.ca\/en\/staff--equipe","section":{"id":1,"title_en":"About","title_fr":"\u00c0 propos"}},{"label":"Albert Kho","url":"https:\/\/www.pbo-dpb.ca\/en\/staff--equipe\/albert-kho","section":{"id":1,"title_en":"About","title_fr":"\u00c0 propos"}}]

Albert Kho

Analyst

Albert is an Analyst at the Office of the Parliamentary Budget Officer. He holds an MA in Economics from the University of British Columbia, and both a BA in Economics and a BSc in Actuarial Science from Simon Fraser University located in Burnaby, British Columbia.

Prior to joining the OPBO, he has worked in Research and Teaching Assistant positions at both UBC and SFU. Professionally, he has worked at the Insurance Corporation of British Columbia as an Actuarial Assistant.

Latest publications

{"id":"RP-2425-018-S","is_published":"2024-10-17T12:57:02.000000Z","release_date":"2024-10-17T13:00:00.000000Z","title_en":"Economic and Fiscal Outlook \u2013 October 2024","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2013 octobre 2024","internal_id":"RP-2425-018-S","metadata":{"abstract_en":"This report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings.","abstract_fr":"Le pr\u00e9sent rapport fournit une projection de r\u00e9f\u00e9rence pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et budg\u00e9taires possibles dans le cadre des politiques actuelles.","highlights":[{"content":{"en":"PBO projects growth in the Canadian economy to remain tepid in 2024. Interest rates will continue to restrain growth in consumer spending and business investment. We expect real GDP growth will rebound to 2.2 per cent in 2025, as lower borrowing costs provide a boost to consumer spending and business investment, and exports pickup.","fr":"Le DPB pr\u00e9voit que la croissance de l\u2019\u00e9conomie canadienne demeurera modeste en 2024. Les taux d\u2019int\u00e9r\u00eat continueront de freiner la croissance des d\u00e9penses de consommation et des investissements des entreprises. Nous nous attendons \u00e0 ce que la croissance du produit int\u00e9rieur brut (PIB) r\u00e9el rebondisse \u00e0 2,2 % en 2025, car la baisse des co\u00fbts d\u2019emprunt stimule les d\u00e9penses de consommation et les investissements des entreprises, et encourage la reprise des exportations."}},{"content":{"en":"With the ongoing excess supply in the economy, consumer price index (CPI) inflation is on track to return to its 2 per cent target. We anticipate the Bank of Canada will continue to gradually reduce its policy rate until it reaches its estimated neutral level of 2.75 percent in the second quarter of 2025.","fr":"Compte tenu de l\u2019offre exc\u00e9dentaire persistante au sein de l\u2019\u00e9conomie, l\u2019inflation mesur\u00e9e par l\u2019Indice des prix \u00e0 la consommation est en voie de revenir \u00e0 sa cible de 2 %. Nous pr\u00e9voyons que la Banque du Canada continuera de r\u00e9duire progressivement son taux directeur jusqu\u2019\u00e0 ce qu\u2019il atteigne son niveau neutre estim\u00e9 \u00e0 2,75 % au deuxi\u00e8me trimestre de 2025."}},{"content":{"en":"We estimate that there was a budgetary deficit of $46.8 billion (1.6 per cent of GDP) in 2023-24. For the current fiscal year, 2024-25, PBO projects the budgetary deficit to slightly decline to $46.4 billion (1.5 per cent of GDP) under status quo policy. Assuming no new measures are introduced, and existing temporary measures sunset as scheduled, the deficit is projected to resume its downward trajectory, falling to $22.5 billion (0.6 per cent of GDP) in 2029-30.","fr":"Nous estimons qu\u2019il y avait un d\u00e9ficit budg\u00e9taire de 46,8 milliards de dollars (1,6 % du PIB) en 2023-2024. Pour l\u2019exercice financier en cours, soit 2024-2025, le DPB pr\u00e9voit que le d\u00e9ficit budg\u00e9taire diminuera l\u00e9g\u00e8rement \u00e0 46,4 milliards de dollars (1,5 % du PIB) dans le cadre d\u0027une politique de statu quo. En supposant qu\u2019aucune nouvelle mesure ne soit prise et que les mesures temporaires existantes prennent fin comme pr\u00e9vu, le d\u00e9ficit budg\u00e9taire devrait revenir sur sa trajectoire descendante et passer \u00e0 22,5 milliards de dollars (0,6 % du PIB) en 2029-2030."}},{"content":{"en":"PBO expects the federal debt-to-GDP ratio to be 42.2 per cent in 2023-24 and 2024-25. Assuming no new measures and existing temporary measures sunset as scheduled, the federal debt ratio is projected to fall to 39.0 per cent in 2029-30, well above its pre-pandemic level of 31.2 per cent of GDP in 2019-20.","fr":"Le DPB pr\u00e9voit que le ratio de la dette f\u00e9d\u00e9rale au PIB restera \u00e0 42,2 % en 2024-2025. En supposant qu\u2019aucune nouvelle mesure ne soit prise et que les mesures temporaires existantes prennent fin comme pr\u00e9vu, le ratio de la dette f\u00e9d\u00e9rale devrait atteindre 39,0 % en 2029-2030, ce qui est bien sup\u00e9rieur \u00e0 son niveau d\u2019avant la pand\u00e9mie, qui \u00e9tait de 31,2 % du PIB en 2019-2020."}},{"content":{"en":"PBO projects the debt service ratio (that is, public debt charges relative to total revenues) to rise to 10.6 in 2024-25 from 10.3 per cent in 2023-24. As the effective interest rate on debt edges higher in 2024-25, we project the debt service ratio to increase further and reach 11.2 per cent in 2029-30\u2014well above its pre-pandemic record low of 7.0 per cent in 2018-19.","fr":"Le DPB pr\u00e9voit que le ratio du service de la dette (soit le rapport entre les frais de la dette publique et les recettes totales) passera \u00e0 10,6 % en 2024-2025, alors qu\u2019il s\u2019\u00e9tablissait \u00e0 10,3 % en 2023-2024. Comme le taux d\u2019int\u00e9r\u00eat effectif sur la dette est l\u00e9g\u00e8rement plus \u00e9lev\u00e9 en 2024-2025, nous pr\u00e9voyons que le ratio du service de la dette augmentera encore et qu\u2019il atteindra 11,2 % en 2029-2030, soit bien au dessus de son creux record de 7,0 % enregistr\u00e9 avant la pand\u00e9mie en 2018-2019."}}]},"updated_at":"2024-10-17T12:57:02.000000Z","type":"RP","slug":"RP-2425-018-S--economic-fiscal-outlook-october-2024--perspectives-economiques-financieres-octobre-2024","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-018-S--economic-fiscal-outlook-october-2024--perspectives-economiques-financieres-octobre-2024","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-018-S--economic-fiscal-outlook-october-2024--perspectives-economiques-financieres-octobre-2024"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-018-S--economic-fiscal-outlook-october-2024--perspectives-economiques-financieres-octobre-2024","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-018-S--economic-fiscal-outlook-october-2024--perspectives-economiques-financieres-octobre-2024"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/78ce079f881ed107be7389eca371c9c0b21752840065265538f30a75466327d0"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/17e763792632c01620f1be9013979a56278f652c6ac6c3bbbffdfa5c47ba76e7"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2227ae47016244d7fee6979ff55819dcb53a12859eb1cad58eda51e4e02693eb","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f6cc3cc16c055321966c155117bd8575a3b39b5a111db7d24b971fc55f4fae72","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d94c00f588acaf2837e7f7fe9a8074d6d18a092766ac0c0381446bb6bea46cbe","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/71a466f30c420eaa90bc7d53c42a853930242594d1e357e88c47619b3ec85f78","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5d029a2ada90cd0b8ad1e0ff0670fb2699006a85fa494976d25b358ca06e04b5","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/40e014410224941454565d72f05e42781305917f04385a6f96fb9d73cf1f5b99","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0014eeb7527086482703320a87481ebaa58838710c878ba50e918d40eb36e001","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/27a7b5cf8a2a9d6030896935105ed5322d03659942d6302299f901dd4d5e7b58"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9cc31e3071cdd2ed8031d0508f7bc7c32f9d24e16c1a5716cc5036aec5d1e27e","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bfdd900a0556836b9c37ce2d272d4ab95b075b4f98e79a55f074bd172129b6a4","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3ef5173adc96a6755a37f3c3423399dc6cd7a0d0d73ad634770a2f17dea8cb04","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4319f07362f23fde8ef5e89ccdd7db90da89fb7088461604dbd28401aa679049","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/16b425b08a6ab3f885215e818f5651d3d1b0a01985d4a7504d6ef10bf16377f3","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a4939d014cfac1a212b106edcb9bbf9c511a4b918191acdf339ca50675152ff8","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c8edc32eaeb43dd766d9732cc6bd78b5b41317afa461077c610a17a27d116b54","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/eb1d8dc3dfc3f1729604a2d931f6ee96539be90eac2b435efcc202ad1d019963"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2425018S,\n author={Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Elmarzougui, Eskandar and Kho, Albert and Laurin, Marianne and McGoey, Matthew and Michalyshyn, Katarina and Nahornick, Nora and Nicol, Caroline and Robert-Lacroix, Ulysse and Stanton, Jason and Vrhovsek, Zachary and Matier, Chris},\n title={Economic and Fiscal Outlook - October 2024},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2425018S,\n author={Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Elmarzougui, Eskandar and Kho, Albert and Laurin, Marianne and McGoey, Matthew and Michalyshyn, Katarina and Nahornick, Nora and Nicol, Caroline and Robert-Lacroix, Ulysse and Stanton, Jason and Vrhovsek, Zachary and Matier, Chris},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - octobre 2024},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2425-014-S","is_published":"2024-08-28T12:57:06.000000Z","release_date":"2024-08-28T13:00:00.000000Z","title_en":"Fiscal Sustainability Report 2024","title_fr":"Rapport sur la viabilit\u00e9 financi\u00e8re de 2024","internal_id":"RP-2425-014-S","metadata":{"abstract_en":"This report provides PBO\u2019s assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans.","abstract_fr":"Dans le rapport qui suit, le DPB pr\u00e9sente son \u00e9valuation de la viabilit\u00e9 financi\u00e8re \u00e0 long terme du gouvernement f\u00e9d\u00e9ral, des administrations infranationales et des r\u00e9gimes de retraite g\u00e9n\u00e9raux.","highlights":[{"content":{"en":"From the perspective of the total general government sector, that is federal and subnational governments and public pension plans combined, current fiscal policy in Canada is sustainable over the long term. Relative to the size of the Canadian economy, total general government net debt is projected to decline steadily over the long term due to fiscal room at the federal level and to rising net asset positions in the public pension plans.","fr":"En ce qui concerne le secteur des administrations publiques consid\u00e9r\u00e9es comme un tout, c\u2019est-\u00e0-dire le gouvernement f\u00e9d\u00e9ral, les administrations infranationales et les r\u00e9gimes de retraite g\u00e9n\u00e9raux pris ensemble, la politique budg\u00e9taire actuelle au Canada est viable \u00e0 long terme. Par rapport \u00e0 la taille de l\u2019\u00e9conomie canadienne, la dette publique g\u00e9n\u00e9rale nette devrait diminuer progressivement \u00e0 long terme en raison de la marge de man\u0153uvre financi\u00e8re au niveau f\u00e9d\u00e9ral et de l\u2019am\u00e9lioration de la situation de l\u2019actif net des r\u00e9gimes de retraite publics."}},{"content":{"en":"Current fiscal policy at the federal level is sustainable over the long term. We estimate that the federal government could permanently increase spending or reduce taxes by 1.5 per cent of GDP ($46 billion in current dollars, growing in line with GDP thereafter) while maintaining fiscal sustainability.","fr":"La politique budg\u00e9taire f\u00e9d\u00e9rale actuelle est viable \u00e0 long terme. Nous estimons que le gouvernement f\u00e9d\u00e9ral pourrait augmenter ses d\u00e9penses ou r\u00e9duire les imp\u00f4ts de 1,5 % du PIB (46 milliards de dollars en dollars courants, augmentant par la suite au rythme du PIB) tout en demeurant viable sur le plan budg\u00e9taire."}},{"content":{"en":"For the subnational government sector, which includes provincial-territorial, local and Indigenous governments, current fiscal policy is sustainable over the long term. Under current policy, projected subnational government revenues and program spending are sufficient to keep the subnational government net debt-to-GDP ratio below its 2023 level over the 75-year projection horizon.","fr":"Pour ce qui est des administrations infranationales, qui comprennent les administrations provinciales-territoriales, locales et autochtones, les politiques budg\u00e9taires actuelles sont viables \u00e0 long terme. Selon la politique actuelle, les revenus et les d\u00e9penses de programmes pr\u00e9vus des administrations infranationales sont suffisantes pour maintenir le ratio de la dette nette par rapport au PIB des administrations infranationales en dessous de son niveau de 2023 pour l\u2019horizon de 75 ans."}},{"content":{"en":"The current structure of the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) is sustainable over the long term. Under the current structure of the plans, projected contributions and benefits are sufficient to ensure that the net asset-to-GDP position is above its 2023 value after 75 years.","fr":"La structure actuelle tant du R\u00e9gime de pensions du Canada (RPC) que du R\u00e9gime de rentes du Qu\u00e9bec (RRQ) est viable \u00e0 long terme. Avec la structure actuelle des r\u00e9gimes, les cotisations et les prestations pr\u00e9vues sont suffisantes pour garantir que la position nette de l\u2019actif par rapport au PIB est sup\u00e9rieure \u00e0 sa valeur de 2023 apr\u00e8s 75 ans."}}]},"updated_at":"2024-08-28T15:28:11.000000Z","type":"RP","slug":"RP-2425-014-S--fiscal-sustainability-report-2024--rapport-viabilite-financiere-2024","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-014-S--fiscal-sustainability-report-2024--rapport-viabilite-financiere-2024","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-014-S--fiscal-sustainability-report-2024--rapport-viabilite-financiere-2024"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-014-S--fiscal-sustainability-report-2024--rapport-viabilite-financiere-2024","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-014-S--fiscal-sustainability-report-2024--rapport-viabilite-financiere-2024"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/17e59c636036ab66462ec8f935c66672f417b0049e135c8a3fee279aa33b719e"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/c929dc790c39be70bbf68c688da0acdd6b2e82dff8431f93c42da807d132334f"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5745fff800723f9c46c24f4b335cb13d575250429408f880e64e393aa3241d15","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ac93ab2effb4ce8c070e641ad683a41f407cacc359cf087ca670b846167dd229","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/48d912c1374f66cdecec0570edee2b59af4dcecbb0269636e83229de1eb2b941","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b5ba91d53481df7da8b586481597c7dc5ff28e32962636737bb093212ec0d48b","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f846338280998ff698a07f89abf9f2af88df3c9537f4ca6a35124b6062d21041","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b82e08bf27188b942f2d746679992d10934af4343f85074ebc189f0bd9da2b8c","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7e03b9657c21d3042718f574a236fe9bd1008b945313f744cdbf724c35d9a9b8","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/39b91dc5dcfc0e2d23a96d1babced62c2c4fa5319c735c35a6570d6444ed08f4"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/aa1c5147ce20f3aa9dd4d014350fddc50a7f6c45de2434f44cbf7a55da88b7ac","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9f2de4edc248bf1f9981090de3bfb30d24a6bdd0ee8999d3fff1059c64fff804","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/16617de4ea5dd5257bd56cec7d387842c190e781084df42e383db37d788c350f","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a1a70b33a7631777879323744d8f4b035cebd9dff99653c6052d5f7a46b80130","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dd236d1ec5b79a8e525f5c4e7c813789016882ee8462dc27a8d39d96b39d2525","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f9b79c819055adbf4c783549b1e79d5db253bce2117032f06970deec8d98ac94","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2740d049ac02ffc3d99fa79442e4d9d7eea9f37e35d52ddb77004132be6054b0","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b7965b744c3a7bd2267bbebd74242b5decaaa626d0ac458fee75f5e27646b355"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2425014S,\n author={Barkova, Lisa and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Kho, Albert and Laurin, Marianne and Matier, Chris and Nahornick, Nora and Nicol, Caroline and Stanton, Jason},\n title={Fiscal Sustainability Report 2024},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2425014S,\n author={Barkova, Lisa and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Kho, Albert and Laurin, Marianne and Matier, Chris and Nahornick, Nora and Nicol, Caroline and Stanton, Jason},\n title={Rapport sur la viabilit\\\u0027{e} financi\\`{e}re de 2024},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2425-010-C","is_published":"2024-06-28T12:57:05.000000Z","release_date":"2024-06-28T13:00:00.000000Z","title_en":"The Polar Icebreaker Project: 2024 Update","title_fr":"Le projet de brise-glaces polaires : mise \u00e0 jour de 2024","internal_id":"RP-2425-010-C","metadata":{"abstract_en":"This report provides an updated independent cost estimate of the Development and Acquisition phases of the Polar Icebreaker Project.","abstract_fr":"Ce rapport pr\u00e9sente une mise \u00e0 jour de l\u2019estimation ind\u00e9pendante des co\u00fbts des phases de d\u00e9veloppement et d\u2019acquisition relatives au projet de brise-glaces polaires.","highlights":[{"content":{"en":"The acquisition of 2 Polar Icebreakers is estimated to cost $8.5 billion. This cost includes all relevant components of the Development and Acquisition phases of the project.","fr":"L\u2019acquisition de deux brise-glaces polaires est estim\u00e9e \u00e0 8,5 milliards de dollars. Ce co\u00fbt comprend toutes les composantes pertinentes des phases de d\u00e9veloppement et d\u2019acquisition du projet."}},{"content":{"en":"The first Polar Icebreaker is expected to be delivered in 2030-2031, and the second in 2032-2033. This represents a 1 and 2 year delay for the first and second vessels, respectively, relative to prior PBO work on this Project in 2021.","fr":"Le premier brise-glace polaire devrait \u00eatre livr\u00e9 en 2030-2031 et le deuxi\u00e8me, en 2032-2033. C\u2019est, respectivement, un an et deux ans plus tard que ce qui \u00e9tait pr\u00e9vu lorsque le DPB s\u2019est pench\u00e9 sur ce projet pour la premi\u00e8re fois, en 2021."}},{"content":{"en":"A one-year delay to both vessels is estimated to cost an additional $260 million while a two-year delay is estimated to cost an additional $530 million.","fr":"Pour les deux navires, un retard d\u2019un an entra\u00eenerait un co\u00fbt suppl\u00e9mentaire de 260 millions de dollars, et un retard de deux ans entra\u00eenerait un co\u00fbt suppl\u00e9mentaire de 530 millions de dollars."}}]},"updated_at":"2024-06-28T16:04:57.000000Z","type":"RP","slug":"RP-2425-010-C--polar-icebreaker-project-update--projet-brise-glaces-polaires-mise-jour-2024","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-010-C--polar-icebreaker-project-update--projet-brise-glaces-polaires-mise-jour-2024","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-010-C--polar-icebreaker-project-update--projet-brise-glaces-polaires-mise-jour-2024"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-010-C--polar-icebreaker-project-update--projet-brise-glaces-polaires-mise-jour-2024","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-010-C--polar-icebreaker-project-update--projet-brise-glaces-polaires-mise-jour-2024"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/d990f39403c8989b774f6849a33ac0383c7bfa1aef6db079d95a626e454b2124"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/c4405871f59766321f1cf7f4b9011b3551ddef9a7b635c61d35d3d9f102dece8"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2ceab8eb854958a60f5943c926c933d32bfa238a45e60e86669d7166aa638182","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4ee6edacfdd8c2f2acc1803cbae95ff07360af31fe795002a3ed30d754f5f937","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c48eb31b5c0066035ba293585d3b27e15b0bc228584f9abdf38f2a56dc86e3be","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b3626736b8d1f741296cadbe2aeba5913c8b674278a75d6bf9e54de1050036a4","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/24a96123cfa2e3ca8b19a9834444b5a8d59daf5498ae06952bb90dc344711e4f","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3638fab880b8021852c8881217d73befd76f33ac161b7ff3d4f2d3faff9e2c19","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8e1ad42e7983a45ca9ac1fea6daef6667abca0c248edec02bd399e236f702880","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9d778cf70aea09457bf371335f198313c5f9c34b841c404b05a4644e56590f30"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/27f183e5bb8f2114df6ea122de72e13c2b1e23c76347985b9717e4373323fbcf","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cddd111cb88f42cce99f0d62d0eb31a2f0efebea6bff8843e62d8943926a2561","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fbf99e039280bf2b876031a1f7804f3f2c5f47f0667c77083adef9f1709f757a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e5624c5dab61bec6f34b31e3507b4f373f60106d05e2ab0d940dedda280e01e0","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c29a65ecd9f3b24bcb1af773cafd002281cdd55de16f36876c3193698788c4f3","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2c0a4c8d61ee68174670cfef381db459960b5055497b9164e69b4e63110f5cd3","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/db66d050a1358f9fe0f77e593146078de98a9861c8d72dc2da2b8a0698feaa63","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f0f836d88aa679345339179a335dddeb67602feecbe01de556d34c9537d42585"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2425010C,\n author={Creighton, Mark and Kho, Albert},\n title={The Polar Icebreaker Project: 2024 Update},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2425010C,\n author={Creighton, Mark and Kho, Albert},\n title={Le projet de brise-glaces polaires : mise \\`{a} jour de 2024},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2324-025-C","is_published":"2024-02-28T13:57:03.000000Z","release_date":"2024-02-28T14:00:00.000000Z","title_en":"Planned Capital Spending under Canada\u2019s Defence Policy: 2024 Update","title_fr":"D\u00e9penses en capital pr\u00e9vues au titre de la politique de d\u00e9fense du Canada : Mise \u00e0 jour de 2024","internal_id":"RP-2324-025-C","metadata":{"abstract_en":"This report analyses Department of National Defence planned capital spending under Strong, Secure, Engaged, announced in 2017, as of 2024.","abstract_fr":"Ce rapport analyse, en date de 2024, les d\u00e9penses en capital pr\u00e9vues du minist\u00e8re de la D\u00e9fense nationale au titre de la politique de d\u00e9fense Protection, S\u00e9curit\u00e9, Engagement annonc\u00e9e en 2017.","highlights":[{"content":{"en":"The total 20-year capital spending envelope has increased by $51.5 billion since the last PBO report in 2022, from $163.3 to $214.8 billion.","fr":"L\u2019enveloppe totale des d\u00e9penses en capital sur 20 ans a augment\u00e9 de 51,5 milliards de dollars depuis le dernier rapport du directeur parlementaire du budget (DPB) en 2022, passant de 163,3 \u00e0 214,8 milliards de dollars."}},{"content":{"en":"New NORAD modernization projects contributed to this increase over the 20-year period studied.","fr":"Les nouveaux projets de modernisation du NORAD ont contribu\u00e9 \u00e0 cette augmentation au cours de la p\u00e9riode de 20 ans \u00e9tudi\u00e9e."}},{"content":{"en":"Some preexisting projects within the SSE envelope experienced delays and the re-profiling of near-term expenditures into later years.","fr":"Certains projets pr\u00e9existants inscrits dans le budget de la politique Protection, S\u00e9curit\u00e9, Engagement (PSE) ont connu des retards et les d\u00e9penses \u00e0 court terme ont \u00e9t\u00e9 report\u00e9es \u00e0 des ann\u00e9es ult\u00e9rieures."}},{"content":{"en":"A majority of the total expenditures, 62%, are planned for the latter half of the 20-year period of study. The previous report showed a near 50\/50 split of total expenditures between the first and second 10-year halves.","fr":"La majorit\u00e9 des d\u00e9penses totales, soit 62 %, sont pr\u00e9vues au cours de la seconde moiti\u00e9 de la p\u00e9riode d\u2019\u00e9tude de 20 ans. Le rapport pr\u00e9c\u00e9dent faisait \u00e9tat d\u2019une r\u00e9partition presque \u00e9gale des d\u00e9penses totales entre les deux p\u00e9riodes de 10 ans."}},{"content":{"en":"From 2017-18 to 2022-23, there was a cumulative shortfall nearing $12 billion between what DND spent on capital and what was originally planned under SSE.","fr":"De 2017-2018 \u00e0 2022-2023, il y avait un \u00e9cart d\u00e9ficitaire de pr\u00e8s de 12 milliards de dollars entre ce qu\u2019avait d\u00e9pens\u00e9 le MDN en immobilisations et ce qui \u00e9tait initialement pr\u00e9vu au titre de la politique PSE."}},{"content":{"en":"As in the previous report, increasing annual expenditures to levels never seen before in the latter part of the period increases concerns regarding the effect of inflation discounting the purchasing power of the SSE capital envelope.","fr":"Comme dans le rapport pr\u00e9c\u00e9dent, l\u2019augmentation des d\u00e9penses annuelles \u00e0 des niveaux jamais vus auparavant dans la derni\u00e8re partie de la p\u00e9riode suscite des craintes en raison de l\u2019effet de l\u2019inflation qui r\u00e9duit le pouvoir d\u2019achat associ\u00e9 \u00e0 l\u2019enveloppe des d\u00e9penses en capital de la politique PSE."}}]},"updated_at":"2024-02-28T19:40:52.000000Z","type":"RP","slug":"RP-2324-025-C--planned-capital-spending-under-canada-defence-policy-2024-update--depenses-capital-prevues-titre-politique-defense-canada-mise-jour-2024","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-025-C--planned-capital-spending-under-canada-defence-policy-2024-update--depenses-capital-prevues-titre-politique-defense-canada-mise-jour-2024","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-025-C--planned-capital-spending-under-canada-defence-policy-2024-update--depenses-capital-prevues-titre-politique-defense-canada-mise-jour-2024"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-025-C--planned-capital-spending-under-canada-defence-policy-2024-update--depenses-capital-prevues-titre-politique-defense-canada-mise-jour-2024","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-025-C--planned-capital-spending-under-canada-defence-policy-2024-update--depenses-capital-prevues-titre-politique-defense-canada-mise-jour-2024"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/8605cd9a403c2ce58502a9134a356cadf28632becc316a61a7b6f267f603b608"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/0bc6824d55c742d205f1adeb105f6ba11ba13c69228347f41ad4903dc8157f58"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1f4dafab7cf8087178544a876639ff288eb853d23bd7268e798fb789adb29da3","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/91ee935d75a2d2742ef24a092097cad24f264c772d0bbcb9caf4d059510cccc4","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9630ffea65970d0caf055a4f2c2f3923359b1b4e10e1f51553d4170df45428ff","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4568ee733191c6702962327b58364d8abc6a9492942579a88ddcddd7888d940c","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d4b834ada3ed9276859ffdbc14c12659e80814bf8a530bf587d9faddbba749ee","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/da3d66c416df84679bd071e3166c88147d162b7a2cde2bbc22e5c42159f2a700","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a413f2d1672d406100aeaaca3a978ee98ce5b9768f68dd42bff0fc4f6d29154e","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4658c4d65b5a7021d30011e6dce3a227130776f8ec5e1c43049efac848062f2c"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6e23b3bcee5e80fd8592c9c03ecbdbd9609074b2653decaa3e9463d970a0790a","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/080455720b308abc6005e8f881ec6fcf99195291b392197f601f90c9614156df","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6f4b5f5e228ca132df0dee259eadba0af26844af233dc96d40acf04544cada99","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/02b523b2b7154e54f672cca8c349674a5f2bb5402bcdd1816dc0ab4afe299d34","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2d2ff6b82b4beb621579b86f3cf96b04ec22576503ee638eacc579cbc05eb1af","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4c8f4ce21e10d94623ef6abae32bab717eb3bc61b7041a8878d4c149c9da7262","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/830864b549f9752df4e42e448b210b94d16c28a2c6c30f828ade7c2a1974346c","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/982e6190e18672a961f0386d1121b1d782f283957cf873f77b63768f09b25121"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2324025C,\n author={Kho, Albert and Penney, Christopher},\n title={Planned Capital Spending under Canada\u2019s Defence Policy: 2024 Update},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324025C,\n author={Kho, Albert and Penney, Christopher},\n title={D\\\u0027{e}penses en capital pr\\\u0027{e}vues au titre de la politique de d\\\u0027{e}fense du Canada : Mise \\`{a} jour de 2024},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2324-018-S","is_published":"2023-11-02T12:57:05.000000Z","release_date":"2023-11-02T13:00:00.000000Z","title_en":"The Life Cycle Cost of Canada\u2019s F-35 Program \u2013 A Fiscal Analysis","title_fr":"Le co\u00fbt du cycle de vie du programme des F-35 du Canada \u2013 une analyse financi\u00e8re","internal_id":"RP-2324-018-S","metadata":{"abstract_en":"This report presents a cost analysis of Canada\u2019s F-35 program, including estimates for the Development, Acquisition, Operations and Sustainment, and Disposal phases.","abstract_fr":"Ce rapport pr\u00e9sente une analyse du co\u00fbt du programme des F-35 du Canada, y compris des estimations pour les \u00e9tapes D\u00e9veloppement, Acquisition, Exploitation et maintien en service, et D\u00e9mant\u00e8lement.","highlights":[{"content":{"en":"The total estimated cost of Canada\u2019s F-35 program is $73.9 billion.","fr":"Le co\u00fbt total du programme des F-35 du Canada est estim\u00e9 \u00e0 73,9 milliards de dollars."}},{"content":{"en":"Development phase costs are estimated at $0.2 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape D\u00e9veloppement sont estim\u00e9s \u00e0 0,2 milliard de dollars."}},{"content":{"en":"Acquisition phase costs are estimated at $19.8 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape Acquisition sont estim\u00e9s \u00e0 19,8 milliards de dollars."}},{"content":{"en":"Operations and Sustainment phase costs are estimated at 53.8 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape Exploitation et maintien en service sont estim\u00e9s \u00e0 53,8 milliards de dollars."}},{"content":{"en":"Disposal phase costs are estimated at $0.2 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape D\u00e9mant\u00e8lement sont estim\u00e9s \u00e0 0,2 milliard de 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author={Kho, Albert and Penney, Christopher and Busby, Carleigh},\n title={The Life Cycle Cost of Canada\u2019s F-35 Program - A Fiscal Analysis},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324018S,\n author={Kho, Albert and Penney, Christopher and Busby, Carleigh},\n title={Le cout du cycle de vie du programme des F-35 du Canada - une analyse financi\\`{e}re},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2324-010-S","is_published":"2023-09-26T12:57:09.000000Z","release_date":"2023-09-26T13:00:00.000000Z","title_en":"A Force Structure Model of Canada\u2019s Military: Costs and Personnel","title_fr":"Un mod\u00e8le de structure de forces de l\u2019arm\u00e9e canadienne : co\u00fbts et personnel","internal_id":"RP-2324-010-S","metadata":{"abstract_en":"This report details the development of a framework to address the costs of military capabilities and the potential trade-offs implied should a government policy require the adjustment of the structure of the Canadian Armed Forces.","abstract_fr":"Ce rapport d\u00e9taille l\u2019\u00e9laboration d\u2019un cadre permettant d\u2019aborder les co\u00fbts des capacit\u00e9s militaires et les compromis potentiels qu\u2019impliquerait une politique gouvernementale exigeant l\u2019ajustement de la structure des Forces arm\u00e9es canadiennes.","highlights":[{"content":{"en":"The PBO has developed a Force Structure Model of Canada\u2019s military. This consists of an independent estimation of annual personnel, operations, and sustainment costs of 21 identified military capabilities across all branches of the Canadian Armed Forces, supplemented with estimated personnel counts for each capability.","fr":"Le DPB a \u00e9labor\u00e9 un mod\u00e8le de structure de forces de l\u2019arm\u00e9e canadienne. Il s\u2019agit d\u2019une estimation ind\u00e9pendante des co\u00fbts annuels li\u00e9s au personnel, \u00e0 l\u2019exploitation et au soutien de 21 capacit\u00e9s militaires cibl\u00e9es dans toutes les directions des Forces arm\u00e9es canadiennes, compl\u00e9t\u00e9e par une estimation des effectifs pour chaque capacit\u00e9."}},{"content":{"en":"The model, which has been made publicly available and is hosted on the PBO website, allows for portfolio-level tradeoff analysis of the full suite of military capabilities, providing users the ability to examine changes in costs and personnel counts as the quantity of a given military capability is adjusted.","fr":"Le mod\u00e8le, qui a \u00e9t\u00e9 mis \u00e0 la disposition du public et qui est h\u00e9berg\u00e9 sur le site Web du DPB, permet d\u2019analyser les compromis \u00e0 l\u2019\u00e9chelle du portefeuille pour l\u2019ensemble des capacit\u00e9s militaires, en donnant aux utilisateurs la possibilit\u00e9 d\u2019examiner les changements dans les co\u00fbts et les effectifs lorsque les chiffres d\u2019une capacit\u00e9 militaire donn\u00e9e sont ajust\u00e9s."}}]},"updated_at":"2023-09-26T12:57:09.000000Z","type":"RP","slug":"RP-2324-010-S--force-structure-model-canada-military-costs-personnel--un-modele-structure-forces-armee-canadienne-couts-personnel","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-010-S--force-structure-model-canada-military-costs-personnel--un-modele-structure-forces-armee-canadienne-couts-personnel","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-010-S--force-structure-model-canada-military-costs-personnel--un-modele-structure-forces-armee-canadienne-couts-personnel"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-010-S--force-structure-model-canada-military-costs-personnel--un-modele-structure-forces-armee-canadienne-couts-personnel","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-010-S--force-structure-model-canada-military-costs-personnel--un-modele-structure-forces-armee-canadienne-couts-personnel"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/43e281bce11f872d669c0ae01438a1ba4434976b09c67f44d66299ea756b1459"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/20337b89fa0eb984bef1a54f9c2654db6e54cdfb2f5f58ae916fa79823a25651"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8c578312dda345e39fdddc9fc32687966e83bd6667fb755781711dfbe2327b07","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9f7eccaf67eae57175118d732e988a86e2cf8b7bef85c10d5f142dd0220e380a","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c064c8875e75a869bbe4f97f823d1dc93023cf92e8dc7e6c9e8a9172b9b6d0a6","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/19ea852419884520de3d61859e667416f7417a4788f9fe540cd3dccc94e8ba4d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/abfee44c6ef080b13520cd25d01512f70276f1b7398fcc67f4f884f31765f36d","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/301615d5bed53dc67bbc0de39399cc22aaf21aea6e3e3031a271fe1a6d7e1a4e","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ae44b83f68a30c852c9c000ffde17bb413ea1c26d1ff1fc11ec52ecb92ebc731","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e9fc25cdd1610c8c5f5285e31b52db555ae4cbe42f127f646c8d12f765b9d03e"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/49199c2d1004b5de3b4f2c7b7675a1da45a0632199c4db893965f131da4afb89","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5f10d0a0d6d33e11b01c0deaf3da3a9ca41f6d0be34c166edbc3176a8000877d","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/23a429e5f33c14b949e951210145ddeab5c31544135fa83a420733ff886b45cf","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/234167297a7070955f5c83c972b0f82c9fa0cf952a08dedb3934b86702bdd2f3","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fee2ba610188307b701bc95b8394489e4681c5af08aa93c6ffdc08df4fe6eb69","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/76854398bad31feedbe93b9346c7a10de49541a48547a385c3d9cccadf4f20ca","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d223e328c61cfc99e2a06e5acf85bbe06e5a363b92e7ceb69ca94ecc7d8eee13","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/61910386ffea08c95800478c5f7a3983fefc5e955ee5c51c44fcb0696bf42e63"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2324010S,\n author={Kho, Albert and Penney, Christopher and Solomon, Binyam},\n title={A Force Structure Model of Canada\u2019s Military: Costs and Personnel},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324010S,\n author={Kho, Albert and Penney, Christopher and Solomon, Binyam},\n title={Un mod\\`{e}le de structure de forces de l\u2019arm\\\u0027{e}e canadienne : couts et personnel},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2324-011-S","is_published":"2023-07-27T12:57:04.000000Z","release_date":"2023-07-27T13:00:00.000000Z","title_en":"Fiscal Sustainability Report 2023","title_fr":"Rapport sur la viabilit\u00e9 financi\u00e8re de 2023","internal_id":"RP-2324-011-S","metadata":{"abstract_en":"This report provides PBO\u2019s assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans.","abstract_fr":"Dans ce rapport, le DPB pr\u00e9sente son \u00e9valuation de la viabilit\u00e9 financi\u00e8re \u00e0 long terme du gouvernement f\u00e9d\u00e9ral, des administrations infranationales et des r\u00e9gimes de retraite g\u00e9n\u00e9raux.","highlights":[{"content":{"en":"From the perspective of the total general government sector, that is federal and subnational governments and public pension plans combined, current fiscal policy in Canada is sustainable over the long term. Relative to the size of the Canadian economy, total general government net debt is projected to decline steadily over the long term due to fiscal room at the federal level and to rising net asset positions in the public pension plans.","fr":"En ce qui concerne le secteur des administrations publiques consid\u00e9r\u00e9es comme un tout, c\u2019est-\u00e0-dire le gouvernement f\u00e9d\u00e9ral, les administrations infranationales et les r\u00e9gimes de retraite g\u00e9n\u00e9raux pris ensemble, la politique budg\u00e9taire actuelle au Canada est viable \u00e0 long terme. Par rapport \u00e0 la taille de l\u2019\u00e9conomie canadienne, la dette publique g\u00e9n\u00e9rale nette devrait diminuer progressivement \u00e0 long terme en raison de la marge de man\u0153uvre financi\u00e8re au niveau f\u00e9d\u00e9ral et de l\u2019am\u00e9lioration de la situation de l\u2019actif net des r\u00e9gimes de retraite publics."}},{"content":{"en":"Current fiscal policy at the federal level is sustainable over the long term. We estimate that the federal government could permanently increase spending or reduce taxes by 1.7 per cent of GDP ($49.5 billion in current dollars, growing in line with GDP thereafter) while maintaining fiscal sustainability.","fr":"La politique budg\u00e9taire f\u00e9d\u00e9rale actuelle est viable \u00e0 long terme. Nous estimons que le gouvernement f\u00e9d\u00e9ral pourrait augmenter ses d\u00e9penses ou r\u00e9duire les imp\u00f4ts de 1,7 % du PIB (49,5 milliards de dollars en dollars courants, augmentant par la suite au rythme du PIB) tout en demeurant viable sur le plan budg\u00e9taire."}},{"content":{"en":"For the subnational government sector, which includes provincial-territorial, local and Indigenous governments, current fiscal policy is sustainable over the long term. Under current policy, projected subnational government revenues and program spending are sufficient to keep the subnational government net debt-to-GDP ratio below its 2022 level over the 75-year projection horizon.","fr":"Pour ce qui est des administrations infranationales, qui comprennent les administrations provinciales, territoriales, locales et autochtones, les politiques budg\u00e9taires actuelles sont viables \u00e0 long terme. Selon la politique actuelle, les revenus et les d\u00e9penses de programmes pr\u00e9vus des administrations infranationales sont suffisantes pour maintenir le ratio de la dette nette par rapport au PIB des administrations infranationales en dessous de son niveau de 2022 pour l\u2019horizon de 75 ans."}},{"content":{"en":"The current structure of the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) is sustainable over the long term. Under the current structure of the plans, projected contributions and benefits are sufficient to ensure that the net asset-to-GDP position is above its 2022 value after 75 years.","fr":"La structure actuelle tant du R\u00e9gime de pensions du Canada (RPC) que du R\u00e9gime de rentes du Qu\u00e9bec (RRQ) est viable \u00e0 long terme. Avec la structure actuelle des r\u00e9gimes, les cotisations et les prestations pr\u00e9vues sont suffisantes pour garantir que la position nette de l\u2019actif par rapport au PIB est sup\u00e9rieure \u00e0 sa valeur de 2022 apr\u00e8s 75 ans."}}]},"updated_at":"2023-09-19T18:08:03.000000Z","type":"RP","slug":"RP-2324-011-S--fiscal-sustainability-report-2023--rapport-viabilite-financiere-2023","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-011-S--fiscal-sustainability-report-2023--rapport-viabilite-financiere-2023","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-011-S--fiscal-sustainability-report-2023--rapport-viabilite-financiere-2023"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-011-S--fiscal-sustainability-report-2023--rapport-viabilite-financiere-2023","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-011-S--fiscal-sustainability-report-2023--rapport-viabilite-financiere-2023"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/14112865d6961441f766fa6e8f511a29368a6a15a3e8b8445af18c7cbda6d632"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/141f168b00bd920bc9c6e23fa8192e335ec315ad6ab81a1311d298867ae44a28"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f5a6d162ca59b837a46677d33f93a808d448d23ce2f3d0f728a1b7615ca4c325","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b64905908e3cdb87a564f5d894fbe47a75d3c8b016f20e0591566ef8df799621","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d13ebfbc0b98705694fd02a04eff3b3ee7a5d8e9f49d050ff4cea132bdbed972","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06f22380d687d415721a031d2205907078627a6c93819aabb91ddb4ea46c7345","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3e543c446205fe491ea1a7a5f1597394f9c988b6ade37e61c5cf965b3aa39b6a","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c7c0e5550bb823fd105884647233c025747cc6e69c71023211c12137b0759233","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2702f13fc68a6b62db3f6905fe58be6f048111855c0663fdfade4ca923f7aa79","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d9a2c6dfb4e772a996671d768061cd9ed59feb8cc09496488bc98207fe2a177b"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/17394f7f5b7d2cd2405e3a05d1082eb72400241c249bb030a32cabf60b3ac77e","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1ecda173ac7eaaadda445b78990dab20fc050b7c65630f3d62d461a57a7fda53","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/908774ade4eeeff17628e025e84732f70148140d3beb90b5f55cc891c6b4cf0f","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7b71afd96030c5a71fa6885b69081feae0cff58126658e6b4b95accc98f0b0b3","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d40754705857de30a699d201f37356fcabb00c65512f7987923cd34075fb92c1","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0b907eb1cceafb94d48d829eb11798bbecc24abf316b554c630ebcc6a049f8fe","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1f436a00db8d0634a5757f25182161be439d7df54a1d3ac0c2fcad73ba51c99d","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/eb38410c8893c2f09e0ade99c8fa497ca4fa62241ce6bd67f9858b59c5c75dfd"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2324011S,\n author={Barkova, Lisa and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Kho, Albert and Laurin, Marianne and Nicol, Caroline},\n title={Fiscal Sustainability Report 2023},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324011S,\n author={Barkova, Lisa and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Kho, Albert and Laurin, Marianne and Nicol, Caroline},\n title={Rapport sur la viabilit\\\u0027{e} financi\\`{e}re de 2023},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"LEG-2223-024-S","is_published":"2023-02-02T13:57:10.000000Z","release_date":"2023-02-02T14:00:00.000000Z","title_en":"A Tax on Share Buybacks","title_fr":"Taxe sur les rachats d\u2019actions","internal_id":"LEG-2223-024-S","metadata":{"abstract_en":"The 2022 Fall Economic Statement announced the government\u2019s intention to introduce a corporate-level 2 per cent tax on the net value of all types of share buybacks by public corporations in Canada, effective January 1, 2024. The details of this new tax are expected to be announced in Budget 2023. PBO interprets \u201call types of share buybacks by public corporations in Canada\u201d to mean all net share buybacks by publicly traded corporations that would pay corporate income tax in Canada.\n\nThe PBO estimates the proposed 2% tax on share buybacks will raise $3.0 billion over the first 5 fiscal years of its application.","abstract_fr":"Dans l\u2019\u00c9nonc\u00e9 \u00e9conomique de l\u2019automne de 2022, le gouvernement a annonc\u00e9 son intention d\u2019instaurer une taxe sur les soci\u00e9t\u00e9s de 2 %, qui s\u2019appliquerait \u00e0 la valeur nette de tous les types de rachats d\u2019actions par des soci\u00e9t\u00e9s publiques au Canada \u00e0 compter du 1er janvier 2024. Les d\u00e9tails de cette nouvelle taxe devraient \u00eatre annonc\u00e9s dans le budget de 2023. Le DPB entend par \u00ab tous les types de rachats d\u2019actions par des soci\u00e9t\u00e9s publiques au Canada \u00bb tous les rachats nets d\u2019actions par des soci\u00e9t\u00e9s cot\u00e9es en bourse qui paieraient de l\u2019imp\u00f4t sur leur revenu au Canada.\n\nLe DPB estime que la taxe propos\u00e9e de 2 % sur les rachats d\u2019actions permettra de g\u00e9n\u00e9rer trois milliards de dollars au cours des cinq premiers exercices suivant son entr\u00e9e en vigueur.","highlights":[]},"updated_at":"2023-02-07T21:26:36.000000Z","type":"LEG","slug":"LEG-2223-024-S--tax-share-buybacks--taxe-rachats-actions","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2223-024-S--tax-share-buybacks--taxe-rachats-actions","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2223-024-S--tax-share-buybacks--taxe-rachats-actions"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2223-024-S--tax-share-buybacks--taxe-rachats-actions","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2223-024-S--tax-share-buybacks--taxe-rachats-actions"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/db8ef9fc6f22d1609a10dd0799c09a871842a5e4d1e559ed8791a358f8226953"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/67cf1b2596f0b4804289d685460626b35960a651cac9c4eddfc152a6d1a4f895"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fa2e9c2fc2a3625df6c8eb3a69ce834961d12a831fd7a43b762b346a596b867e","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/01fbdabf05477decb7f1011fad69eee695733b58c5da0dce8de716d972ed86b1","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a66213af5a21d18961edacb3b278694b9179bfa5f45f8a5520c4f7ba5a543ccf","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f6c9597d499c1b7dfcf272481ec847e6266cdbf80c4965348f03ffae3e61397c","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2924914b6a789aeea4edfd64a6d69a6947cc75251721272dab7627c765190686","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/39a3ef8cb549bf70a215fa1ae0ad1cfc5dc8b048ebf4b2d0b1da92d7a66cc149","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/748a8881810e410a8314d5defb71fc18d6fc70551c98db6bd155638fa507b7f8","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9f1b3a223c01c8b1dabcafe3f3ae16727a45e1e6690f2b1806cdf4f2ea62be73"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7ec3c57c099264c2607dda473cb132f16cc26b67a876ea481372d93f482e19e5","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/512933e810429aa107279ffb041b99636bdb6dd542231114b83fe46ea6be21db","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8ea8a5d2d64a92fc516da015dae45060889ba9f8417cf1cf955b002c2a2c41ec","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d08746adbabc7749a3a1c0731010b5cd0a8806e9c8411149d7dfe5ebfa4bd44b","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/789939bb12cb5d08fc4f64752d11c9eeac2c4441cf0d1680656fe8862d06502f","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5fce00b050f84c8e18acae9e97094cf94cca283e1e54be6bf5344db8bff9e9f7","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d81d14b54d1b99d5cb3d8f6953e364143a5553c30d58bd48f22747ea71e2b73a","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9572d25515e89723e97d9d10512a024bf42b1eeabd68208c9d97143016911c84"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2223024S,\n author={Kho, Albert},\n title={A Tax on Share Buybacks},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2223024S,\n author={Kho, Albert},\n title={Taxe sur les rachats d\u2019actions},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2223-016-C","is_published":"2022-10-27T12:57:08.000000Z","release_date":"2022-10-27T13:00:00.000000Z","title_en":"The Life Cycle Cost of the Canadian Surface Combatants \u2014 A Fiscal Analysis","title_fr":"Le co\u00fbt du cycle de vie des navires de combat de surface canadiens \u2014 Analyse financi\u00e8re","internal_id":"RP-2223-016-C","metadata":{"abstract_en":"In response to a request by the House of Commons Standing Committee on Government Operations and Estimates (OGGO), this report presents a cost analysis of the Canadian Surface Combatants (CSC) program, including estimates for the Development, Acquisition, Operations and Sustainment, and Disposal phases of the fleet\u2019s life cycle.","abstract_fr":"En r\u00e9ponse \u00e0 une demande du Comit\u00e9 permanent des op\u00e9rations gouvernementales et des pr\u00e9visions budg\u00e9taires de la Chambre des communes (le Comit\u00e9 OGGO), ce rapport pr\u00e9sente une analyse du co\u00fbt du programme des navires de combat de surface canadiens (NCSC), y compris des estimations concernant les \u00e9tapes D\u00e9veloppement, Acquisition, Exploitation et maintien en service, et D\u00e9mant\u00e8lement du cycle de vie de la flotte.","highlights":[{"content":{"en":"The total life cycle cost of the CSC program is estimated to be $306.0 billion.","fr":"Le co\u00fbt total du cycle de vie du programme des NCSC est \u00e9valu\u00e9 \u00e0 306,0 milliards de dollars."}},{"content":{"en":"Development phase costs are estimated at $4.3 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape D\u00e9veloppement sont \u00e9valu\u00e9s \u00e0 4,3 milliards de dollars."}},{"content":{"en":"Acquisition phase costs are estimated at $80.2 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape Acquisition sont \u00e9valu\u00e9s \u00e0 80,2 milliards de dollars."}},{"content":{"en":"Operations and Sustainment phase costs are estimated at $219.8 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape Exploitation et maintien en service sont \u00e9valu\u00e9s \u00e0 219,8 milliards de dollars."}},{"content":{"en":"Disposal phase costs are estimated at $1.7 billion.","fr":"Les co\u00fbts de l\u2019\u00e9tape D\u00e9mant\u00e8lement sont \u00e9valu\u00e9s \u00e0 1,7 milliard de dollars."}}]},"updated_at":"2022-10-27T13:07:04.000000Z","type":"RP","slug":"RP-2223-016-C--life-cycle-cost-canadian-surface-combatants-fiscal-analysis--cout-cycle-vie-navires-combat-surface-canadien-analyse-financiere","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-016-C--life-cycle-cost-canadian-surface-combatants-fiscal-analysis--cout-cycle-vie-navires-combat-surface-canadien-analyse-financiere","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-016-C--life-cycle-cost-canadian-surface-combatants-fiscal-analysis--cout-cycle-vie-navires-combat-surface-canadien-analyse-financiere"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-016-C--life-cycle-cost-canadian-surface-combatants-fiscal-analysis--cout-cycle-vie-navires-combat-surface-canadien-analyse-financiere","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-016-C--life-cycle-cost-canadian-surface-combatants-fiscal-analysis--cout-cycle-vie-navires-combat-surface-canadien-analyse-financiere"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/747dfffc97de30adc19e38143f28b6e8334a0f7510c5c3a94c465a41c66cf504"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/a25341df5a2165e7ab5364bfc43491952286d843c550886f1c5c74900c45bb1a"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7d3a826f05891a903b01ce87e2945409039ee5c46df45dbf69f90c04f2f6b159","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f64f0b2153a38daf5a7adb7355348788d6a3014fdd9711942dca3757b82c0c1b","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/769669ca3fd1efbe7ae93b348f2ef0cf4836728f4df7bb230cc0292554c49b5e","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fe6ec469ce498e55cc5ba77179d2424fffe8eab07fdc0b9dfcc1a467ef614e9f","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/67b407a7f8b68a347a9a27e30df5144767ab96edc7ec7c03c228536503350b78","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0fc92f79b2a3cb5102786481887315faf0112de8af52f21bf4508a67e2b40195","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/be234766e2ffdaeb043a23bedb05f5aa4f521b0dfe3ff99a1fbe07af7a928082","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/48734a477a7ada5c12d24f1babd1ee5ed88ad5e9d12573628acecd17280d72e4"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f8b8ebd2aec827accd68cb4e17e6da06084612c317bbb975f2f7444fadc70c28","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5b1cb91a3c16cfd9bddc43663e4c51ac2fc6f6be77470efb9bba69860d15d1fc","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7086667760e5f165c06bb8138752db4d39a23d619fb38e07f4aba16c1ba03875","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c2ebb746cbf18772fc08f5eee2658d437ef2054182da585b5b674ca60e9aff59","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1318fc6e4dbe87fa134b0d711e4560c4a8d880a6592cde49d960482f1ca513ea","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9925ed0bd426823c7477648585f02c19b5980ac165a49905bda37e0b17455780","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4fa433146d6bdc9acb394ef3c30e6cc97ad3653a9407f2947c02edeb948b084a","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/47a8d9aa2d0e624c20694e463ebb3e3769ab269724632f0daed25ba624a49cee"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223016C,\n author={Busby, Carleigh and Kho, Albert and Penney, Christopher},\n title={The Life Cycle Cost of the Canadian Surface Combatants \\textemdash A Fiscal Analysis},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223016C,\n author={Busby, Carleigh and Kho, Albert and Penney, Christopher},\n title={Le cout du cycle de vie des navires de combat de surface canadiens \\textemdash Analyse financi\\`{e}re},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2223-012-S","is_published":"2022-07-28T12:57:10.000000Z","release_date":"2022-07-28T13:00:00.000000Z","title_en":"Fiscal Sustainability Report 2022","title_fr":"Rapport sur la viabilit\u00e9 financi\u00e8re de 2022","internal_id":"RP-2223-012-S","metadata":{"abstract_en":"This report provides PBO\u2019s assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans.","abstract_fr":"Dans ce rapport le DPB pr\u00e9sente son \u00e9valuation de la viabilit\u00e9 financi\u00e8re \u00e0 long terme du gouvernement f\u00e9d\u00e9ral, des administrations infranationales et des r\u00e9gimes de retraite g\u00e9n\u00e9raux.","highlights":[{"content":{"en":"From the perspective of the total general government sector, that is federal and subnational governments and public pension plans combined, current fiscal policy in Canada is sustainable over the long term. Relative to the size of the Canadian economy, total general government net debt is projected to decline steadily over the long term primarily due to fiscal room at the federal level.","fr":"En ce qui concerne le secteur des administrations publiques consid\u00e9r\u00e9es comme un tout, c\u2019est-\u00e0-dire le gouvernement f\u00e9d\u00e9ral, les administrations infranationales et les r\u00e9gimes de retraite g\u00e9n\u00e9raux pris ensemble, la politique budg\u00e9taire actuelle au Canada est viable \u00e0 long terme. Par rapport \u00e0 la taille de l\u2019\u00e9conomie canadienne, la dette nette de l\u2019ensemble du secteur des administrations publiques devrait diminuer progressivement \u00e0 long terme principalement en raison de la marge de man\u0153uvre financi\u00e8re au niveau f\u00e9d\u00e9ral."}},{"content":{"en":"Current fiscal policy at the federal level is sustainable over the long term. We estimate that the federal government could permanently increase spending or reduce taxes by 1.8 per cent of GDP ($45 billion in current dollars, growing in line with GDP thereafter) while maintaining fiscal sustainability.","fr":"La politique budg\u00e9taire actuelle au niveau f\u00e9d\u00e9ral est viable \u00e0 long terme. Nous estimons que le gouvernement f\u00e9d\u00e9ral pourrait, de fa\u00e7on permanente, augmenter ses d\u00e9penses ou r\u00e9duire ses imp\u00f4ts de 1,8 % du PIB (45 milliards de dollars en dollars courants, augmentant par la suite au rythme du PIB) tout en maintenant la viabilit\u00e9 financi\u00e8re."}},{"content":{"en":"For provincial-territorial, local and Indigenous governments, current fiscal policy is not sustainable over the long term\u2014albeit to a modest extent. We estimate that permanent tax increases or spending reductions amounting to 0.1 per cent of GDP would be required to achieve fiscal sustainability over the long term.","fr":"Pour les administrations provinciales-territoriales, locales et autochtones, la politique budg\u00e9taire actuelle n\u2019est pas viable \u00e0 long terme, bien que dans une mesure modeste. Nous estimons qu\u2019il faudrait augmenter les imp\u00f4ts ou r\u00e9duire les d\u00e9penses en permanence de 0,1 % du PIB pour atteindre la viabilit\u00e9 financi\u00e8re \u00e0 long terme."}},{"content":{"en":"The current structure of the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP) is sustainable over the long term. Under the current structure of the plans, projected contributions and benefits are sufficient to ensure that the net asset-to-GDP position is at or above its 2021 value after 75 years.","fr":"La structure actuelle du R\u00e9gime de pensions du Canada (RPC) et du R\u00e9gime de rentes du Qu\u00e9bec (RRQ) est viable \u00e0 long terme. Selon la structure actuelle des plans, les cotisations et les prestations pr\u00e9vues sont suffisantes pour que la position de l\u2019actif net par rapport au PIB soit \u00e9gale ou sup\u00e9rieure \u00e0 sa valeur de 2021 apr\u00e8s 75 ans."}}]},"updated_at":"2022-07-28T12:57:10.000000Z","type":"RP","slug":"RP-2223-012-S--fiscal-sustainability-report-2022--rapport-viabilite-financiere-2022","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-012-S--fiscal-sustainability-report-2022--rapport-viabilite-financiere-2022","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-012-S--fiscal-sustainability-report-2022--rapport-viabilite-financiere-2022"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-012-S--fiscal-sustainability-report-2022--rapport-viabilite-financiere-2022","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-012-S--fiscal-sustainability-report-2022--rapport-viabilite-financiere-2022"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/faf2336e3e33f177db17e07f924f79858bc02357a5d58b1c77a55afc3d0598d8"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/cd43a38a920edb3f0d052e0a807291bc3efe2ba54c82387d5378b204cbf05b7d"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/64d30f3965d40248b57fbaf8002cc3ae495f0a275997652b9648c1792fd5d85e","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5d2f561200af25edd7e00e5b36ed0696941cf189de13c7986962d75d4d300de4","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5b3a161d754e4462d3758315f2d6b0adbee1122d7534cbd71e62d3966a676c5e","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4ddc6bbbbf62a71c542ac4135fb26a13afb06e0294ea353d4544fe242afb2db2","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e19002ead850791370446485498789c9d57aa5c45bd9970fb84c5ccad38e7f4a","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7bf6659d427b89908c6ec3fce0ef77593a7599e3390db38db327cb61a40498ef","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c21e1cf014674f73c9da71bae9964304b7e5e7a3885cee64e9455423bd6e0891","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/29402b68d07d2f08191cd63fa7853600f0c5021a567cd8ace6862e29e54d5ed1"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b12b07d5bfd0956831f79bf0a08416478ddc5dd82b93437b4a66d53c57e7ae7f","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/384f437ccc54a3cc97f7005d13b41b6b2d68a21b04384402f1d1f741b6c1a4a2","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/509ec720c4008ef8c7b7ec50f3ab902177b2cd09721252d81c8f010b27af0bf4","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d525b4e0ce2ffaa0d9c3f19b606e509b48a6a826288c6b7861d68ae6f9f4b35e","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c15826e42ded842c563528e6f56d2f520fa18977e6c4e96893c25ad3672c7aee","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/46addf1b47701e813ad2f309f8c25bb326875be462929ce9c2a1fbc329de0fbd","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/69e3628c85efdc9718c716e46fb7e5fcdced9037fc8e56eb7639462bd8fd3a07","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ad71a823b3439bd66005413a835dba55ad85d5719b194e182d900dec6ed60c19"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223012S,\n author={MacPhee, Sarah and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Kho, Albert and Nicol, Caroline},\n title={Fiscal Sustainability Report 2022},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223012S,\n author={MacPhee, Sarah and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Kho, Albert and Nicol, Caroline},\n title={Rapport sur la viabilit\\\u0027{e} financi\\`{e}re de 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2223-003-S","is_published":"2022-05-12T12:57:05.000000Z","release_date":"2022-05-12T13:00:00.000000Z","title_en":"The Industrial and Technological Benefits Policy: An Analysis of Contractor Obligations and Fulfillment","title_fr":"Politique des retomb\u00e9es industrielles et technologiques : analyse des obligations contractuelles et de leur ex\u00e9cution","internal_id":"RP-2223-003-S","metadata":{"abstract_en":"This report analyses transactions and investments made from 2015-2019 under the Industrial and Technological Benefits Policy for Canadian defence and security procurement, as administered by Innovation, Science and Economic Development Canada.","abstract_fr":"Ce rapport r\u00e9sume l\u2019analyse des engagements en mati\u00e8re d\u2019investissement pris au cours de la p\u00e9riode allant de 2015 \u00e0 2019 conform\u00e9ment \u00e0 la Politique des retomb\u00e9es industrielles et technologiques dans le domaine de l\u2019approvisionnement de d\u00e9fense et de s\u00e9curit\u00e9 du Canada, dont l\u2019application est assur\u00e9e par Innovation, Sciences et D\u00e9veloppement \u00e9conomique Canada.","highlights":[{"content":{"en":"ITB transactions over the 2015 to 2019 period total $18.3 billion in Canadian dollars.","fr":"Les transactions li\u00e9es aux RIT au cours de la p\u00e9riode de 2015 \u00e0 2019 totalisent 18,3 milliards de dollars canadiens."}},{"content":{"en":"Credit multipliers do not play a significant role in obligation fulfillment, accounting for only 0.8% of total transactions.","fr":"Les multiplicateurs de cr\u00e9dit ne contribuent pas beaucoup \u00e0 l\u2019ex\u00e9cution des obligations (ne repr\u00e9sentent que 0,8 % du total des transactions)."}},{"content":{"en":"\u201cIndirect\u201d transactions, which concern work unrelated to the procurement, account for nearly half (47.1%) of the total dollar value of transactions.","fr":"Les transactions \u00ab indirectes \u00bb, qui concernent des travaux sans lien avec l\u2019approvisionnement, repr\u00e9sentent pr\u00e8s de la moiti\u00e9 (47,1 %) de la valeur totale en dollars des transactions."}},{"content":{"en":"While Small and Medium Enterprises are engaged in over 50 percent of ITB transactions, they account for only 12.2% of total transaction amounts.","fr":"M\u00eame si les petites et moyennes entreprises participent \u00e0 plus de la moiti\u00e9 des transactions li\u00e9es aux RIT, elles ne comptent que pour 12,2 % de leur montant total."}},{"content":{"en":"Of the total dollar value in ITB transactions with large partner firms, Canadian-owned firms account for 30.8%.","fr":"Les entreprises appartenant \u00e0 des int\u00e9r\u00eats canadiens repr\u00e9sentent 30,8 % de la valeur totale en dollars des transactions li\u00e9es aux RIT avec de grandes entreprises partenaires."}}]},"updated_at":"2022-05-12T12:57:05.000000Z","type":"RP","slug":"RP-2223-003-S--industrial-technological-benefits-policy-an-analysis-contractor-obligations-fulfillment--politique-retombees-industrielles-technologiques-analyse-obligations-contractuelles-leur-execution","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-003-S--industrial-technological-benefits-policy-an-analysis-contractor-obligations-fulfillment--politique-retombees-industrielles-technologiques-analyse-obligations-contractuelles-leur-execution","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-003-S--industrial-technological-benefits-policy-an-analysis-contractor-obligations-fulfillment--politique-retombees-industrielles-technologiques-analyse-obligations-contractuelles-leur-execution"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-003-S--industrial-technological-benefits-policy-an-analysis-contractor-obligations-fulfillment--politique-retombees-industrielles-technologiques-analyse-obligations-contractuelles-leur-execution","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-003-S--industrial-technological-benefits-policy-an-analysis-contractor-obligations-fulfillment--politique-retombees-industrielles-technologiques-analyse-obligations-contractuelles-leur-execution"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/cdae8df20c63dd08820ba553a37151863d4e5112ae56def60eb2ca27fba302f0"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/a051717dda0837e7ce62b0be42457f5be3ac97d8dd68d9260a6118ac5619396d"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/10cd2757f0307770e125fc170544a40d862bd2bda2e14a33d181021d94997d4f","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bdd0ed5df7135d9554038d4257995c45bdaced62b1a431a8bb2fc78774cc3333","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1858add0d0b49b8c91854e0efde71739deeae3e06c02b031f02b49ca2c80455b","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2f4a399d982844af3d4cc49b23ea598614bb933e24755b496f329a7679a61296","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a0698a2c4c37c1d5ff56209104607ecf0d8812abeae3349f93f1336788b838ba","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7cdaa2084a52a06c5b3a8d2b6c319e86d23a10a8dba4bd04659784d31d849b2f","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/da6f013e109c3e8fe781fb29172e66d99c8ac26fb36c146026e265b46ee64c52","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/59c5c05dbb69be60639c44bddc9d85295b003b478a73b3c2648e8fa7f52d808a"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a99e661f590ab8406835a57b7b933b5729a07274d6d8b87b26ba3d757f7cbc68","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2c389f45309083b31363909c1c976185f89d2aa98d9cd23a2dd8b60a7034da41","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bd02ce758f90230b2d21c1d4342fe3c26ffeae9b0c0e86d0d47549c4d7675881","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dd8ef88799f4cadcb28a027c704bc9d3105ae6741b41e340481694ef6ce379ad","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b49708cd9d577e10ee5436308f8a4fbc6bc124b12ec800b3275b0cda7527de1e","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d54446f6d943a09734a80e73f4ddfdfd4e2ecf00d119ba80495e68fc0777e755","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8ea4e0542d51cd6582b66ba4b8dacacc04bb5d255793a22140d27efe56379d0b","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/32265881fdead9e0b1ad868576a06ccb76d40771f37e767e3213b7abe5c291d5"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223003S,\n author={Kho, Albert and Penney, Christopher},\n title={The Industrial and Technological Benefits Policy: An Analysis of Contractor Obligations and Fulfillment},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223003S,\n author={Kho, Albert and Penney, Christopher},\n title={Politique des retomb\\\u0027{e}es industrielles et technologiques : analyse des obligations contractuelles et de leur ex\\\u0027{e}cution},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"RP-2122-033-S","is_published":"2022-03-11T14:00:03.000000Z","release_date":"2022-03-11T14:00:00.000000Z","title_en":"Planned Capital Spending Under Strong, Secure, Engaged \u2013 Canada\u2019s Defence Policy: 2022 Update","title_fr":"D\u00e9penses en capital pr\u00e9vues au titre de la politique de d\u00e9fense du Canada Protection, S\u00e9curit\u00e9, Engagement : Mise \u00e0 jour de 2022","internal_id":"RP-2122-033-S","metadata":{"abstract_en":"This report analyses Department of National Defence planned capital spending under Strong, Secure, Engaged, announced in 2017, as of 2022.","abstract_fr":"Ce rapport analyse, en date de 2022, les d\u00e9penses en capital pr\u00e9vues du minist\u00e8re de la D\u00e9fense nationale au titre de la politique de d\u00e9fense Protection, S\u00e9curit\u00e9, Engagement annonc\u00e9e en 2017.","highlights":[{"content":{"en":"For the first time, all $164 billion earmarked for capital spending in the Strong, Secure, Engaged (SSE) envelope is reconciled.","fr":"Pour la premi\u00e8re fois, le rapprochement est maintenant effectu\u00e9 pour l\u2019int\u00e9gralit\u00e9 des 164 milliards de dollars de l\u2019enveloppe des d\u00e9penses en capital au titre de la politique Protection, S\u00e9curit\u00e9, Engagement (PSE)."}},{"content":{"en":"There are additional delays in planned spending, raising concerns on the sufficiency of the SSE envelope due to inflation.","fr":"En raison de l\u2019inflation, les retards additionnels dans les d\u00e9penses pr\u00e9vues font craindre que l\u2019enveloppe de la politique PSE soit insuffisante."}},{"content":{"en":"The highest planned annual capital expenditure increases from $12.6 billion to $16.3 billion.","fr":"Les d\u00e9penses en capital annuelles pr\u00e9vues les plus \u00e9lev\u00e9es sont pass\u00e9es de 12,6 \u00e0 16,3 milliards de dollars."}}]},"updated_at":"2022-03-11T14:00:03.000000Z","type":"RP","slug":"RP-2122-033-S--planned-capital-spending-under-strong-secure-engaged-canada-defence-policy-2022-update--depenses-capital-prevues-titre-politique-defense-canada-protection-securite-engagement-mise-jour-202","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-033-S--planned-capital-spending-under-strong-secure-engaged-canada-defence-policy-2022-update--depenses-capital-prevues-titre-politique-defense-canada-protection-securite-engagement-mise-jour-202","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-033-S--planned-capital-spending-under-strong-secure-engaged-canada-defence-policy-2022-update--depenses-capital-prevues-titre-politique-defense-canada-protection-securite-engagement-mise-jour-202"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-033-S--planned-capital-spending-under-strong-secure-engaged-canada-defence-policy-2022-update--depenses-capital-prevues-titre-politique-defense-canada-protection-securite-engagement-mise-jour-202","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-033-S--planned-capital-spending-under-strong-secure-engaged-canada-defence-policy-2022-update--depenses-capital-prevues-titre-politique-defense-canada-protection-securite-engagement-mise-jour-202"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/c7a9b6d526158fb08858faa6012bbe61777939997eb35e4fd6c510e843f21dc1"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/5514acb3ab249bb02d2c6005cb22ea01ef3e7443f87744ab869e303458d17c5b"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0d894fc95e4773d61803a7d3dca6382838aa0f05957eb33ea59c6cfbf475bfcd","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ac0d1ac62d23ca41e266b30e2ef154f53c6de7ff34639711059003a0fe6763bb","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/46c26fa3b1e6dedc5c5275868f0d11be770b3ae7b8069ea7737710154a69e31a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d4dc44604a9d9a84bdea0bf2efc69d51c5cb571840aa951419764249fa0abe1d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ce9e92dc526ae22569b59bd0fd84d21efe5549b73010dc1dd1e7805411aeed5d","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7f147c10667345eabe0b12eecf3077bc5ec83baa5c00897439ced5bcedd19cd2","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fea2e406e93996e0eb77a05bcfa8d77b762d15d6a298aa9fbc39b1c7d26d2e4d","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8112eb19f5a920ebdb53830d2f946dc199c813ab2897be57be640a0fc2a8cdf0"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ad15bf28f62a338c9cfec5e90249a900de10779596bd5525a4d408497abf2346","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/650ff1d134ab945dcfac5bba6cf91eea26362bbf2cdfe6b79f166545f96fc17f","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/aecdb69c091d3b2db63b66999583867e44b78126271aa1232e6b75fb1a5ce94e","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ce580c886d31c9c8c0d514630080b6f71255b4b33dd72bd8b54e96e9056a9302","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a5d9de09f104d17f62f6f185aecc9d7fd21771856c9439153f4782b78fb3d43c","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/20efbd37d0b95f1924821ac0ce60a101d803fc94bd8324ed67581800d92484f3","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dc95028e259f464dec4037c7edca049ea7288a71b527cfd2467331ed6009824c","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8918c335218165b7cd0b66a8579ffc4365abc4abf85c0c7aeb4080bbae827803"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122033S,\n author={Kho, Albert and Penney, Christopher},\n title={Planned Capital Spending Under Strong, Secure, Engaged - Canada\u2019s Defence Policy: 2022 Update},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122033S,\n author={Kho, Albert and Penney, Christopher},\n title={D\\\u0027{e}penses en capital pr\\\u0027{e}vues au titre de la politique de d\\\u0027{e}fense du Canada Protection, S\\\u0027{e}curit\\\u0027{e}, Engagement : Mise \\`{a} jour de 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}}

{"id":"LEG-2122-028-S","is_published":"2022-02-03T14:00:09.000000Z","release_date":"2022-02-03T14:00:00.000000Z","title_en":"Making the Disability Tax Credit Refundable (Motion M-6, 44th Parliament)","title_fr":"Rendre remboursable le cr\u00e9dit d\u2019imp\u00f4t pour personnes handicap\u00e9es (motion M-6, 44e l\u00e9gislature)","internal_id":"LEG-2122-028-S","metadata":{"abstract_en":"Making the existing Disability Tax Credit (DTC) refundable within the meaning of the Income Tax Act. The applicable 2021 credit for adults is $8,662, with an additional $5,053 supplement for those under 18.","abstract_fr":"Rendre remboursable le cr\u00e9dit d\u2019imp\u00f4t pour personnes handicap\u00e9es (CIPH) au sens de la Loi de l\u2019imp\u00f4t sur le revenu. 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