[{"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":"Katarina Michalyshyn","url":"https:\/\/www.pbo-dpb.ca\/en\/staff--equipe\/katarina-michalyshyn","section":{"id":1,"title_en":"About","title_fr":"\u00c0 propos"}}]

Katarina Michalyshyn

Senior Analyst

Katarina Michalyshyn is an Economist with the Office of the Office of Parliamentary Budget Officerr.

Before joining the OPBO, she worked at the Office of the Chief Economist at Global Affairs Canada. She was previously a Teaching Assistant at the University of Ottawa and a Page at the House of Commons and at the Legislative Assembly of Alberta.

Katarina holds an MA in Economics and an Honours BSocSc in Economics and Minor in Life Sciences from the University of Ottawa.

Latest publications

    {"id":"LEG-2425-011-S","is_published":"2024-11-07T13:57:09.000000Z","release_date":"2024-11-07T14:00:00.000000Z","title_en":"Budget 2024 Update to the Alternative Minimum Tax","title_fr":"Modifications \u00e0 l\u2019imp\u00f4t minimum de remplacement pr\u00e9vues dans le budget 2024","internal_id":"LEG-2425-011-S","metadata":{"abstract_en":"Budget 2024 introduced amendments to the Alternative Minimum Tax (AMT) calculation originally proposed in Budget 2023. Budget 2024 will allow 80 per cent of charitable donations to be excluded from the AMT tax base (up from the originally proposed 50 per cent). It will also allow certain new deductions and credits and certain previously disallowed credits to be eligible for the AMT carry-forward. In addition, it will include AMT exemptions for Employee Ownership Trusts and certain trusts for the benefit of Indigenous Groups.\n\nThe amendments are assumed to have been in effect as of January 1, 2024.\n\nThe Parliamentary Budget Officer (PBO) estimates a decrease of $598 million in income tax revenues from 2023-24 to 2027-28.","abstract_fr":"Le budget 2024 a pr\u00e9vu des modifications au calcul de l\u2019imp\u00f4t minimum de remplacement (IMR) propos\u00e9 \u00e0 l\u2019origine dans le budget 2023. Le budget 2024 permettra d\u2019exclure 80 % des dons de bienfaisance au titre de l\u2019IMR (au lieu des 50 % propos\u00e9s pr\u00e9c\u00e9demment). Il rendra aussi certaines nouvelles d\u00e9ductions, certains nouveaux cr\u00e9dits, et \u00e0 certains cr\u00e9dits refus\u00e9s pr\u00e9c\u00e9demment admissibles au report de l\u2019IMR. En outre, le budget pr\u00e9voit des exon\u00e9rations de l\u2019IMR pour les fiducies collectives des employ\u00e9s et certaines fiducies au profit de groupes autochtones.\n\nLes modifications sont pr\u00e9sum\u00e9es \u00eatre en vigueur le 1er janvier 2024.\n\nLe directeur parlementaire du budget (DPB) estime que les recettes de l\u2019imp\u00f4t sur le revenu diminueront de 598 millions de dollars entre 2023\u20112024 et 2027\u20112028.","highlights":[]},"updated_at":"2024-11-07T13:57:09.000000Z","type":"LEG","slug":"LEG-2425-011-S--budget-2024-update-alternative-minimum-tax--modifications-impot-minimum-remplacement-prevues-dans-budget-2024","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2425-011-S--budget-2024-update-alternative-minimum-tax--modifications-impot-minimum-remplacement-prevues-dans-budget-2024","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2425-011-S--budget-2024-update-alternative-minimum-tax--modifications-impot-minimum-remplacement-prevues-dans-budget-2024"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2425-011-S--budget-2024-update-alternative-minimum-tax--modifications-impot-minimum-remplacement-prevues-dans-budget-2024","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2425-011-S--budget-2024-update-alternative-minimum-tax--modifications-impot-minimum-remplacement-prevues-dans-budget-2024"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/3aa8050abcdb6a1c573a6df9a90084f8a1036f306cb15cf1a7959306a753c937"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/26863722f3695f588ca6406af6661d6015b10d48d97783707c9bb15b30c510cf"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d1d1b5b9ec156ae755eb02441d61ec80b0aa1a24500051b5af3da89a8d3a2a13","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8eb93d89a0017eb8f41526881f4507d73ae0a69f921c7da1e7811ca193f489c9","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6d0da1cb240f042542f15da97bdbe1e93670291154519439fb698d9950947b2b","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/654f25e8347f2504f7a3dd2b3401fbd0f78635d4eeaf63f0341b78d72c5720c1","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d065cb7cc8cf235e6d4812480c19c9bdf3dc18ab130012418a427d2dcdac4b59","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/64430e540a4f82b58df9037ef2d1653421b9c77371724d5a13b696ec4953c765","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/80a76ab5c4ac071afb19a850af2f7aaf2e1f4944d26207bc7ff91b76e79dbc1f","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/40acc9ac86b6d60c5dcd2f89c563fc6b698874a9e93115ff197a40022c313983"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/74192af638288276dcb03d262f2cdb661ccd63f18565797bec0300403b1d789c","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b3b2f3f85ec94e4ec66141faf4f9cb791c25fc407ef0431bee59c49a3aee948c","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/65bccead23771401dfe156554199aedecc7fc529941f53efba160b172ba78c5a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4ebe7c64b65ca7536a4c9e4ef9c8bd0b20300fefba160a9324c35dbb7967b84a","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cb71567038aad3d35f290cae78e72114ac1b6010f6d0f10ab36af3a2017ae70a","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9de5dba111e3a019e906af8dcca9f22bded28d09af59ebd879de940a6b9e3eb6","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0c1c7837d5eb3fef9d2ff331703be2d1f3b8fef1a6cedbe57599be5a0909c9f2","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/80d13350e62a8e5e2a7a24e5cdbcf4e5d4af5f7074a7dc0c177882577b011ee2"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2425011S,\n author={Dong, Matt and Michalyshyn, Katarina},\n title={Budget 2024 Update to the Alternative Minimum Tax},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2425011S,\n author={Dong, Matt and Michalyshyn, Katarina},\n title={Modifications \\`{a} l\u2019imp\\^{o}t minimum de remplacement pr\\\u0027{e}vues dans le budget 2024},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"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":"LEG-2425-006-S","is_published":"2024-06-17T12:57:11.000000Z","release_date":"2024-06-17T13:00:00.000000Z","title_en":"Cost estimate of alcohol excise duty relief","title_fr":"Estimation des co\u00fbts li\u00e9s \u00e0 l\u2019all\u00e8gement du droit d\u2019accise sur l\u2019alcool","internal_id":"LEG-2425-006-S","metadata":{"abstract_en":"In an announcement on March 9, 2024, the government proposed two measures to provide excise duty relief to alcohol producers. These measures would be in place for the 2024-25 and 2025-26 fiscal years. The first measure was maintaining the yearly increases on excise duty rates at 2 per cent, instead of the yearly increases being tied to inflation. The second measure was a further reduction of 50% on excise duty applied to a brewer\u2019s first 15,000 hL of beer brewed in Canada.\n\nThe PBO estimates these measures will have a fiscal cost of $393 million over 5 years. In each year of this costing, the policy changes would only reduce the total alcohol excise duty revenue by about 3%.","abstract_fr":"Dans le cadre d\u2019une annonce faite le 9 mars 2024, le gouvernement a propos\u00e9 deux mesures d\u2019all\u00e8gement du droit d\u2019accise \u00e0 l\u2019intention des producteurs d\u2019alcool . Ces mesures seront mises en place pour les exercices financiers 2024-2025 et 2025-2026. La premi\u00e8re mesure visait \u00e0 maintenir les hausses annuelles des taux du droit d\u2019accise \u00e0 2 pour cent, au lieu d\u2019imposer des augmentations annuelles li\u00e9es au taux d\u2019inflation. La deuxi\u00e8me mesure consistait \u00e0 bonifier la r\u00e9duction en coupant de moiti\u00e9 les taux du droit d\u2019accise sur les 15 000 premiers hectolitres de bi\u00e8re qu\u2019un fabricant brasse au Canada.\n\nLe DPB estime que ces mesures entra\u00eeneront un co\u00fbt budg\u00e9taire de 393 millions de dollars sur 5 ans. Pour chaque ann\u00e9e de cette estimation des co\u00fbts, les modifications \u00e0 la politique ne r\u00e9duiraient les recettes totales des droits d\u2019accise sur l\u2019alcool que d\u2019environ 3 pour cent.","highlights":[]},"updated_at":"2024-06-27T15:17:28.000000Z","type":"LEG","slug":"LEG-2425-006-S--cost-estimate-alcohol-excise-duty-relief--estimation-couts-lies-allegement-droit-accise-alcool","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2425-006-S--cost-estimate-alcohol-excise-duty-relief--estimation-couts-lies-allegement-droit-accise-alcool","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2425-006-S--cost-estimate-alcohol-excise-duty-relief--estimation-couts-lies-allegement-droit-accise-alcool"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2425-006-S--cost-estimate-alcohol-excise-duty-relief--estimation-couts-lies-allegement-droit-accise-alcool","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2425-006-S--cost-estimate-alcohol-excise-duty-relief--estimation-couts-lies-allegement-droit-accise-alcool"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/0aab7fc3b96b2b37a7fa9bb5011268a165b850f5b20e958be0b7e707f9bad09f"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/c99565e5f279fd051c7a01483ba73cf41958c90ba8e7d39cd4c71ba630232705"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9abb186dab264465a6f7f09c0abfb6b9ee868957977c7b4e2e11c750466774ed","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d4afcc6d1996b6a174cd286d0b994f01e09c99efb531a4f3b23163b5272790c8","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ef05e0bb7d0f5a45ad7e6cdd0e94ca79ce200d5268cc981c9eb47bae870e0e07","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a4044d1743cd11bc3e92b576da56ad3d6a7d947a675dc69d80556c4b9cc2fad9","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0cd413c9c3da50fc577edf45a260a9beb82ce9033c99172ab37f1a8f7cc145bf","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/015ce3f0bde750ac2e34536343c00a77b9702764cbc946d74f45d1594ce7f6a2","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d67b7888d075af5611bf72c163b9fecced861402430228e216b4b6eee6c92dbe","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b6d5911143c29482f0f84525838cb739cdab00acaa0cb73dd594a8ac3edc5320"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5f64dce81119e87b5f7d908ab85a80fb2f3bdf9d0a76f493e036ea837ec7a1de","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/46f00b83217ebcaaf4ff8ff4c8ec475d27cb4b9507fa8642888a2329bd62af9c","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/980d6f37bae44abc392a88f523d35f18776cc93e0a0891abd1a42636a6d986fb","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a660af6a8f8bad8fe0329c2718108cce2934704def13fbcda21a6d32a0e6c871","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/be74f5869456dbdbbe6051e97a82dd1ac503b62c34633df5c75671081e939fa0","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7f8c36d0fd357a7be4b02f3098f0c3ff8aa6f8ec37cecb254c1bc2bbfdac4aca","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3d7833d73c0df6114de00c113a74799543173616e1f1a621fe18b463cc04e753","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/47737d2db82d29cfb01218ba3d91ba5fd74fedd1881997f3345c975b934fabbb"}}},"bills":[{"id":558,"created_at":"2024-05-02T14:00:07-04:00","updated_at":"2024-06-27T11:17:30-04:00","legisid":"44_1_C-69","parliament":44,"session":1,"prefix":"C","number":69,"title_en":"An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024","title_fr":"Loi portant ex\u00e9cution de certaines dispositions du budget d\u00e9pos\u00e9 au Parlement le 16 avril 2024","bill_num":"C-69","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/bills--projets-de-loi\/44-1\/C-69","legisinfo":"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/44-1\/c-69"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/bills--projets-de-loi\/44-1\/C-69","legisinfo":"https:\/\/www.parl.ca\/LegisInfo\/fr\/projet-de-loi\/44-1\/c-69"}},"pivot":{"publication_id":810,"bill_id":558}}],"bibtex":{"en":"@techreport{PBO-LEG2425006S,\n author={Michalyshyn, Katarina},\n title={Cost estimate of alcohol excise duty relief},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2425006S,\n author={Michalyshyn, Katarina},\n title={Estimation des couts li\\\u0027{e}s \\`{a} l\u2019all\\`{e}gement du droit d\u2019accise sur l\u2019alcool},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2425-003-S","is_published":"2024-05-09T12:57:07.000000Z","release_date":"2024-05-09T13:00:00.000000Z","title_en":"Foregone revenue from enhanced GST Rental Rebate on purpose-built rental housing","title_fr":"Manque \u00e0 gagner en raison de la bonification du remboursement de la TPS pour immeubles d\u2019habitation locatifs","internal_id":"RP-2425-003-S","metadata":{"abstract_en":"To help increase the construction of purpose-built rental units, the government introduced an enhancement to the goods and services tax (GST) Rental Rebate.\n\nTo be eligible for the enhanced rebate, construction must have begun between September 14, 2023 and December 31, 2030. Construction must be finished by December 31, 2035.\n\nThe PBO estimates that the total foregone GST due to this measure would be $5.8 billion between 2023-24 and 2028-29.","abstract_fr":"Pour favoriser la construction de logements locatifs, le gouvernement a instaur\u00e9 une bonification du remboursement de la taxe sur les produits et services (TPS) pour immeubles d\u2019habitation locatifs.\n\nPour donner droit au remboursement bonifi\u00e9, la construction doit avoir commenc\u00e9 entre le 14 septembre 2023 et le 31 d\u00e9cembre 2030. La construction doit \u00eatre achev\u00e9e au plus tard le 31 d\u00e9cembre 2035.\n\nLe DPB estime que le manque \u00e0 gagner attribuable \u00e0 la bonification du remboursement de la TPS s\u2019\u00e9l\u00e8verait \u00e0 5,8 milliards de dollars entre 2023-2024 et 2028-2029.","highlights":[{"content":{"en":"To help increase the construction of purpose-built rental units, the government introduced an enhancement to the goods and services tax (GST) Rental Rebate.","fr":"Pour favoriser la construction de logements locatifs, le gouvernement a instaur\u00e9 une bonification du remboursement de la taxe sur les produits et services (TPS) pour immeubles d\u2019habitation locatifs."}},{"content":{"en":"The enhancement increases the amount of rebate given and the number of purpose-built rental units that will qualify for a rebate.","fr":"Cette bonification augmente le montant du remboursement accord\u00e9 et le nombre de logements construits express\u00e9ment pour la location admissibles \u00e0 un remboursement."}},{"content":{"en":"To be eligible for the enhanced rebate, construction must have begun between September 14, 2023 and December 31, 2030. Construction must be finished by December 31, 2035.","fr":"Pour \u00eatre admissible au remboursement bonifi\u00e9, la construction doit avoir commenc\u00e9 entre le 14 septembre 2023 et le 31 d\u00e9cembre 2030. La construction doit \u00eatre achev\u00e9e au plus tard le 31 d\u00e9cembre 2035."}},{"content":{"en":"The PBO estimates that the total foregone GST due to this measure would be $5.8 billion between 2023-24 and 2028-29.","fr":"Le directeur parlementaire du budget (DPB) estime que le manque \u00e0 gagner attribuable \u00e0 la bonification du remboursement de la TPS s\u2019\u00e9l\u00e8verait \u00e0 5,8 milliards de dollars entre 2023-2024 et 2028-2029."}}]},"updated_at":"2024-05-09T12:57:07.000000Z","type":"RP","slug":"RP-2425-003-S--foregone-revenue-from-enhanced-gst-rental-rebate-purpose-built-rental-housing--manque-gagner-raison-bonification-remboursement-tps-immeubles-habitation-locatifs","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-003-S--foregone-revenue-from-enhanced-gst-rental-rebate-purpose-built-rental-housing--manque-gagner-raison-bonification-remboursement-tps-immeubles-habitation-locatifs","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2425-003-S--foregone-revenue-from-enhanced-gst-rental-rebate-purpose-built-rental-housing--manque-gagner-raison-bonification-remboursement-tps-immeubles-habitation-locatifs"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-003-S--foregone-revenue-from-enhanced-gst-rental-rebate-purpose-built-rental-housing--manque-gagner-raison-bonification-remboursement-tps-immeubles-habitation-locatifs","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2425-003-S--foregone-revenue-from-enhanced-gst-rental-rebate-purpose-built-rental-housing--manque-gagner-raison-bonification-remboursement-tps-immeubles-habitation-locatifs"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/859c59342ccb7ad2630815c69aff4bba63a4557e1c2a84b328ddc2765f4e73f3"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/08feee461a2a8d3aa51cb19deadf9f1f8def87a3461f81b5c9aed0a36ec2d06e"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d3d71db884cc6bfde238c79994f8ca7aa9940b312e6815eadf4104e79a54d1ab","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0aa137d6a85564ef8e2ffe26c580f10d9f68a0088ef891cad7f60c037d65bfc5","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/17bc6d1d991c5545f5203053e908f38371450e4f5b1f510c89c7d2ae42c4a3d0","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a346ef4f5d7746a48e336c8a9c322b895ed3260680dcf47f0f5e8f55e7da1631","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06585cea57585f554f032bd946f55c56a612deaba2f6e2ffccfca0f319357e4b","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/86301bfd660f0e3810369fd9ea7c2e705e680122ff3a91c27a14fbc878b5421f","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f4f11fbcf7c587bdd237834879a917696c3c5eb13d7f3b02dfe6d77a62faee8a","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8b85a8b2c79445c4261899ba8a004cf9d54915503972f765311b6229b2dccc2b"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/30f0afb1ff7fa20984abc50378e13fd0ee9c115c248cb5a9905a163f966a0e3f","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7971b313f16b18b016c15c26b23901ac59a99e4b5d86f25726f7faed57289eff","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4c4d25297443aeafead7c28a1f0dc1d71ed980fc3ac69488aa75a12365bec05d","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a21f9bbf27967b01916965994938c01ef10108cbfaf1cd07e2718c1565d47394","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f24e3f72e82c54e2d5275587d5ecc89b48764046badec3e7bdbab0ac7c40807d","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/637b18dfba053fc8ecdf0020df1bdfcca4db22694fa95842a0a3f156f47b3185","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1eb09bdf13755f97de9d605b9567fa75c2c021ed7975e97d48da496c438dddcd","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0cd391ae1708644b17fcb96d70769485fa9c3c07ccc9e40cd11a08373d50c22d"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2425003S,\n author={Michalyshyn, Katarina},\n title={Foregone revenue from enhanced GST Rental Rebate on purpose-built rental housing},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2425003S,\n author={Michalyshyn, Katarina},\n title={Manque \\`{a} gagner en raison de la bonification du remboursement de la TPS pour immeubles d\u2019habitation locatifs},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2324-027-S","is_published":"2024-03-05T13:57:09.000000Z","release_date":"2024-03-05T14:00:00.000000Z","title_en":"Economic and Fiscal Outlook \u2014 March 2024","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2014 Mars 2024","internal_id":"RP-2324-027-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":"Ce rapport fournit une projection de base pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et budg\u00e9taires potentiels dans le contexte actuel des politiques.","highlights":[{"content":{"en":"The Parliamentary Budget Officer (PBO) projects growth in the Canadian economy to remain sluggish through 2024. Restrictive monetary policy is expected to restrain growth in consumer spending in the first half of the year and to dampen residential investment over the course of this year. Inventory investment is projected to subtract from growth as businesses pullback on their stock building.","fr":"Le directeur parlementaire du budget (DPB) s\u2019attend \u00e0 ce que la croissance de l\u2019\u00e9conomie canadienne demeure l\u00e9thargique tout au long de 2024. La politique mon\u00e9taire restrictive devrait limiter la croissance des d\u00e9penses de consommation au cours de la premi\u00e8re moiti\u00e9 de l\u2019ann\u00e9e et freiner l\u2019investissement r\u00e9sidentiel tout au long de celle-ci. L\u2019investissement en stocks devrait freiner la croissance \u00e0 mesure que les entreprises reculent dans la constitution de leurs stocks."}},{"content":{"en":"As excess supply in the economy increases and commodity prices continue to weaken, PBO projects that Consumer price index (CPI) inflation will return to its 2 per cent target by the end of 2024. With CPI inflation on track to return to target later this year, we continue to expect the Bank of Canada to start lowering its policy rate in April.","fr":"Avec l\u2019augmentation de l\u2019offre exc\u00e9dentaire dans l\u2019\u00e9conomie et la baisse des prix des produits de base, le DPB pr\u00e9voit que l\u2019inflation de l\u2019indice des prix \u00e0 la consommation (IPC) reviendra \u00e0 sa cible de 2 % d\u2019ici la fin de 2024. L\u2019inflation de l\u2019IPC \u00e9tant en bonne voie de revenir \u00e0 sa cible plus tard cette ann\u00e9e, nous nous attendons toujours \u00e0 ce que la Banque du Canada commence \u00e0 baisser son taux directeur en avril."}},{"content":{"en":"PBO projects the budgetary deficit to rise to $46.8 billion (1.6 per cent of the Gross domestic product (GDP)) in 2023-24 from the $35.3 billion (1.3 per cent of GDP) deficit recorded in 2022\u201123. Assuming no new measures are introduced, and existing temporary measures sunset as scheduled, the deficit is projected to resume its downward trajectory, falling to $16.9 billion (0.5 per cent of GDP) in 2028-29.","fr":"Le DPB s\u2019attend \u00e0 ce que le d\u00e9ficit budg\u00e9taire augmente \u00e0 46,8 milliards de dollars (1,6 % du produit int\u00e9rieur brut (PIB)) en 2023-2024 par rapport au d\u00e9ficit de 35,3 milliards de dollars (1,3 % du PIB) enregistr\u00e9 en 2022-2023. 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 16,9 milliards de dollars (0,5 % du PIB) en 2028-2029."}},{"content":{"en":"PBO projects the federal debt-to-GDP ratio to increase from its 2022-23 level of 41.7 per cent, reaching 42.4 per cent in 2023\u201124 and 42.5 per cent in 2024\u201125. Assuming no new measures and existing temporary measures sunset as scheduled, the federal debt ratio is projected to fall to 39.2 per cent in 2028\u201129 but remain well above its pre-pandemic level of 31.2 per cent of GDP in 2019\u201120.","fr":"Le DPB s\u2019attend \u00e0 ce que le ratio de la dette f\u00e9d\u00e9rale au PIB augmente par rapport \u00e0 son niveau de 41,7 % en 2022-2023 pour s\u2019\u00e9tablir \u00e0 42,4 % en 2023-2024 et 42,5 % 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 39,2 % en 2028\u20112029, mais rester 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 from 7.8 per cent in 2022\u201123 to 10.2 per cent in 2023\u201124. As the effective interest rate on debt edges higher in 2024\u201125, we project the debt service ratio to increase further and average 10.7 per cent through 2028\u201129\u2014well above its pre-pandemic record low of 7.0 per cent in 2018-19.","fr":"Le DPB s\u2019attend \u00e0 ce que le ratio du service de la dette (c\u2019est-\u00e0-dire les frais de la dette publique par rapport aux recettes totales) augmente, passant de 7,8 % en 2022-2023 \u00e0 10,2 % en 2023-2024. \u00c9tant donn\u00e9 que le taux d\u2019int\u00e9r\u00eat effectif sur la dette sera plus \u00e9lev\u00e9 en 2024-2025, nous nous attendons \u00e0 ce que le ratio du service de la dette augmente encore et s\u2019\u00e9tablisse \u00e0 10,7 % en moyenne jusqu\u2019en 2028-2029, bien au-dessus du niveau plancher pr\u00e9pand\u00e9mique de 7,0 % en 2018-2019."}}]},"updated_at":"2024-03-05T13:57:09.000000Z","type":"RP","slug":"RP-2324-027-S--economic-fiscal-outlook-march-2024--perspectives-economiques-financieres-mars-2024","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-027-S--economic-fiscal-outlook-march-2024--perspectives-economiques-financieres-mars-2024","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-027-S--economic-fiscal-outlook-march-2024--perspectives-economiques-financieres-mars-2024"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-027-S--economic-fiscal-outlook-march-2024--perspectives-economiques-financieres-mars-2024","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-027-S--economic-fiscal-outlook-march-2024--perspectives-economiques-financieres-mars-2024"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/592b2821b72a722d94c7e2ec550869247372b74075bbba84f38f09c8b398fce9"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/4c4cdb97a9afd883daa9e3d3e5391752c1a3def1a44039e6ae978ac84625ab38"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06095f19ca30d6fc8a62e52d7c5a64f0b9c5aa6910c3c18996b34405155b6077","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/193cee6e59ff94014ee8cde3ef61c938752076572e540ed663955de3dd4d4253","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/333d8b06ff001133abd4a56b5d354ce264bb556a0084a4f3920ee4eff8d9489c","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ccdbba14afda98a8df3c8e1228b3605e6aa2c8b67096d0e2919fd593a7535eab","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2a83fb90de2a7d96a541a581e66b63da3d200e81f92b280d7e66a73ce06ab7ea","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2634b3c2c427a0819236effc902f3b958ea661c6d9bdf202154e68a836e7f7f5","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3076bacb621066bf6486b3c84dfce44e410ccf761d848121d3983861487a7744","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/57aee2ca666b3496b4b887b4b6b374f872c8c6aabe9241457dbdab9ccca1372e"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/90f20a17fafa029f686260ced14140337e6f2188e8b1f3599b30eaf25ca5906d","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c7bc398e2aac825d14c45c527125d0cbfa48fe76dd9ea7263985db5829b94e8c","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/47329158fe8dc39c56ae28a48ce0a82834432f9f7951cf313c1b33f030b21b8f","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5dbaa3fe6b3a25c0c1f221ed7b11ef344a2c3e9690ef34db402122a50ff7a5f9","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/07544b6965ecbc93e866d9f5a34d45c70a4fe919ce66bbca45aae402b6a4b775","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f445fff1f4395e5a7bc05d3de9a0e4e4646d059d2a37f8d2c3956b3f773efc1c","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cc356e5be4e13ddaabf1c4d9a171b8407b4324294f84713134e868c1c8ef09d1","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6170b6fec1a23dedf88a5b804769aac1fae2ac0ec854b39e516b78aed786e9f6"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2324027S,\n author={Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Nahornick, Nora and Robert-Lacroix, Ulysse and Scholz, Tim and Stanton, Jason and Vrhovsek, Zachary},\n title={Economic and Fiscal Outlook \\textemdash March 2024},\n institution={The Office of the Parliamentary Budget Officer},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324027S,\n author={Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Nahornick, Nora and Robert-Lacroix, Ulysse and Scholz, Tim and Stanton, Jason and Vrhovsek, Zachary},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res \\textemdash Mars 2024},\n institution={Bureau du directeur parlementaire du budget},\n year=2024,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2324-017-S","is_published":"2023-10-13T12:57:11.000000Z","release_date":"2023-10-13T13:00:00.000000Z","title_en":"Economic and Fiscal Outlook \u2013 October 2023","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2013 octobre 2023","internal_id":"RP-2324-017-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 financiers possibles dans le cadre des politiques actuelles.","highlights":[{"content":{"en":"Following the contraction in real GDP in the second quarter, PBO projects the Canadian economy to stagnate in the second half of 2023. As the Bank of Canada maintains its restrictive monetary policy to restore price stability, we project that consumer spending will remain weak in the second half of this year and the first half of 2024.","fr":"Apr\u00e8s la contraction du produit int\u00e9rieur brut (PIB) r\u00e9el au deuxi\u00e8me trimestre, le DPB pr\u00e9voit que l\u2019\u00e9conomie canadienne stagnera au cours du deuxi\u00e8me semestre de l\u2019ann\u00e9e 2023. Alors que la Banque du Canada maintient sa politique mon\u00e9taire restrictive afin de r\u00e9tablir la stabilit\u00e9 des prix, nous pr\u00e9voyons que les d\u00e9penses de consommation demeureront faibles au cours du deuxi\u00e8me semestre de cette ann\u00e9e et de la premi\u00e8re moiti\u00e9 de l\u2019ann\u00e9e 2024."}},{"content":{"en":"PBO expects the Bank of Canada to hold the policy interest rate at 5 per cent through the first quarter of 2024. With CPI inflation on track to return to its 2 per cent target, we then expect the Bank to start lowering its policy rate in April 2024.","fr":"Le DPB s\u2019attend \u00e0 ce que la Banque du Canada maintienne le taux directeur \u00e0 5 % jusqu\u2019au premier trimestre de 2024. L\u2019inflation de l\u2019IPC \u00e9tant en bonne voie de revenir \u00e0 sa cible de 2 %, nous pr\u00e9voyons que la Banque commencera \u00e0 abaisser son taux directeur en avril 2024."}},{"content":{"en":"For the current fiscal year, 2023-24, PBO projects the budgetary deficit to rise to $46.5 billion (1.6 per cent of GDP). Assuming no new measures are introduced, and existing temporary measures sunset as scheduled, the budgetary deficit is projected to resume its downward trajectory, falling to $8.2 billion (0.2 per cent of GDP) in 2028-29.","fr":"Pour l\u2019exercice financier en cours, soit 2023-2024, le DPB pr\u00e9voit que le d\u00e9ficit budg\u00e9taire atteindra 46,5 milliards de dollars (1,6 % du PIB). 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 8,2 milliards de dollars (0,2 % du PIB) en 2028-2029."}},{"content":{"en":"PBO projects the federal debt-to-GDP ratio to rise to 42.6 per cent in 2023 24. Assuming no new measures and existing temporary measures sunset as scheduled, the federal debt ratio is projected to fall to 37.8 per cent in 2028-29 but remain above its pre-pandemic level of 31.2 per cent of GDP in 2019-20.","fr":"Le DPB pr\u00e9voit une augmentation du ratio de la dette f\u00e9d\u00e9rale au PIB de 42,6 % en 2023-2024. 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 37,8 % en 2028 2029, mais rester 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 tax revenues) under status quo policy will peak at 12.0 per cent in 2023-24 and then decline gradually to 11.0 per cent in 2028-29\u2014well above its pre-pandemic low of 8.3 per cent in 2018-19.","fr":"Le DPB projette que le ratio du service de la dette (c\u2019est-\u00e0-dire les charges de la dette publique par rapport aux recettes fiscales), selon une politique de statu quo, culminera \u00e0 12,0 % en 2023 2024, puis diminuera progressivement pour s\u2019\u00e9tablir \u00e0 11,0 % en 2028 2029, soit bien au-dessus de son niveau le plus bas enregistr\u00e9 avant la pand\u00e9mie, \u00e0 savoir 8,3 % en 2018 2019."}}]},"updated_at":"2023-10-30T11:33:03.000000Z","type":"RP","slug":"RP-2324-017-S--economic-fiscal-outlook-october-2023--perspectives-economiques-financieres-octobre-2023","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-017-S--economic-fiscal-outlook-october-2023--perspectives-economiques-financieres-octobre-2023","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-017-S--economic-fiscal-outlook-october-2023--perspectives-economiques-financieres-octobre-2023"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-017-S--economic-fiscal-outlook-october-2023--perspectives-economiques-financieres-octobre-2023","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-017-S--economic-fiscal-outlook-october-2023--perspectives-economiques-financieres-octobre-2023"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/48014b51a8f869dfb0ecc9163f1989c560c107cc3aa9d29a8dd1a40c0e73a664"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/5a2187bb6ed654597e45117677fde8a53b7c0a8077ae4a9b273c502021b0395c"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3f0ac070338e99c9e024fba6f51d4395126b1599787a710bc8fdbec59ca37a37","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8c91fc6b516a055baf6267c0abc49211144c48fc985888ece068f613b2cf319b","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/14b870179b375409a94eeffa2e0d61259656c7809717b46bdb6e7dad1a9f71a6","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/00ded9049717d36f0c90aff050bdddb50322d81c4bce1276b1a19629c18e74a1","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/44bead66a5730a843703164f455cee7a8c0996f290a82de984f88dbe04724229","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4b7d2bc161fbd66fc5a11fa51ed60e04d126d82106341b5825c86ca531bbb63e","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/638b944b8a5c42cd8fb34525cffa2f681b543c9d951bfcfa6dcccbad26fef0f7","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5bc367026e766c2206b92a261d23a5ae22f768e441ced0d482fc5d309df15ff1"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/56494b21089fb3dda05eddd3db11b01cf2f3b8501786202a860318fbce74fd30","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f500451f2c3b4caa34db934cbdc42353bdcba90ded1906ef5bd7a52df24950cd","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c90fe809718cb6febee32cb61f76eb4bcb4a25468ba7471d8b2deb403ce49e9a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/989467e8f14bcb1bedc4dc28e0bfe87d655c6d0a931a131143a05955cc326be5","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/75a85c74ee28b7c3f6145b7083ae8c3c48a677ee28a6881ede7e45671bd90aea","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/39db98261619edf2a1ac49332ff049d6d76ca5c35e2050f9a592bb52b452def3","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d5b736fc0483291faa10877244e87eb2652a011436040ed8f56f8a2c3abe1eb2","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cf3e4baa03ffec0d871a79beeaf32e59e01ad11e59bf6f554a5b4652d706d271"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2324017S,\n author={Ammar, Nasreddine and Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Nahornick, Nora and Stanton, Jason and Vanderwees, Kaitlyn},\n title={Economic and Fiscal Outlook - October 2023},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324017S,\n author={Ammar, Nasreddine and Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Nahornick, Nora and Stanton, Jason and Vanderwees, Kaitlyn},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - octobre 2023},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2324-012-S","is_published":"2023-09-07T12:57:11.000000Z","release_date":"2023-09-07T13:00:00.000000Z","title_en":"Changes to the Alternative Minimum Tax as Proposed in Budget 2023","title_fr":"Modifications \u00e0 l\u2019imp\u00f4t minimum de remplacement propos\u00e9es dans le budget de 2023","internal_id":"RP-2324-012-S","metadata":{"abstract_en":"This report estimates the impact of changes to the Alternative Minimum Tax (AMT) proposed in Budget 2023. \n\nSome high-earning individuals and trusts have enough tax credits, deductions and other tax incentives that their income tax as a percentage of their income is lower than that of other taxpayers. The AMT aims to ensure that higher-income taxpayers pay at least a base rate of tax. Budget 2023 proposed changes to the AMT that would make the highest-income earners pay a greater proportion of the total AMT revenue.","abstract_fr":"Ce rapport \u00e9value l\u2019impact des modifications \u00e0 l\u2019imp\u00f4t minimum de remplacement (IMR) propos\u00e9es dans le budget 2023. \n\nCertains particuliers et certaines fiducies ayant un revenu \u00e9lev\u00e9 ont suffisamment de cr\u00e9dits d\u2019imp\u00f4t, de d\u00e9ductions et d\u2019autres incitatifs fiscaux pour faire en sorte que leur imp\u00f4t sur le revenu soit peu \u00e9lev\u00e9, en pourcentage de leurs revenus, comparativement \u00e0 d\u2019autres contribuables. L\u2019IMR existe afin de faire en sorte que les contribuables paient au moins un montant minimal d\u2019imp\u00f4t de base. Le budget de 2023 proposait des modifications \u00e0 l\u2019IMR visant \u00e0 ce que les contribuables ayant les revenus les plus \u00e9lev\u00e9s paient une proportion plus importante des revenus totaux d\u00e9coulant de l\u2019IMR.","highlights":[{"content":{"en":"Budget 2023 proposed changes to the Alternative Minimum Tax (AMT).","fr":"Dans son budget de 2023, le gouvernement f\u00e9d\u00e9ral a propos\u00e9 des modifications \u00e0 l\u2019imp\u00f4t minimum de remplacement (IMR)."}},{"content":{"en":"The AMT is an alternative tax calculation meant to ensure that high-income individuals and trusts do not pay a disproportionately small amount of tax relative to their income compared with other taxpayers.","fr":"L\u2019IMR est une m\u00e9thode de remplacement pour calculer l\u2019imp\u00f4t \u00e0 payer qui vise \u00e0 assurer que les particuliers et les fiducies ayant des revenus \u00e9lev\u00e9s ne paient pas un montant d\u2019imp\u00f4t d\u00e9mesur\u00e9ment petit par rapport \u00e0 leurs revenus comparativement \u00e0 celui que paient les autres contribuables."}},{"content":{"en":"The estimated net revenue from these changes is $2.6 billion over five years.","fr":"Les revenus nets d\u00e9coulant de ces modifications sont estim\u00e9s \u00e0 2,6 milliards de dollars sur 5 ans."}},{"content":{"en":"The changes are expected to shift the tax burden to higher-income individuals. However, the same shift is not expected for trusts.","fr":"Les modifications devraient faire en sorte que le fardeau fiscal repose sur les \u00e9paules des particuliers ayant des revenus \u00e9lev\u00e9s. Toutefois, on ne s\u2019attend pas \u00e0 ce que ce soit aussi le cas pour les fiducies."}}]},"updated_at":"2023-09-07T12:57:11.000000Z","type":"RP","slug":"RP-2324-012-S--changes-alternative-minimum-tax-as-proposed-in-budget-2023--modifications-impot-minimum-remplacement-proposees-dans-budget-2023","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-012-S--changes-alternative-minimum-tax-as-proposed-in-budget-2023--modifications-impot-minimum-remplacement-proposees-dans-budget-2023","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2324-012-S--changes-alternative-minimum-tax-as-proposed-in-budget-2023--modifications-impot-minimum-remplacement-proposees-dans-budget-2023"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-012-S--changes-alternative-minimum-tax-as-proposed-in-budget-2023--modifications-impot-minimum-remplacement-proposees-dans-budget-2023","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2324-012-S--changes-alternative-minimum-tax-as-proposed-in-budget-2023--modifications-impot-minimum-remplacement-proposees-dans-budget-2023"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/82b3b4faf430fa27e95fd3027ba2eb5ba12f530bb56327b54d5798323d69228b"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/4c4538c4bb3b052b6c3f64fe0929886536433d54ec605e80ad9ed1f61f1b8ce1"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/222fbfd1b035d3016fcbf060008e275641f1322795649d640523e90c44a13e20","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cc9cc3d9c80002ca6d4be6afe33f9e4001a06c9001282ea863f48f27c2740659","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e1fe61702916a2409e988be064c9029c83c09b3c854648a4851a5db0eb040301","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c3ad7c84353e4dea042c11f02264b266c296b20e8f4e9a146cdbd19499bc9a28","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/20f84a8c07c5d25ccc6aa0998e77212ddec80cbf716a540d37bc263cc6a14fb8","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c61db7cc3e4d66de7cca8c57030f49c7ea8e4a40b0c2532736947375c4d681d5","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7862083f3aa966c89be8c67fc1c305d8f2989add8719c3015b5428e27d845d1a","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/94a038227197930e3af55315bd250209793260013c2a4f9e8569d2218390b20e"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4491a46b1a173594c463fabad63be2bc81b0d8204e50906371dbf1dd4c9a9aee","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e615d10be5f5cbb0a74cdc6367027420f502a5de95685155915d48f69b177b7b","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d1b7f336351071ef76341a1fbe28ca49ed9eeb49651ae78855fcfde86ce3161a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/91e1f212e585e5890e741abd424386db2c2cb086b5751d76bb2e9205818bfb2a","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/16eb508a80a3f7c513277f3151daa60f338b8fd4a751a9b6f9d69016c2daa7c2","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f76b91fca4de2c37d007f794017be5598242d6a9632c5e510c88e7197a805853","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2213879df96835a812f26f2252f714e639d554bbecefdfc37f53a4d2f6174345","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e4d9af34c1b6f52d463de6a767a8fad3aac1a9a98ea646d9217a614548471959"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2324012S,\n author={Michalyshyn, Katarina and Dong, Matt},\n title={Changes to the Alternative Minimum Tax as Proposed in Budget 2023},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2324012S,\n author={Michalyshyn, Katarina and Dong, Matt},\n title={Modifications \\`{a} l\u2019imp\\^{o}t minimum de remplacement propos\\\u0027{e}es dans le budget de 2023},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2324-004-M","is_published":"2023-05-12T12:57:08.000000Z","release_date":"2023-05-12T13:00:00.000000Z","title_en":"Cost estimate of Employment Insurance Board of Appeal","title_fr":"Estimation du co\u00fbt du Conseil d\u2019appel en assurance-emploi","internal_id":"LEG-2324-004-M","metadata":{"abstract_en":"Bills C-37 and C-47 propose the establishment of the Employment Insurance Board of Appeal (BOA) which will replace the Social Security Tribunal General Division \u2013 Employment Insurance (SST \u2013 EI). The total net cost between 2023-24 to 2027-28 is estimated to be $132 million. The necessary funding is expected to be covered by the Employment Insurance Operating Account (EIOA) and the cost to be recuperated by increasing Employment Insurance (EI) premiums by less than 1 cent.","abstract_fr":"Les projets de loi C-37 et C-47 proposent l\u2019\u00e9tablissement du Conseil d\u2019appel en assurance emploi (CAAE) en remplacement de la section de l\u2019assurance emploi de la division g\u00e9n\u00e9rale du Tribunal de la s\u00e9curit\u00e9 sociale (TSS-AE). Le co\u00fbt net total de cette mesure est estim\u00e9 \u00e0 132 millions de dollars entre 2023-2024 et 2027-2028. On s\u2019attend \u00e0 ce que les fonds n\u00e9cessaires proviennent du Compte des op\u00e9rations de l\u0027assurance-emploi (COAE) et \u00e0 ce que le co\u00fbt soit r\u00e9cup\u00e9r\u00e9 au moyen d\u2019une hausse des cotisations d\u2019assurance emploi de moins de 1 cent.","highlights":[]},"updated_at":"2023-05-12T12:57:08.000000Z","type":"LEG","slug":"LEG-2324-004-M--cost-estimate-employment-insurance-board-appeal--estimation-cout-conseil-appel-assurance-emploi","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2324-004-M--cost-estimate-employment-insurance-board-appeal--estimation-cout-conseil-appel-assurance-emploi","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2324-004-M--cost-estimate-employment-insurance-board-appeal--estimation-cout-conseil-appel-assurance-emploi"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2324-004-M--cost-estimate-employment-insurance-board-appeal--estimation-cout-conseil-appel-assurance-emploi","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2324-004-M--cost-estimate-employment-insurance-board-appeal--estimation-cout-conseil-appel-assurance-emploi"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/0e54e0116775de8f00f2b81dae26593a4bfc38dee5df51cb56d3fbf5fc437a27"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/e6b2ca4ed054af970f9c3b7e02a28f8815593cc1ce72b5a617201d92191df235"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8ef15005481c4706ff3d2ef8ee2edf785d1ea906333b959c4223d68a6b578c11","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0080695a0399f48e438fb3351df6ba3717a531c49e7ddeacc35e304e66d3beb7","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/278a906f18a4cf7ee35266fe4c68daae1ea3e4bad99d9c29ab8091be3ec669ec","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/865b32caeba3aa22965b5be1cd72453fb295d1e246e7fa13bac68201898d9e8f","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0fa3c93fd7b5bd10b62b013f29f209b5eb0e7a68656f541e9209f240901dbd91","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/77ca70b8d9959c457686193384d2435e6f724c1379e986ff224070d7871fc60b","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4933e77a94bd7ffb48ba90938c30efc1e56382af72cc08e128f893ffe12ea072","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b9ff068248715ff99e4f180dd46323c81e3b298db2ebfb30c526b170335c8c7b"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/908dbf5b95abf24c00c8d8214013060da1213f71377e0924f8370fb5bef1fc3b","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/85409d49b726c926d37fd814fc88075399d113cc7af5d11ab1b5117e573364d0","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/94792905c343b7e6621d4b4ebc10a6ebc49b6e1d04064f076ce0b3249b8d33e1","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3b9f812fa2aae6089d387c8cd0d2d4e8cd19e4b9f2fd8c80f8085cdf2bccc58e","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3cd1e2c4e9fc08fc3e5f33fa46f61b79f0efed19a6212266c34c1488be0151cb","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/360a4182ba65f1046f25f56b73200d630cd50066c5db5e080930645d875128b9","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b03f628f8ef8fe041cf86a9cf93ed5be77f0fe4405f0c448f4dc7876faa26e3d","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a2708e785be723d8e5114d0e4f8f7939a12031e4d57d61dee692701ca940c154"}}},"bills":[{"id":416,"created_at":"2022-12-15T06:00:09-05:00","updated_at":"2023-05-12T08:57:17-04:00","legisid":"44_1_C-37","parliament":44,"session":1,"prefix":"C","number":37,"title_en":"An Act to amend the Department of Employment and Social Development Act and to make consequential amendments to other Acts (Employment Insurance Board of Appeal)","title_fr":"Loi modifiant la Loi sur le minist\u00e8re de l\u0027Emploi et du D\u00e9veloppement social et apportant des modifications corr\u00e9latives \u00e0 d\u0027autres lois (Conseil d\u0027appel en assurance-emploi)","bill_num":"C-37","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/bills--projets-de-loi\/44-1\/C-37","legisinfo":"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/44-1\/c-37"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/bills--projets-de-loi\/44-1\/C-37","legisinfo":"https:\/\/www.parl.ca\/LegisInfo\/fr\/projet-de-loi\/44-1\/c-37"}},"pivot":{"publication_id":742,"bill_id":416}},{"id":450,"created_at":"2023-04-21T06:00:13-04:00","updated_at":"2023-05-12T08:57:17-04:00","legisid":"44_1_C-47","parliament":44,"session":1,"prefix":"C","number":47,"title_en":"An Act to implement certain provisions of the budget tabled in Parliament on March 28, 2023","title_fr":"Loi portant ex\u00e9cution de certaines dispositions du budget d\u00e9pos\u00e9 au Parlement le 28 mars 2023","bill_num":"C-47","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/bills--projets-de-loi\/44-1\/C-47","legisinfo":"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/44-1\/c-47"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/bills--projets-de-loi\/44-1\/C-47","legisinfo":"https:\/\/www.parl.ca\/LegisInfo\/fr\/projet-de-loi\/44-1\/c-47"}},"pivot":{"publication_id":742,"bill_id":450}}],"bibtex":{"en":"@techreport{PBO-LEG2324004M,\n author={Michalyshyn, Katarina},\n title={Cost estimate of Employment Insurance Board of Appeal},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2324004M,\n author={Michalyshyn, Katarina},\n title={Estimation du cout du Conseil d\u2019appel en assurance-emploi},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2223-026-S","is_published":"2023-03-07T13:57:02.000000Z","release_date":"2023-03-07T14:00:00.000000Z","title_en":"Costing the Express Entry Immigration Process","title_fr":"Co\u00fbt du programme d\u2019immigration d\u2019Entr\u00e9e express","internal_id":"RP-2223-026-S","metadata":{"abstract_en":"This report estimates the cost of the three immigration streams of the federal Express Entry system for Canada excluding Quebec.","abstract_fr":"Ce rapport propose une estimation du co\u00fbt des trois volets d\u2019immigration (Qu\u00e9bec non compris) du syst\u00e8me f\u00e9d\u00e9ral Entr\u00e9e express.","highlights":[{"content":{"en":"This report estimates the cost of the three immigration streams of the federal Express Entry system for Canada excluding Quebec \u2013 Federal Skilled Workers, Canadian Experience Class, and Federal Skilled Trades. Quebec uses a separate system, which is not covered in this report.","fr":"Ce rapport propose une estimation du co\u00fbt des trois volets d\u2019immigration (Qu\u00e9bec non compris) du syst\u00e8me f\u00e9d\u00e9ral Entr\u00e9e express \u2013 le Programme des travailleurs qualifi\u00e9s (f\u00e9d\u00e9ral), la Cat\u00e9gorie de l\u2019exp\u00e9rience canadienne, et le Programme des travailleurs de m\u00e9tiers sp\u00e9cialis\u00e9s (f\u00e9d\u00e9ral). Le Qu\u00e9bec, qui utilise un syst\u00e8me diff\u00e9rent, ne fait pas l\u2019objet du pr\u00e9sent rapport."}},{"content":{"en":"The fiscal costs arise from processing, pre-arrival services and post-arrival settlement services. Fees collected from immigration applicants recover some of these costs.","fr":"Le gouvernement paie les frais de traitement, les services avant l\u2019arriv\u00e9e et les services d\u2019\u00e9tablissement apr\u00e8s l\u2019arriv\u00e9e. Les frais exig\u00e9s des demandeurs compensent une partie du co\u00fbt."}},{"content":{"en":"The goal for processing applications in the Express Entry system is to complete 80% of applications within 6 months.","fr":"La cible du syst\u00e8me Entr\u00e9e express est que 80 % des demandes soient trait\u00e9es dans les six mois."}},{"content":{"en":"The gross cost of meeting the processing goal is estimated at $792 million over 5 years. Fees would recover $743 million, resulting in a net total cost of $48 million.","fr":"L\u2019atteinte de cet objectif co\u00fbterait, selon l\u2019estimation, 792 millions de dollars sur cinq ans. Les frais per\u00e7us compenseraient ce co\u00fbt \u00e0 hauteur de 743 millions de dollars. Le co\u00fbt total net serait donc de 48 millions de dollars."}},{"content":{"en":"Immigration, Refugees and Citizenship Canada (IRCC) currently has more than enough staff to meet the processing time goal for all years of this costing.","fr":"Immigration, R\u00e9fugi\u00e9s et Citoyennet\u00e9 Canada (IRCC) dispose actuellement d\u2019un personnel plus que suffisant pour atteindre la cible fix\u00e9e quant au d\u00e9lai de traitement, et ce, sur toutes les ann\u00e9es couvertes par l\u2019estimation."}},{"content":{"en":"The net cost per admitted Permanent Resident in 2022-23 is estimated to be $91. Costs in future years will vary due to inflation and other factors.","fr":"Le co\u00fbt net par r\u00e9sident permanent admis en 2022-2023 est estim\u00e9 \u00e0 91 $. Le co\u00fbt variera les ann\u00e9es subs\u00e9quentes en fonction de l\u2019inflation et d\u2019autres facteurs."}}]},"updated_at":"2023-03-07T13:57:02.000000Z","type":"RP","slug":"RP-2223-026-S--costing-express-entry-immigration-process--cout-programme-immigration-entree-express","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-026-S--costing-express-entry-immigration-process--cout-programme-immigration-entree-express","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-026-S--costing-express-entry-immigration-process--cout-programme-immigration-entree-express"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-026-S--costing-express-entry-immigration-process--cout-programme-immigration-entree-express","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-026-S--costing-express-entry-immigration-process--cout-programme-immigration-entree-express"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/d6111942fe4253f5668c736b6cb9f2730c73f6f1b923aaf2b300005fc3150633"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/80cf8128f49d2acaf3066df9982c477c077a679613ab3914e6c39c1be72f3067"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/45d8982ebc0bc88c1b7e38842b20ac8456ff6b8332903e61d60b59d1dbb0a6d3","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/871771a0248cd10650f0908848122c6efeb61a4ecfaad6982be53d120575086e","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/72985fddcf7fa5265bd2f37fc04f29e5c5f5192adc17014910b949a4f62186ec","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/23e2d183fd7846d6ae0723afe1a3b30a6f79cc7444218ad5e52791387cfea99a","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d194a6910a884cfe28390daab17d0b03d9d8a8866fa4eb17d8ef06316aab06ad","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/88b85c64cd3b9d20bcce6bc9ae71a5a7578ca5522cc530a1c85edf5b82f44f38","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/50f76fbd5e956aeb7214ac911f19c6fed8b946d0152b1b27dd021055586b3e5b","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c3f5636541f6e81c60a8d1f011b8a25adff2f284307176cd4f21c58bb082e848"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8b460aaee5f1fcd6a65861c69e200d73633e0b14de6fc490c2e65d074ca27297","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4afb10614cdc5d0153f45d27e7098c7669d8556c7dfdf68ed35623d83e585257","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6ddbf1a998a99995d94d187028ea8ced3ace85db3be3830308da0bd8694ac8d9","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3406aace1bcf0541ef522715c77a30c731c1424347cbd8119f047b32c1b2898b","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/56d970f81b2e1f17aa5106cd330e97432f02fde654672e244a2c5de3717d05f9","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d3e60104b2b6ca5e3260013a3d9f7b7821cb6771df7a1b393c081c6b1f37c663","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/10c9d2c03fc418762caed8c9f79e1c5fd6bd0b0c901962782d55354255532df4","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d3f9648e6d32a7dc6aa034b227bacb44a68a2e2a7cdf84d4a46923767d9543d0"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223026S,\n author={Michalyshyn, Katarina},\n title={Costing the Express Entry Immigration Process},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223026S,\n author={Michalyshyn, Katarina},\n title={Cout du programme d\u2019immigration d\u2019Entr\\\u0027{e}e express},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2223-025-S","is_published":"2023-03-02T13:57:04.000000Z","release_date":"2023-03-02T14:00:00.000000Z","title_en":"Economic and Fiscal Outlook \u2014 March 2023","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2014 Mars 2023","internal_id":"RP-2223-025-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":"Ce rapport pr\u00e9sente une projection de r\u00e9f\u00e9rence pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et financiers possibles dans le cadre des politiques actuelles.","highlights":[{"content":{"en":"Following a stronger-than-expected performance in the second half of 2022, PBO projects the Canadian economy to stagnate through 2023. As the tightening of monetary policy takes hold, we expect a further decline in residential investment and weakness in consumer spending in the first half of this year.","fr":"Apr\u00e8s que l\u2019\u00e9conomie canadienne ait affich\u00e9 une performance plus \u00e9lev\u00e9e que pr\u00e9vu lors du deuxi\u00e8me semestre de 2022, le directeur parlementaire du budget (DPB) s\u2019attend \u00e0 ce qu\u2019elle stagne jusqu\u2019en 2023. \u00c0 mesure que le resserrement de la politique mon\u00e9taire se concr\u00e9tise, nous pr\u00e9voyons de nouvelle baisse de l\u2019investissement r\u00e9sidentiel et une faiblesse des d\u00e9penses de consommation au cours de la premi\u00e8re moiti\u00e9 de l\u2019ann\u00e9e."}},{"content":{"en":"PBO expects the Bank of Canada to maintain its \u201cpause\u201d, holding the policy interest rate at 4.5 per cent, through December of this year. With CPI inflation solidly on track to return to its 2 per cent target, we then expect the Bank to start lowering its policy rate in January 2024, returning the rate to its estimated neutral level of 2.5 per cent in December 2024.","fr":"Le DPB s\u2019attend \u00e0 ce que la Banque du Canada observe sa \u00ab\u2009pause\u2009\u00bb, en maintenant le taux directeur \u00e0 4,5 % jusqu\u2019\u00e0 la fin du mois de d\u00e9cembre de cette ann\u00e9e. Puisque l\u2019inflation de l\u2019indice des prix \u00e0 la consommation (IPC) est en voie de revenir \u00e0 sa cible de 2 %, nous pr\u00e9voyons que la Banque commencera \u00e0 r\u00e9duire son taux directeur en janvier 2024, puis le ram\u00e8nera \u00e0 son niveau neutre estim\u00e9 de 2,5 % en d\u00e9cembre 2024."}},{"content":{"en":"For the current fiscal year, 2022-23, PBO projects the budgetary deficit to be $36.5 billion (1.3 per cent of GDP) under status quo policy. Assuming no new measures and existing temporary measures sunset as scheduled, the deficit is projected to increase to $43.1 billion (1.5 per cent of GDP) in 2023-24 before resuming its downward trajectory, falling to $8.7 billion (0.3 per cent of GDP) in 2027-28.","fr":"Pour l\u2019exercice en cours de 2022-2023, le DPB pr\u00e9voit un d\u00e9ficit budg\u00e9taire de 36,5 milliards de dollars (1,3 % du PIB) selon une politique de statu quo. En supposant qu\u2019il n\u2019y ait pas de nouvelles mesures et que les mesures temporaires existantes prennent fin comme pr\u00e9vu, le d\u00e9ficit devrait augmenter \u00e0 43,1 milliards de dollars (1,5 % du PIB) en 2023-2024 avant de reprendre sa trajectoire descendante, chutant \u00e0 8,7 milliards de dollars (0,3 % du PIB) en 2027-2028."}},{"content":{"en":"Under status quo policy, PBO projects the federal debt-to-GDP ratio to decline to 41.8 per cent in 2022-23 and then to temporarily rise to 42.2 per cent in 2023-24. Assuming no new measures and existing temporary measures sunset as scheduled, the federal debt ratio is projected to fall to 38.1 per cent in 2027-28 but remain above its pre-pandemic level of 31.2 per cent of GDP in 2019-20.","fr":"Selon une politique de statu quo, le DPB pr\u00e9voit que le ratio de la dette f\u00e9d\u00e9rale au PIB diminuera \u00e0 41,8 % en 2022-2023, puis qu\u2019il remontera temporairement \u00e0 42,2 % en 2023-2024. 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 diminuer \u00e0 38,1 % en 2027-2028. Cependant, il devrait rester sup\u00e9rieur \u00e0 son niveau pr\u00e9-pand\u00e9mique, 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 tax revenues) under status quo policy will peak at 11.5 per cent in 2023-24 and then decline gradually to 10.3 per cent in 2027-28\u2014two percentage points above its pre-pandemic low of 8.3 per cent in 2018 19.","fr":"Le DPB projette que le ratio du service de la dette (c\u2019est-\u00e0-dire les charges de la dette publique par rapport aux recettes fiscales) culminera \u00e0 11,5 % en 2023-2024 selon une politique de statu quo. Ensuite, il diminuera progressivement pour s\u2019\u00e9tablir \u00e0 10,3 % en 2027-2028, soit deux points de pourcentage de plus que le niveau le plus bas enregistr\u00e9 avant la pand\u00e9mie, \u00e0 savoir 8,3 % en 2018 2019."}}]},"updated_at":"2023-03-02T13:57:04.000000Z","type":"RP","slug":"RP-2223-025-S--economic-fiscal-outlook-march-2023--perspectives-economiques-financieres-mars-2023","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-025-S--economic-fiscal-outlook-march-2023--perspectives-economiques-financieres-mars-2023","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-025-S--economic-fiscal-outlook-march-2023--perspectives-economiques-financieres-mars-2023"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-025-S--economic-fiscal-outlook-march-2023--perspectives-economiques-financieres-mars-2023","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-025-S--economic-fiscal-outlook-march-2023--perspectives-economiques-financieres-mars-2023"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/b91ed5d0fe5c8c8cbd7f4267be3aea5259b91fe8f6f48431bc565b2e280771cf"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/d712dda84b04c6449721fb3f4cb6b75abbbeee3d478b3ec9a3da6d1493a2ea40"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/89a6bae7810083bf1412af79096a587a43828ccda79d196c5b1861ca8327a1f7","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8bfd3dfc68c618671e3d50e1a9643091de164fa07d75e7053045f36dba5c1d07","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a2ea4aa1f1288a4ae5b1e4eb87efdb2a2580ecfdded631eeee1029810e0b55e5","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f0dfa56cfbb35df9706fae0f992ff8bbf4db9c896b118cb7ac8bd58e46b8d911","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e952dbe60316dd3f1dba81e0bcf583f50e55cd2d03c9e23bf1a35e8961c29297","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fa1727a263a3f7cf130e37ae86303c6c1b6d64517ce4c686dbff9c225c81226b","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4c747d4fc97d53b61e8645d4548e58344c96b177ca4e8296e8e41c27923470dd","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d7f5034323f7d43dfc6612441f1f47d065ef6d4cc474ee6852470619163b6444"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06b0bd214b776391e2f7933ab4ea62150223671502b22216b4ffeed322039308","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ae2d39c7bd531e0cd1cb56f77b68b0b71f4b40e2bac8da0c38c70a4421db3525","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e4c9739dc952f334f1ea353fc6909ee91550e415b0cb8352180bb75715cc19e2","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/47e2c3a6b39e5a38ff80ff5f9cd929bce1d2815d5c281c57c6b07afb1e025d96","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/09b9a1feb4ff88bc26fa95ed07dcf1a37a0d2f1454fe55b6710e81d7702e16b4","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/877b35d507633ecc898443bb72f9df983cb9e02fde7faa20088a56f7c98b61a8","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e0573bfbb576baa6bf96d81618ddee7aa4be2b68cff4b65b7b1ce2900a0bbf88","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/80485e6ad949ae3a7ceaef99875bb88d9746759e6ed5680e2b50d37e1e090068"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223025S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Ammar, Nasreddine and Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Vanderwees, Kaitlyn},\n title={Economic and Fiscal Outlook \\textemdash March 2023},\n institution={The Office of the Parliamentary Budget Officer},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223025S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Ammar, Nasreddine and Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Dong, Matt and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Vanderwees, Kaitlyn},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res \\textemdash Mars 2023},\n institution={Bureau du directeur parlementaire du budget},\n year=2023,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2223-020-S","is_published":"2022-11-10T13:57:05.000000Z","release_date":"2022-11-10T14:00:00.000000Z","title_en":"Risk Scenario Analysis \u2014 November 2022","title_fr":"Analyse de sc\u00e9nario de risque \u2014 Novembre 2022","internal_id":"RP-2223-020-S","metadata":{"abstract_en":"This report provides a risk scenario analysis to help parliamentarians gauge potential economic and fiscal implications of central banks over-tightening monetary policy. **The scenario is not a most-likely forecast. It is an illustrative scenario of one possible outcome.**","abstract_fr":"Ce rapport propose une analyse de sc\u00e9nario de risque pour aider les parlementaires \u00e0 \u00e9valuer les possibles r\u00e9percussions \u00e9conomiques et financi\u00e8res d\u2019un resserrement excessif de la politique mon\u00e9taire par les banques centrales. **Le sc\u00e9nario ne constitue pas une pr\u00e9vision. Il ne montre qu\u2019une des issues possibles \u00e0 la situation.**","highlights":[{"content":{"en":"Our risk scenario assumes that the U.S. Federal Reserve and the Bank of Canada will continue to rapidly raise their policy interest rates to 5.25 per cent and 5.0 per cent, respectively, in early 2023 (100 basis points above our October outlook). We assume that the Federal Reserve and Bank of Canada will begin to lower their policy rates in early 2024.","fr":"Dans notre sc\u00e9nario de risque, nous supposons que la R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine et la Banque du Canada continueront d\u2019augmenter rapidement leur taux directeur, de sorte qu\u2019il atteigne 5,25 % et 5,0 % respectivement au d\u00e9but de 2023 (100 points de base de plus que dans nos perspectives d\u2019octobre). Nous supposons qu\u2019elles commenceront \u00e0 abaisser leur taux au d\u00e9but de 2024."}},{"content":{"en":"With the over-tightening of monetary policy, real GDP in Canada begins to contract in the fourth quarter of 2022 and declines further over the course of 2023 in our risk scenario. Annual real GDP growth in 2023 and 2024 is -0.3 per cent and 1.3 per cent, respectively, which is 1.5 and 1.0 percentage points lower compared to our October outlook.","fr":"Compte tenu du resserrement excessif de la politique mon\u00e9taire pr\u00e9vu dans notre sc\u00e9nario de risque, le PIB r\u00e9el du Canada commence \u00e0 se contracter au quatri\u00e8me trimestre de 2022 et continue de diminuer en 2023. La croissance annuelle du PIB r\u00e9el en 2023 et en 2024 est de 0,3 % et 1,3 % respectivement, ce qui repr\u00e9sente une baisse de 1,5 et 1,0 point de pourcentage par rapport \u00e0 nos perspectives d\u2019octobre."}},{"content":{"en":"Under our risk scenario, employment growth essentially stalls in late 2022 and over the course of 2023. Employment falls below levels projected in our October outlook, resulting in a loss of 177,000 (net) jobs by the end of 2024. The unemployment rate rises to 6.2 per cent in early 2024 in our risk scenario, which is 0.5 percentage points above our October outlook.","fr":"Dans notre sc\u00e9nario de risque, la croissance de l\u2019emploi stagne essentiellement \u00e0 la fin de 2022 et en 2023. L\u2019emploi tombe sous les niveaux pr\u00e9vus dans nos perspectives d\u2019octobre, ce qui se traduit par une perte de 177 000 emplois (nets) d\u2019ici la fin de 2024. Le taux de ch\u00f4mage passe \u00e0 6,2 % au d\u00e9but de 2024 dans notre sc\u00e9nario de risque, soit 0,5 point de pourcentage de plus que ce que nous pr\u00e9voyions dans nos perspectives d\u2019octobre."}},{"content":{"en":"Due to weaker economic activity and higher interest rates in 2023 and 2024 under our risk scenario, the budgetary deficit reaches $42.9 billion in 2023-24 (1.5 per cent of GDP) and $36.5 billion in 2024-25 (1.3 per cent of GDP). Compared to our October outlook, the budgetary deficit is $15.6 billion higher per year, on average, over 2023-24 to 2027-28.","fr":"En raison du ralentissement de l\u2019activit\u00e9 \u00e9conomique et de la hausse des taux d\u2019int\u00e9r\u00eat, en 2023 et 2024 pr\u00e9vus dans notre sc\u00e9nario de risque, le d\u00e9ficit budg\u00e9taire s\u2019\u00e9l\u00e8ve \u00e0 42,9 milliards de dollars en 2023-2024 (1,5 % du PIB) et \u00e0 36,5 milliards en 2024-2025 (1,3 % du PIB). Par rapport \u00e0 nos perspectives d\u2019octobre, il est plus \u00e9lev\u00e9 de 15,6 milliards de dollars par ann\u00e9e, en moyenne, de 2023-2024 \u00e0 2027-2028."}},{"content":{"en":"Under our risk scenario, the federal debt-to-GDP ratio increases to 43.2 per cent of GDP in 2023-24 and remains elevated before gradually falling to 39.2 per cent in 2027-28. The debt service ratio (that is public debt charges relative to tax revenues) reaches 14.3 per cent in 2024-25 and then declines to 12.0 per cent in 2027-28.","fr":"Dans notre sc\u00e9nario de risque, le ratio de la dette f\u00e9d\u00e9rale au PIB augmente pour passer \u00e0 43,2 % du PIB en 2023-2024 et reste \u00e9lev\u00e9 avant de revenir graduellement \u00e0 39,2 % en 2027-2028. Le ratio du service de la dette (soit le rapport entre les frais de la dette publique et les recettes fiscales) atteint 14,3 % en 2024-2025 avant de retomber \u00e0 12,0 % en 2027-2028."}}]},"updated_at":"2022-11-10T13:57:05.000000Z","type":"RP","slug":"RP-2223-020-S--risk-scenario-analysis-november-2022--analyse-scenario-risque-novembre-2022","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-020-S--risk-scenario-analysis-november-2022--analyse-scenario-risque-novembre-2022","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-020-S--risk-scenario-analysis-november-2022--analyse-scenario-risque-novembre-2022"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-020-S--risk-scenario-analysis-november-2022--analyse-scenario-risque-novembre-2022","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-020-S--risk-scenario-analysis-november-2022--analyse-scenario-risque-novembre-2022"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/1784db049839a6abc9fce1862c044808c8f5395a2e6cd4ff6bc72ed642de352b"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/4add25f0f3fe0524f9c433ba45ef4924dabde62e3e5d5e7f973ae656a4d43a70"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9ba2db66a0231ab8aa5b2c0099153c6042de983e216631333fdbd030fee443a4","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3caca905b6e0bb2962ed687fe19c6cc86a1090a6d695b4da233285a878bb7919","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3f6fa1760a0bae5d2a6d3edcab270fa53a490feb8e2d12f1de11d6ebfe3f3a7e","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/24b7f01db1ed2e1c05e4a4bf3855260440c9a2f9b0bc21dbe5d1295689d019c3","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b386a4acb137ce93d95c5a358bb89f1aa3ec86457664e9b9549510e0825ba487","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3cebe4cb090ff42b371b22f59326e72a57591b65f30ec28d03598f32480052d2","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06c5f829ec5b71c436108ae2031e4d47400ddf6a28bfac56fe983426945cf640","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/19244a50c1cc10599289bd9f560870402a1ff345f376c67c23c2ee3b62fa45b3"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/864e05e30bbd443b983df6ce74adab5067394fe483ea07485cd980baa419e8ad","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fb87d4f0ee7ef2867e8305574cac5ecfef7af2015a1ba90ceae30a5f78413daa","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0203f253d0c718aa7dd4f59961cce2266f702b91a880a4a1ef5ad47609d59bb7","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/df6b5342fbd6e3c834bdcede16ffd86a9f015d4425335d87cb995278bc326167","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1bb0219a6f866dec9f554e01e6d484ecd1c3718e2dfbc4ffae181a3e82571e1c","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/39d9221f1edfd01bd00c9fe70a99a207e66eeac8e5eab755c9c37b31cff16ce3","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2cf79e87b40ad197102eaeafb72b079efa16750e211bd59913dca52069867edb","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2c5bb7701b5ea810495b8bef191eeacf5d1cb8b27de3e88fbe7da744d15081ab"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223020S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Behrend, Robert and Creighton, Mark and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Vanderwees, Kaitlyn},\n title={Risk Scenario Analysis \\textemdash November 2022},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223020S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Behrend, Robert and Creighton, Mark and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Vanderwees, Kaitlyn},\n title={Analyse de sc\\\u0027{e}nario de risque \\textemdash Novembre 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2223-018-S","is_published":"2022-10-13T12:57:05.000000Z","release_date":"2022-10-13T13:00:00.000000Z","title_en":"Economic and Fiscal Outlook \u2013 October 2022","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2013 Octobre 2022","internal_id":"RP-2223-018-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":"Ce rapport pr\u00e9sente une projection de r\u00e9f\u00e9rence pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et financiers possibles dans le cadre des politiques actuelles.","highlights":[{"content":{"en":"Since the beginning of March, the Bank of Canada has increased its policy rate by a total of 300 basis points. We expect the Bank to increase its policy rate further, reaching 4 per cent by the end of this year. With the tightening of monetary policy, PBO projects real GDP growth in Canada to slow considerably in the second half of 2022 and remain weak through 2023.","fr":"Depuis le d\u00e9but du mois de mars, la Banque du Canada a relev\u00e9 son taux directeur de 300 points de base au total et on peut s\u2019attendre \u00e0 ce qu\u2019elle le rel\u00e8ve encore pour qu\u2019il atteigne 4 % d\u2019ici la fin de l\u2019ann\u00e9e. Avec le resserrement de la politique mon\u00e9taire, le DPB pr\u00e9voit un net ralentissement de la croissance du PIB r\u00e9el du Canada pendant la seconde moiti\u00e9 de 2022 et une faible croissance tout au long de 2023."}},{"content":{"en":"As supply constraints ease and commodity prices recede from elevated levels in the first half of 2022, softer demand in 2023 is expected to contribute to sustained reductions in CPI inflation. With CPI inflation solidly on track to return to its 2 per cent target, we expect the Bank of Canada to start lowering its policy interest rate in late 2023.","fr":"Les difficult\u00e9s d\u2019approvisionnement s\u2019estompant et le cours des produits de base baissant par rapport aux niveaux \u00e9lev\u00e9s dans la premi\u00e8re moiti\u00e9 de 2022, le fl\u00e9chissement de la demande en 2023 devrait contribuer \u00e0 la baisse continue de l\u2019inflation des prix \u00e0 la consommation (IPC). Celle-ci \u00e9tant alors en tr\u00e8s bonne voie pour revenir \u00e0 la cible de 2 %, nous nous attendons \u00e0 ce que la Banque du Canada commence \u00e0 baisser son taux directeur \u00e0 la fin de 2023."}},{"content":{"en":"In the absence of final financial results for the past fiscal year, PBO estimates that there was a budgetary deficit of $97.0 billion (3.9 per cent of GDP) in 2021-22. For the current fiscal year 2022-23, PBO projects the deficit to decline to $25.8 billion (0.9 per cent of GDP) under status quo policy.","fr":"En l\u2019absence de r\u00e9sultats financiers d\u00e9finitifs pour le dernier exercice, le DPB estime que le d\u00e9ficit budg\u00e9taire pour 2021-2022 s\u2019\u00e9l\u00e8vait \u00e0 97 milliards de dollars (3,9 % du PIB). Pour l\u2019exercice en cours, 2022-2023, il devrait revenir \u00e0 25,8 milliards de dollars (0,9 % du PIB), si la politique demeure inchang\u00e9e."}},{"content":{"en":"Assuming no new measures are introduced and existing temporary measures sunset as scheduled, the budgetary deficit is projected to decline further, reaching $3.1 billion (0.1 per cent of GDP) in 2027-28, as growth in tax revenue tracks gains in nominal GDP and growth in program spending remains constrained.","fr":"En supposant qu\u2019aucune nouvelle mesure ne sera introduite et que les mesures temporaires actuelles prendront fin comme pr\u00e9vu, le d\u00e9ficit budg\u00e9taire devrait continuer de baisser pour atteindre 3,1 milliards de dollars (0,1 % du PIB) en 2027-2028, la croissance des recettes fiscales suivant la hausse du PIB nominal et l\u2019augmentation des d\u00e9penses de programmes restant limit\u00e9e."}},{"content":{"en":"PBO projects the federal debt-to-GDP ratio to continue to decline from its peak in 2020-21, gradually reaching 36.2 per cent in 2027-28, but remain above its pre-pandemic level. We project the debt service ratio (public debt charges relative to tax revenues) will peak at 11.5 per cent in 2024-25 and then decline gradually, reaching 10.9 per cent in 2027-28.","fr":"Le DPB pr\u00e9voit que le ratio de la dette f\u00e9d\u00e9rale au PIB continuera de baisser par rapport au pic atteint en 2020-2021 pour revenir graduellement \u00e0 36,2 % en 2027-2028, mais qu\u2019il restera sup\u00e9rieur \u00e0 ce qu\u2019il \u00e9tait avant la pand\u00e9mie. Nous pr\u00e9voyons que le ratio du service de la dette (soit le rapport entre les frais de la dette publique et les recettes fiscales) atteindra 11,5 % en 2024-2025, avant de redescendre graduellement \u00e0 10,9 % en 2027-2028."}}]},"updated_at":"2022-10-13T12:57:05.000000Z","type":"RP","slug":"RP-2223-018-S--economic-fiscal-outlook-october-2022--perspectives-economiques-financieres-octobre-2022","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-018-S--economic-fiscal-outlook-october-2022--perspectives-economiques-financieres-octobre-2022","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-018-S--economic-fiscal-outlook-october-2022--perspectives-economiques-financieres-octobre-2022"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-018-S--economic-fiscal-outlook-october-2022--perspectives-economiques-financieres-octobre-2022","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-018-S--economic-fiscal-outlook-october-2022--perspectives-economiques-financieres-octobre-2022"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/258865a69ecf369e99f05a9e799d04136ed8c0b04830967d0ad5aecfd59f90f9"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/51a083e93dd377e22512a1bded7c9ec3406c0f7fac7eb2d3cc34b5fb31543ee6"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d7fa73999c04307e23d86d96180e5f91c31033c5a98ee407dc6b62cf9055991a","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9d332a78925718b07fbda3f93d76ab9bb2aebdba80cd6e29adc6f4cb242d2ddf","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fbb974d4b634d9d774e0b6d9a8963dcc027d71682e31681f69f8d3b8a772ef81","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b1ed7e24b589eb9697f566532534e451fdf683e36f72b4528766a85f31585db4","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fd5194e7f1ad4e2700932baba6f3337de968a2b78fbf3ac192ba3f9ddbca25f2","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/569284196971fde0ae04a2fe40f3fb15fd9aeb8212b3a92d03fa50b47895fe1b","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9c606032b827b08e41f6ef8fcef2179d1759bc6853619320448436732c0eb62c","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4e27d041a155bc9dbb184b1c2a2a5f0188b46d4baea9c42d68345e6e2188e539"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e868718d7e6d6970c4c12049c275e08082aad802f134c34933002ffffb819e10","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f6a27cfedbbd466a775bce54ecdf70d3f89806f124a864cedfd28e534ff00e9f","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/765b7fa64713a56d6569df337c447227e123b34ac1898507a5cadc055ea531f1","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3c2ccb74035ad35fa788f6075f4f194cfa212d85ad15450156ab4e19a9370a68","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ca52aaabbc28d4b60d603d25ababb7e5100d76064e4e8ffdef1c0cfb6c1ce1d2","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d2b396382ddf283ac93c1e58d239a0485c786a64e9c61c61435e62d76eddc6ad","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b0bd984003014b83e12072b4962d24e1abbf54f1bdcbdac4f1f3a62f069bef29","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6b3117d563ea91e5017f03f8b53059e09c7bd98995dbfa2b78a825de0b37a3d6"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223018S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Vanderwees, Kaitlyn},\n title={Economic and Fiscal Outlook - October 2022},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223018S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Barkova, Lisa and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Kpekou Tossou, Rolande and Laurin, Marianne and Michalyshyn, Katarina and Vanderwees, Kaitlyn},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - Octobre 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2223-011-M","is_published":"2022-08-30T12:57:03.000000Z","release_date":"2022-08-30T13:00:00.000000Z","title_en":"Estimate for the entirety of Bill C-221: An act to amend certain Acts in relation to survivor pension benefits","title_fr":"\u00c9valuation des d\u00e9penses li\u00e9es \u00e0 l\u2019int\u00e9gralit\u00e9 du projet de loi C-221, Loi modifiant certaines lois ayant trait aux prestations de pension du survivant","internal_id":"LEG-2223-011-M","metadata":{"abstract_en":"This analysis provides the estimated gross expenditure for the entirety of Bill C-221, including the aspects pertaining to veterans. Currently, in certain situations, the spouse of a deceased pensioner is not eligible for a survivor pension. This occurs if the pensioner and the spouse married or began cohabiting in a conjugal relationship after the pensioner retired (in the case of the federal Public Service, Federally Appointed Judges, members of the House of Commons and Senators) or retired and was at least 60 years old (in the case of veterans and the RCMP). Under Bill C-221, all of these spouses would become eligible for survivor pensions. \n\nThe PBO estimates the expenditure from the Bill with an effective date of January 1, 2023. The PBO estimates Bill C-221 will result in a gross expenditure from pension plans of $68 million in 2022-23 for a total expenditure of $1.3 billion over the next 5 years.","abstract_fr":"La pr\u00e9sente analyse \u00e9value les d\u00e9penses brutes pour l\u2019int\u00e9gralit\u00e9 du projet de loi C-221, y compris pour les aspects touchant les anciens combattants. Actuellement, dans certaines situations, le conjoint d\u2019un retrait\u00e9 d\u00e9c\u00e9d\u00e9 n\u2019est pas admissible \u00e0 la prestation de pension du survivant. Ce sera le cas si le retrait\u00e9 et son conjoint se sont mari\u00e9s ou ont commenc\u00e9 \u00e0 cohabiter dans le cadre d\u2019une relation conjugale apr\u00e8s la retraite du retrait\u00e9 (dans le cas de la fonction publique, des juges de nomination f\u00e9d\u00e9rale, des d\u00e9put\u00e9s et des s\u00e9nateurs) ou s\u2019il a pris sa retraite et qu\u2019il avait au moins 60 ans (dans le cas des anciens combattants et des membres de la GRC). Selon le projet de loi C-221, tous ces conjoints deviendraient admissibles \u00e0 la prestation de pension du survivant. \n\nPour estimer les d\u00e9penses, le DPB a utilis\u00e9 le 1er janvier 2023 comme date d\u2019entr\u00e9e en vigueur du projet de loi. Le DPB estime que le projet de loi C-221 entra\u00eenera pour les r\u00e9gimes de pension des d\u00e9penses brutes de 68 millions de dollars en 2022-2023, pour des d\u00e9penses totales de 1,3 milliard de dollars au cours des cinq prochaines ann\u00e9es.","highlights":[]},"updated_at":"2022-08-30T12:57:03.000000Z","type":"LEG","slug":"LEG-2223-011-M--estimate-entirety-bill-c-221-an-act-amend-certain-acts-in-relation-survivor-pension-benefits--evaluation-depenses-liees-integralite-projet-loi-c-221-loi-modifiant-certaines-lois-ayant-trait-pres","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2223-011-M--estimate-entirety-bill-c-221-an-act-amend-certain-acts-in-relation-survivor-pension-benefits--evaluation-depenses-liees-integralite-projet-loi-c-221-loi-modifiant-certaines-lois-ayant-trait-pres","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2223-011-M--estimate-entirety-bill-c-221-an-act-amend-certain-acts-in-relation-survivor-pension-benefits--evaluation-depenses-liees-integralite-projet-loi-c-221-loi-modifiant-certaines-lois-ayant-trait-pres"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2223-011-M--estimate-entirety-bill-c-221-an-act-amend-certain-acts-in-relation-survivor-pension-benefits--evaluation-depenses-liees-integralite-projet-loi-c-221-loi-modifiant-certaines-lois-ayant-trait-pres","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2223-011-M--estimate-entirety-bill-c-221-an-act-amend-certain-acts-in-relation-survivor-pension-benefits--evaluation-depenses-liees-integralite-projet-loi-c-221-loi-modifiant-certaines-lois-ayant-trait-pres"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/62a97a9c98d137cb25fad0d2ab04fddcd2a119015d3ea7ee3665842fa93a6d30"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/b3136c8f23ff5acfab07ace84c726e1cd87ea68983c191a485c2de48523969e1"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dcbe4400a6c97d7b46caa0f7e9fb82c505c8e958b0ba2287565d227ab136d33a","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3bc7bee1e5207c32d975d41fb55ab65cf5c56749dbded2f42c7bfb6295349075","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b976b198b2a6a68d1bc7f4c564fae4a41a04ad174b7d60fad15f96b2f97baca6","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/af485e2d1b99efcecca0c627f0adbc0b08c7aa3ce9bab59cf869f9a6bb97c118","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/607daa719954ddef175040ee2599306ef2f56f1e58d0be64bbb444d2682a9209","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e380659de4b14dddcc459015a3b5a638c3fb2034d101979f03b87934fb0cec54","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/66da514c51828a4c1e1e08ef36bb74f9cfc174e27467b8c8e87afb757f3de9ee","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/baa9942370a59adb57630cbf3e93d6ca21930cc58ccdda6a4df446c6437a4d11"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/38076a658561e76153e48cc77e0c14bc690b2b81e4cc258fb6f8abedfdde59b0","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b2f51f8a0ee7469e7b92cc92d5f429b47df1a0e9bd21c33cd7c0b84a6f452e88","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1d9f9766020e0f8d28f92850b575c3d41ad6741be3e8a5c6820f803ed054ce50","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f9bea4aa9246cb12caed17152dacf4ece7c664dc42589db4bd720d5d0171b189","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c0faa548cbaadc590518d85626d13a04a771907deac4520c5225791efede0abb","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c7aeffb6ae0cdc74d404d65ee803851d75a8197baa99903ca05fbcb151907de9","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b15b17de8d2824daf7cef9f1ac6a9b5fcd0c946c62340e847400034e5e05ebaf","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8970cf9f94b1473a1ac869254405216e9c279c22887497d226effe4bf09f1075"}}},"bills":[{"id":266,"created_at":"2021-12-16T14:00:09-05:00","updated_at":"2022-08-30T08:57:04-04:00","legisid":"44_1_C-221","parliament":44,"session":1,"prefix":"C","number":221,"title_en":"An Act to amend certain Acts in relation to survivor pension benefits","title_fr":"Loi modifiant certaines lois ayant trait aux prestations de pension du survivant","bill_num":"C-221","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/bills--projets-de-loi\/44-1\/C-221","legisinfo":"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/44-1\/c-221"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/bills--projets-de-loi\/44-1\/C-221","legisinfo":"https:\/\/www.parl.ca\/LegisInfo\/fr\/projet-de-loi\/44-1\/c-221"}},"pivot":{"publication_id":703,"bill_id":266}}],"bibtex":{"en":"@techreport{PBO-LEG2223011M,\n author={Forsyth, Jamie and Michalyshyn, Katarina},\n title={Estimate for the entirety of Bill C-221: An act to amend certain Acts in relation to survivor pension benefits},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2223011M,\n author={Forsyth, Jamie and Michalyshyn, Katarina},\n title={\\\u0027{E}valuation des d\\\u0027{e}penses li\\\u0027{e}es \\`{a} l\u2019int\\\u0027{e}gralit\\\u0027{e} du projet de loi C-221, Loi modifiant certaines lois ayant trait aux prestations de pension du survivant},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2223-005-C","is_published":"2022-06-02T12:57:03.000000Z","release_date":"2022-06-02T13:00:00.000000Z","title_en":"Cost Estimate for Bill C-13: An Act for the Substantive Equality of Canada\u0027s Official Languages","title_fr":"Estimation des co\u00fbts du projet de loi C-13, Loi visant l\u0027\u00e9galit\u00e9 r\u00e9elle entre les langues officielles du Canada","internal_id":"RP-2223-005-C","metadata":{"abstract_en":"This report response to a request from the Standing Senate Committee on Official Languages to provide an independent analysis of the financial cost of Bill C-13, *An Act for the Substantive Equality of Canada\u0027s Official Languages*.","abstract_fr":"Le pr\u00e9sent rapport r\u00e9pond \u00e0 la demande du Comit\u00e9 s\u00e9natorial permanent des langues officielles qui souhaite recevoir une analyse ind\u00e9pendante du co\u00fbt financier du projet de loi C-13, Loi visant l\u0027\u00e9galit\u00e9 r\u00e9elle entre les langues officielles du Canada.","highlights":[{"content":{"en":"Of the many provisions set out in this bill, financial implications arise solely from the proposed extensions of French language rights to federally regulated private businesses.","fr":"Parmi les nombreuses dispositions \u00e9nonc\u00e9es dans ce projet de loi, seul l\u2019\u00e9largissement propos\u00e9 des droits linguistiques des francophones aux entreprises priv\u00e9es assujetties \u00e0 la r\u00e9glementation f\u00e9d\u00e9rale a des incidences financi\u00e8res."}},{"content":{"en":"We expect private compliance costs to implement these rights to be $240 million in one-time costs plus $20 million each year in ongoing costs. These costs arise primarily from language training and bilingualism wage premiums for managers in designated bilingual regions outside Quebec.","fr":"Nous pr\u00e9voyons pour le secteur priv\u00e9 des co\u00fbts de conformit\u00e9 ponctuels de 240 millions de dollars, plus des co\u00fbts r\u00e9currents de 20 millions de dollars par an. Ces co\u00fbts seront principalement dus \u00e0 la formation linguistique et au versement aux gestionnaires de primes salariales au bilinguisme dans les r\u00e9gions situ\u00e9es en dehors du Qu\u00e9bec d\u00e9sign\u00e9es comme \u00e9tant bilingues."}},{"content":{"en":"We estimate the public administrative cost to implement these rights to be $2.9 million per year. However, the amount of funding provided is fundamentally discretionary \u2013 the activities that can be undertaken in support of the implementation of Bill C-13 will be limited by the funding available.","fr":"Nous estimons que le co\u00fbt administratif de la mise en \u0153uvre de ces droits s\u2019\u00e9l\u00e8vera \u00e0 2,9 millions de dollars par an pour le secteur public. Toutefois, le montant du financement accord\u00e9 est totalement discr\u00e9tionnaire \u2013 les activit\u00e9s men\u00e9es pour faciliter la mise \u0153uvre du projet de loi C-13 d\u00e9pendront des fonds disponibles."}},{"content":{"en":"The 2021-22 Fall Economic Statement allocated $16 million in 2022-23 for initial implementation costs associated with this bill. The responsible departments wrongfully refused to disclose how this funding would be allocated on the basis that \u201cthis information is not publicly available.\u201d They also refused to identify the additional ongoing tasks they plan to undertake as a result of the bill, or associated staffing and costs. The $16 million does not cover ongoing administrative costs and was not intended to cover those costs. However, it will allow additional initial implementation activities to be undertaken.","fr":"Dans l\u2019\u00c9nonc\u00e9 \u00e9conomique de l\u2019automne 2021-2022, 16 millions de dollars sont pr\u00e9vus pour les co\u00fbts de mise en \u0153uvre initiaux de ce projet de loi en 2022-2023. Les minist\u00e8res responsables ont refus\u00e9, \u00e0 tort, d\u2019expliquer comment ces fonds seront octroy\u00e9s, sous pr\u00e9texte que \u00ab cette information n\u2019a pas \u00e9t\u00e9 rendue publique \u00bb. Ils ont \u00e9galement refus\u00e9 d\u2019indiquer les t\u00e2ches courantes suppl\u00e9mentaires qu\u2019ils pr\u00e9voient de r\u00e9aliser en raison de la loi ou de donner des pr\u00e9cisions sur la dotation en personnel et les co\u00fbts connexes. Les 16 millions de dollars ne couvrent pas les co\u00fbts administratifs r\u00e9currents et ils n\u2019\u00e9taient d\u2019ailleurs pas destin\u00e9s \u00e0 cela. Ils permettront toutefois d\u2019entreprendre des activit\u00e9s suppl\u00e9mentaires dans le cadre de la mise en \u0153uvre initiale."}},{"content":{"en":"The cost estimates provided above are sensitive to the scope of regions outside of Quebec where the legislation will be applied, the businesses sizes which are exempted, any additional industry exemptions, and the operationalization of the rights to receive services, work, and be supervised in French.","fr":"Les estimations de co\u00fbts fournies ci-dessus tiennent compte de l\u2019\u00e9tendue des r\u00e9gions en dehors du Qu\u00e9bec o\u00f9 la loi sera appliqu\u00e9e, des entreprises qui seront exclues en raison de leur taille, de toute autre exemption accord\u00e9e \u00e0 des industries, et de l\u2019op\u00e9rationnalisation des droits de recevoir des services, de travailler et d\u2019\u00eatre supervis\u00e9 en fran\u00e7ais."}}]},"updated_at":"2022-06-02T12:57:03.000000Z","type":"RP","slug":"RP-2223-005-C--cost-estimate-bill-c-13-an-act-substantive-equality-canada-official-languages--estimation-couts-projet-loi-c-13-loi-visant-egalite-reelle-entre-langues-officielles-canada","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-005-C--cost-estimate-bill-c-13-an-act-substantive-equality-canada-official-languages--estimation-couts-projet-loi-c-13-loi-visant-egalite-reelle-entre-langues-officielles-canada","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-005-C--cost-estimate-bill-c-13-an-act-substantive-equality-canada-official-languages--estimation-couts-projet-loi-c-13-loi-visant-egalite-reelle-entre-langues-officielles-canada"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-005-C--cost-estimate-bill-c-13-an-act-substantive-equality-canada-official-languages--estimation-couts-projet-loi-c-13-loi-visant-egalite-reelle-entre-langues-officielles-canada","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-005-C--cost-estimate-bill-c-13-an-act-substantive-equality-canada-official-languages--estimation-couts-projet-loi-c-13-loi-visant-egalite-reelle-entre-langues-officielles-canada"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/7ff2e249123ed8b5ab58adbf61fc2ef0c5b8c364ee612b59eb7f2d90e0c596b0"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/981b5e9efda77fa500c0650a1379bc046e2e3ea668c6f67d0da8be87adfad237"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/086c145f8df8fd8fcc839de12be8ed99c9117392890fcee0e28620b7b56acb94","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/95b511bdfc7c36d539570bfc07ed6dd3385d0ccadb4b62d6dd96ae3ace6f2dd1","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cc0f781a5949af2dd7ab2f66762db68febc43a45e7c0335afc5f49b0715d7cfe","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/64c39b2c8fcd9a89d9404965b05399ffa374a6f1fcab5f5749898a6f7e27d5f8","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9b549d4e9004b066844191871259c1b354c2d0bf825329735256880ae3a9bc38","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a32c020546f09844b57e8122b2575e52cc8feec571daac52865576892589bef3","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e72fb584471c3cc5940e585fa12cd0ba6da06589cf3eaf7545a8c56a65e82737","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b44eeefc84c7aa216b1ae90f57b27b662f265ec85f7d8ec137808f00a6a236e6"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/41a7844cf14f26ce8e35ae19f10bee976c59dfaa24732fcc5b2762acf89433c0","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dd503ae01d670188a66e4465984991d4f7c62de57c50c02bcb265674ee3f2287","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0aa84daa40417958a0521f975e3f10e0e98612f2be1328969c8aa57664e003e6","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b1a255a05b8d8e620af81da808b298cabd2a573ef5081d06891b92ce56fb81fb","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2a0b20bdb640b596977af106105a6c57a76844881c5e523bd220e4478c275cfe","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9e3373989fffa5f8780d5941d0e9474d88c041ad74faa0bf4c5d1bb8fedb3d24","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3ec0ad62a12f1be069c91ac6fbfc352057f8fe4919cbd611f6ee6f785ab8074f","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1c161470ccf467563b5db45895dbe34b0ca859da04fe12f87e8afa031107e71e"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223005C,\n author={Michalyshyn, Katarina and Segel-Brown, Ben},\n title={Cost Estimate for Bill C-13: An Act for the Substantive Equality of Canada\u0027s Official Languages},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223005C,\n author={Michalyshyn, Katarina and Segel-Brown, Ben},\n title={Estimation des couts du projet de loi C-13, Loi visant l\u0027\\\u0027{e}galit\\\u0027{e} r\\\u0027{e}elle entre les langues officielles du Canada},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-030-S","is_published":"2022-03-01T14:00:03.000000Z","release_date":"2022-03-01T14:00:00.000000Z","title_en":"Economic and Fiscal Outlook \u2013 March 2022","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2013 Mars 2022","internal_id":"RP-2122-030-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":"Ce rapport pr\u00e9sente des pr\u00e9visions de r\u00e9f\u00e9rence pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et budg\u00e9taires possibles en vertu des cadres d\u2019action actuels.","highlights":[{"content":{"en":"PBO projects growth in the Canadian economy to rebound sharply in the second quarter and remain robust in the second half of 2022 as the reopening of the economy continues.","fr":"Le DPB pr\u00e9voit que la croissance de l\u2019\u00e9conomie canadienne reprendra nettement au cours du deuxi\u00e8me trimestre et qu\u2019elle demeurera solide durant la deuxi\u00e8me moiti\u00e9 de 2022 alors que se poursuit la r\u00e9ouverture progressive de l\u2019\u00e9conomie."}},{"content":{"en":"Based on our outlook for inflation and the output gap, PBO projects that the Bank of Canada will increase its policy interest rate by a cumulative 75 basis points, lifting its rate to 1.00 per cent by the end of 2022.","fr":"En s\u2019appuyant sur ses perspectives concernant l\u2019inflation et l\u2019\u00e9cart de production, le DPB pr\u00e9voit que la Banque du Canada va augmenter son taux directeur de 75 points de base cumulatifs, relevant le taux \u00e0 1 % d\u2019ici la fin de 2022."}},{"content":{"en":"PBO projects a budget deficit of $139.8 billion (5.6 per cent of GDP) in 2021-22 and $47.9 billion (1.8 per cent of GDP) in 2022-23. We project the federal debt-to-GDP ratio to peak at 47.7 per cent in 2021-22 and then gradually decline over the medium term to 42.3 per cent.","fr":"Le DPB pr\u00e9voit un d\u00e9ficit budg\u00e9taire de 139,8 milliards de dollars en 2021-2022 (5,6 % du PIB) et de 47,9 milliards de dollars en 2022-2023, soit 1,8 % du PIB. Le ratio de la dette f\u00e9d\u00e9rale au PIB devrait atteindre un sommet \u00e0 47,7 % du PIB en 2021-2022 avant de revenir progressivement \u00e0 moyen terme \u00e0 42,3 %."}},{"content":{"en":"Due to low interest rates, the cost of servicing the federal debt reached its lowest recorded level in 2020-21 of 7.2 per cent of tax revenues. While interest rates are projected to rise, the debt service ratio will remain low, reaching 11.5 per cent of tax revenues over the medium term.","fr":"\u00c9tant donn\u00e9 les faibles taux d\u2019int\u00e9r\u00eat, le co\u00fbt de service de la dette f\u00e9d\u00e9rale a atteint son niveau le plus bas enregistr\u00e9 en 2020-2021, \u00e0 7,2 % des recettes fiscales. Malgr\u00e9 la hausse anticip\u00e9e des taux d\u2019int\u00e9r\u00eat, le ratio du service de la dette du gouvernement demeurera bas, atteignant 11,5 % des recettes fiscales \u00e0 moyen terme."}}]},"updated_at":"2022-03-01T14:00:03.000000Z","type":"RP","slug":"RP-2122-030-S--economic-fiscal-outlook-march-2022--perspectives-economiques-financieres-mars-2022","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-030-S--economic-fiscal-outlook-march-2022--perspectives-economiques-financieres-mars-2022","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-030-S--economic-fiscal-outlook-march-2022--perspectives-economiques-financieres-mars-2022"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-030-S--economic-fiscal-outlook-march-2022--perspectives-economiques-financieres-mars-2022","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-030-S--economic-fiscal-outlook-march-2022--perspectives-economiques-financieres-mars-2022"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/3b26ede6fae896559139165f58afe8e6bf10ca44163553a90673a2a202748f9b"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/ce266b874d5cf5681fc702ab435a15c3c5d220171125b8351c1ad6451d5665fc"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/adad829cca697f0c4c01bfc56c21242a1dc12f688663fc0c3908c990f335e1f8","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7280200957304b941e0e9011a9bcbfce3a44857dd754d179c0c181510426b924","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d4f43663ae762caa859a06ffaec35e55cff64724a49af75c7b6b63221ae89a99","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/32d182a695a4a33e141d2c9d2c7cf497e370a3c6774d9f7bc19e44adeea3c0d2","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/152810610eb1b2c1567c437df5e8429c3d3a840f5c3306f302f031eb9476d576","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5a62e91991aa8a240d5b65e6cff55c7d7d0312103bcb0df4cf94b7ac0d0d19a9","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ca5d1a67a614892f90f33d231548f7e94524c24bf0fea1227fdb8228467088d4","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/07797ba08dc2b3c77a49bf89ac8eb690f32cd1f10de694767fce8f1f853cdd82"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6da24b5271909c06c819dbb56e2ef3d689d8d0ebd56ebf951356e09a63f19502","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e4727c7519d9e95edb531319af7ee5916ad89394e7ea6f5a4db90dfd9745386c","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/126ed143c863b1a2c8a83b72f79e6463b5e0fef81479cf16f9293f003e05a23a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/687dd5d99ac9d127d8226bf86f1d0c3cbfa222416b749d7cb31d42fa5428ebb1","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7640d17462dd1a6607140ceab75103832587a70d1e9ee3d7dc571f3fad141aee","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0d15b7bbcb508c547f55240af627127e1dbc89c50752f3d988a7d7c546b082be","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/19126bb571aade4c047d611e196e589cf85c986fb7b04cadb68f40d971faa89a","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6bf5bf0d768ead3b26017514afef4c804fba4a57bbc2faf673e1ac6ac8950ba8"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122030S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Ammar, Nasreddine and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Duncan, Krista and Forsyth, Jamie and Giswold, Jill and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben and Sourang, Diarra and Vanderwees, Kaitlyn},\n title={Economic and Fiscal Outlook - March 2022},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122030S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Ammar, Nasreddine and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Duncan, Krista and Forsyth, Jamie and Giswold, Jill and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben and Sourang, Diarra and Vanderwees, Kaitlyn},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - Mars 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2122-032-S","is_published":"2022-02-16T14:00:10.000000Z","release_date":"2022-02-16T14:00:00.000000Z","title_en":"Canada Worker Lockdown Benefit (CWLB) under Expanded Eligibility","title_fr":"Loi sur la prestation canadienne pour les travailleurs en cas de confinement","internal_id":"LEG-2122-032-S","metadata":{"abstract_en":"The Canada Worker Lockdown Benefit (CWLB) provides a taxable benefit of $300 per week to workers whose weekly income is at least 50% decreased compared to the previous year\u2019s average due to a government-imposed COVID-19 lockdown. The worker must be in an area that is designated as a lockdown region for the week of application. Workers must have earned at least $5,000 in any of 2020, 2021 or the 12 months before their benefit claim. While receiving the CWLB, workers must not simultaneously be receiving employer-paid leave or certain other types of government benefits (such as the Canada Recovery Sickness Benefit or Employment Insurance).\n\nFor the period of December 19, 2021 to March 12, 2022, the definition of \u201clockdown\u201d for the purposes of the CWLB was expanded by the federal government. This costing will only focus on the period during which the expanded lockdown definition is in effect.\n\nEligible workers can currently retroactively apply to the CWLB up to October 24, 2021, for which the original lockdown definition applies. However, only a very small number of workers resided in regions that met the original lockdown criteria from October 24 to December 18, 2021. Due to the small number of potential claimants and data limitations, the PBO did not calculate the cost of the CWLB before December 19, 2021.\n\nThe PBO estimates that the total net cost of this measure will be $248 million. This includes a gross cost of $266 million and a cost recovery of $18 million.","abstract_fr":"La Prestation canadienne pour les travailleurs en cas de confinement (PCTCC) offre une prestation imposable de 300 $ par semaine aux travailleurs dont le revenu hebdomadaire est d\u2019au moins 50 % inf\u00e9rieur \u00e0 leur revenu hebdomadaire moyen de l\u2019ann\u00e9e pr\u00e9c\u00e9dente en raison d\u2019un confinement li\u00e9 \u00e0 la COVID-19 impos\u00e9 par un gouvernement. Le travailleur doit \u00eatre dans une r\u00e9gion confin\u00e9e pendant la semaine de la demande. Le travailleur doit avoir gagn\u00e9 au moins 5 000 $ en 2020, en 2021 ou au cours des 12 mois pr\u00e9c\u00e9dant la date de pr\u00e9sentation de la demande. Pendant qu\u2019il re\u00e7oit la PCTCC, le travailleur ne peut recevoir de prestations de cong\u00e9 pay\u00e9es par l\u2019employeur ni certains autres types de prestations gouvernementales (comme la Prestation canadienne de maladie pour la relance \u00e9conomique ou des prestations d\u2019assurance-emploi).\n\nPour la p\u00e9riode du 19 d\u00e9cembre 2021 au 12 mars 2022, le gouvernement f\u00e9d\u00e9ral a \u00e9largi la d\u00e9finition du terme \u00ab confinement \u00bb aux fins de la PCTCC. La pr\u00e9sente \u00e9valuation de co\u00fbt ne porte que sur la p\u00e9riode vis\u00e9e par la d\u00e9finition \u00e9largie de \u00ab confinement \u00bb.\n\n\u00c0 l\u2019heure actuelle, le travailleur admissible peut pr\u00e9senter une demande de PCTCC r\u00e9troactive au 24 octobre 2021, pour les r\u00e9gions qui \u00e9taient vis\u00e9es par la d\u00e9finition initiale de \u00ab confinement \u00bb. Cependant, tr\u00e8s peu de travailleurs r\u00e9sidaient dans des r\u00e9gions correspondant \u00e0 la d\u00e9finition initiale entre le 24 octobre et le 18 d\u00e9cembre 2021. Vu le petit nombre de demandeurs potentiels et les limites des donn\u00e9es, le DPB n\u2019a pas calcul\u00e9 le co\u00fbt de la PCTCC avant le 19 d\u00e9cembre 2021.\n\nLe DPB estime \u00e0 248 millions de dollars le co\u00fbt net total de cette mesure. Cela comprend un co\u00fbt brut de 266 millions de dollars et un recouvrement des co\u00fbts de 18 millions de dollars.","highlights":[]},"updated_at":"2022-02-16T14:00:10.000000Z","type":"LEG","slug":"LEG-2122-032-S--canada-worker-lockdown-benefit-cwlb-under-expanded-eligibility--loi-prestation-canadienne-travailleurs-cas-confinement","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2122-032-S--canada-worker-lockdown-benefit-cwlb-under-expanded-eligibility--loi-prestation-canadienne-travailleurs-cas-confinement","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2122-032-S--canada-worker-lockdown-benefit-cwlb-under-expanded-eligibility--loi-prestation-canadienne-travailleurs-cas-confinement"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2122-032-S--canada-worker-lockdown-benefit-cwlb-under-expanded-eligibility--loi-prestation-canadienne-travailleurs-cas-confinement","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2122-032-S--canada-worker-lockdown-benefit-cwlb-under-expanded-eligibility--loi-prestation-canadienne-travailleurs-cas-confinement"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/8b903ff75399f5efdaa11af53c281ddaba0fccc1d9ff05bfd22f9b1ac5703f12"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/0607eab67f655d4d52ca6eec454c9801e02f87c57348e0093b2ada3e0bcf6e14"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/77b853312c2a8d339e860a38702beb2bf2a879a5178f255c63a922927854cdfd","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8f7a82f2577e60d2e649f88e6ae19e61a4f820b0fee3166aed2adf9c1ed02901","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1563ed267c510dc16a922a2b7c85d6192763145af46ed4439984a29c340b4db9","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/63f82bf209952277683d9e003ad8b056a91fe057c37b83d805aafacd9e28911e","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b40835311491c480500dfc740c064bd26163988123fb55385a3b04c651f9513b","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5bc6ed45ca915bb3f18b7847d8854679e272bf0bed8ab3834f1d9662ea5e21ea","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2e408c1b17cfc45a1a89f89a552c93b3eea2d2352dd140ddaf2868ac86b22560","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/235b5a911a26d1dc9950e594cff4b6d4f7d1476d528b42fd55362590a7746a81"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/902dcd07e7606981a5de7e5af58d4165f1bb9c13613df261abc171e75b125a1d","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6ec938210e8315ac8212e5ec3726253fce86d22504fe860c7a630b3899662150","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6e3edb1e1ccc6787aabfef4052d6de9e2948eeee3371bef4cbc8fb59f3979837","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1f5a9f1f542194dcce736570d4c5d37e824b43b65e9db6743cf56acae4a3bb5e","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a2346cc486e60464d803ebabcfd52b4df0b894405cdd97dea7be15a4e7902e89","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1bd40767a2fd5025bb48533eaa99a5190ce5f2041f3a275111eeb4cd4ac9d53a","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7ac2f8d4384daea0e53fb9595ef2707088d518a260cec9d547678983d2f7d395","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6b6a0cf0745172aa053dfa2348349234ae2fb96c42c16e24c93156763dedcd7a"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2122032S,\n author={Michalyshyn, Katarina},\n title={Canada Worker Lockdown Benefit (CWLB) under Expanded Eligibility},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2122032S,\n author={Michalyshyn, Katarina},\n title={Loi sur la prestation canadienne pour les travailleurs en cas de confinement},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-028-S","is_published":"2022-02-03T14:00:09.000000Z","release_date":"2022-02-03T14:00:00.000000Z","title_en":"Cost Estimate of the Federal National Child Care Plan","title_fr":"Estimation des co\u00fbts du plan national de garde d\u2019enfants","internal_id":"RP-2122-028-S","metadata":{"abstract_en":"This report provides an estimated cost of the provincial and territorial aspects of the federal national child care plan announced in Budget 2021.","abstract_fr":"Ce rapport fournit une estimation du co\u00fbt des volets provinciaux et territoriaux du plan national de garde d\u2019enfants annonc\u00e9 dans le budget de 2021.","highlights":[{"content":{"en":"The PBO estimated the provincial and territorial aspects of the Canada-Wide Early Learning and Child Care Plan to be a cumulative net cost of $26,439 million by the end of 2025-26.","fr":"Le DPB a estim\u00e9 que les volets provinciaux et territoriaux du plan pancanadien d\u2019apprentissage et de garde des jeunes enfants repr\u00e9senteraient un co\u00fbt net cumulatif de 26 439 millions de dollars d\u2019ici fin 2025-2026."}},{"content":{"en":"This estimate was then compared to the funding outlined for this plan in Budget 2021.","fr":"Cette estimation a ensuite \u00e9t\u00e9 compar\u00e9e au financement d\u00e9crit pour ce plan dans le budget de 2021."}},{"content":{"en":"The gross cost would be $28,283 million, $1,083 million more than the $27,200 million outlined in Budget 2021 for the provincial and territorial aspects of the Canada-Wide Early Learning and Child Care Plan.","fr":"Le co\u00fbt brut serait de 28 283 millions de dollars, soit 1 083 millions de dollars de plus que les 27 200 millions de dollars pr\u00e9vus dans le budget de 2021 pour les volets provinciaux et territoriaux du plan pancanadien d\u2019apprentissage et de garde des jeunes enfants."}},{"content":{"en":"In addition to increasing the number of child care spaces and providing fee subsidies, the plan would impact Child Care Expense Deduction (CCED) claims, income tax revenue, and Canada Child Benefit (CCB) transfers. This would lead to a cumulative cost recovery of $1,844 million by the end of 2025-26.","fr":"En plus d\u2019augmenter le nombre de places en garderie et de subventionner les frais de garde, le plan aurait une incidence sur les demandes de d\u00e9duction pour frais de garde d\u2019enfants (DFGE), les recettes tir\u00e9es de l\u2019imp\u00f4t sur le revenu et les transferts de l\u2019Allocation canadienne pour enfants (ACE). Cela entra\u00eenerait un recouvrement cumulatif des co\u00fbts de 1 844 millions de dollars d\u2019ici la fin 2025-2026."}}]},"updated_at":"2022-02-03T14:00:09.000000Z","type":"RP","slug":"RP-2122-028-S--cost-estimate-federal-national-child-care-plan--estimation-couts-plan-national-garde-enfants","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-028-S--cost-estimate-federal-national-child-care-plan--estimation-couts-plan-national-garde-enfants","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-028-S--cost-estimate-federal-national-child-care-plan--estimation-couts-plan-national-garde-enfants"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-028-S--cost-estimate-federal-national-child-care-plan--estimation-couts-plan-national-garde-enfants","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-028-S--cost-estimate-federal-national-child-care-plan--estimation-couts-plan-national-garde-enfants"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/7ec975a74252867dc6ca24ddcaecd94644fec9285f7b1c682fc45aea8889467d"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/47b6e9b2ef228e0b356d602cfd2747b90993b63614339ae4dee0f6e81a6ced28"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06a8b4960dcf6f28ed5cd87caafc17af776508b15f0418c9b9eb09fb44b844b2","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a091de4bc599499d6b400a7dbbfd7dcc1ffa84d25147dba53172cbdfb9cc1498","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/267608664120ebecd6b14db1b26bd0ef2cdbfe6bf12398ea5f3ed6b4e9c479c2","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/503afe8a0366aa9d58723189cf7ba0ab2156a26495bb7b9ae4ab8bd83e39ca66","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/66edab1e90d8d0ca534495c2a058fef8510b88cc85e39c7106a20ef89c8f226a","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6f4a8129e3626e936b0c1c4abebe6cf4701afa8d659fe7ce1ce405a9a3a9856a","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3404aa63b3acd77fdccd70b7de4f6961caf1275305e439105901b7b33d4464b9","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3f87b8528e434abf28c1260049020486ced723158173c46450234372c5a92781"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c0c9418ea4c0abeb74f08363a94b1a45cb4a56afa20ab536d1da1bdaa9c167f2","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cd34f81229182aa99f1565024c50dd101833e516c4759e8e9a841c0cb88a76fe","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/25e0d726e52a3b0c111aad99a4005375c6da69e8049d0002737b19f96f6c2aee","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ec7eba17f60ebc77b2ac4b6b9bd60e9c2e7568696df0b42f669fd52c65d46e3a","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f61b12cb579504acdbb3cb061e1cd58ef7e7430e3d8cf10d718986da113756fb","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d7cd5fa5031bdca1280139519663a73b14e04c765156215552d7ce7e4dc84bf6","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4de31ea9767c0e5991a89e6d42d400147be8ea2b168f04bbfef1498988a6d4f7","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0707268cfaa83eb9d7a161b0b1824510d983e616bbf3fd7988d8d68659bc8384"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122028S,\n author={Michalyshyn, Katarina and Nicol, Caroline},\n title={Cost Estimate of the Federal National Child Care Plan},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122028S,\n author={Michalyshyn, Katarina and Nicol, Caroline},\n title={Estimation des couts du plan national de garde d\u2019enfants},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2122-022-S","is_published":"2021-11-30T14:00:11.000000Z","release_date":"2021-11-30T14:00:00.000000Z","title_en":"Canada Recovery Sickness Benefit (CRSB) \u2013 28 Week Extension","title_fr":"Prestation canadienne de maladie pour la relance \u00e9conomique (PCMRE) \u2013 prolongation de 28 semaines","internal_id":"LEG-2122-022-S","metadata":{"abstract_en":"As proposed by Bill C-2, the Canada Recovery Sickness Benefit (CRSB) would be extended by 28 weeks. This would result in the CRSB being in effect from September 27, 2020 to May 7, 2022, with the current extension beginning on October 24, 2021. As well, beginning the week of November 21, 2021, the number of weeks for which workers could claim the CRSB over the course of the program would increase from 4 to 6 weeks.\n\nThe CRSB provides a $500 taxable benefit to workers who miss at least 50% of their usual weekly time spent working due to having COVID-19, self-isolating due to COVID-19, or having a medical condition that would make the worker more vulnerable to COVID-19.\n\nWorkers must have earned not less than $5,000 in the 2019, 2020 or 2021 calendar years or in the 12-month period before they claim the CRSB. They must not be collecting certain other types of government benefits while they are collecting the CRSB.\n\nPBO estimates the net cost to extend the length of the CRSB program and to increase the number of claimable weeks per worker to be $507 million.","abstract_fr":"Tel que propos\u00e9 dans le projet de loi C-2, le gouvernement a annonc\u00e9 que la Prestation canadienne de maladie pour la relance \u00e9conomique (PCMRE) serait prolong\u00e9e de 28 semaines. Ainsi, la PCMRE sera en vigueur du 27 septembre 2020 au 7 mai 2022, et la prolongation actuelle a commenc\u00e9 le 24 octobre 2021. De plus, \u00e0 compter de la semaine du 21 novembre 2021, le nombre de semaines pour lesquelles les travailleurs peuvent demander la PCMRE pendant la dur\u00e9e du programme est pass\u00e9e de 4 \u00e0 6 semaines.\n\nLa PCMRE fournit 500 $ par semaine \u00e0 ceux qui manquent au moins 50 % de leur temps habituel au travail au cours d\u2019une semaine donn\u00e9e parce qu\u2019ils sont malades en raison de la COVID-19, parce qu\u2019ils s\u2019isolent en raison de la COVID-19, ou parce que leur \u00e9tat de sant\u00e9 les rendrait plus vuln\u00e9rables \u00e0 contracter la COVID-19.\n\nLes travailleurs ne doivent pas avoir gagn\u00e9 moins de 5 000 $ pendant les ann\u00e9es civiles 2019 ou 2020 ou au cours des douze mois pr\u00e9c\u00e9dant leur demande de PCMRE. Ils ne doivent pas toucher certains autres types de prestations gouvernementales pendant qu\u2019ils touchent la PCMRE.\n\nSelon les estimations du DPB, le co\u00fbt net de la prolongation de la dur\u00e9e du programme de PCMRE et de l\u2019augmentation du nombre de semaines pouvant \u00eatre r\u00e9clam\u00e9es par travailleur est de 507 millions de dollars.","highlights":[]},"updated_at":"2021-11-30T14:00:11.000000Z","type":"LEG","slug":"LEG-2122-022-S--canada-recovery-sickness-benefit-crsb-28-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-28-semaines","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2122-022-S--canada-recovery-sickness-benefit-crsb-28-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-28-semaines","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2122-022-S--canada-recovery-sickness-benefit-crsb-28-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-28-semaines"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2122-022-S--canada-recovery-sickness-benefit-crsb-28-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-28-semaines","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2122-022-S--canada-recovery-sickness-benefit-crsb-28-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-28-semaines"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/c3f51f641bb9c70049ddb41ed900a0fc4b6c9a5e971494e06b637a25dc5ec723"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/42660f10da3ccb5c912e39427cfacb1b6354d8845de8968eab4334c9b33ddf6f"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/348df59a3547bfc2cbc0f799fb9585cbc61a2ef5c02852bced027ce2fc460447","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/519403fd96c44b123c00a06c71fcaf1d8aec3532e9cb8fb24f299872f6fcdd60","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5f000ab992a4956b628f61c33f4eb72b9a9ea557aa2ccaefa3ee6d1056bf0135","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/823c8ceed2b2b70bb2e76ef5f0d25492f82b8cbfcb1c8c8b8b3c9dab0c4b04a3","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2fb505ffff1e8e507b0b3219b86eda3f4a553f68eebd73507b12fbb071667009","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/90e6f11b852ec69dfbc6d4910a6af8b8865264ea3313fd98d311b35be8a574c1","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/965ea88723f00aea714f23407a70b8a17ed188d517fa87ea78671aa1417c1cb0","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8e20093d9652d0977a2510445a354535c23b11efaeffb617f91b6567c7f58119"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e411d7fbadf2eec56d0cf1e8a3092937e1efd7ef1fea593e83e93513f2fbde01","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/64b12fe0be1c9e3173a213695dcd66a5512a31e06f331e7631ca284aa032d238","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ee1a22974f695d3fe9b665acde4774e18d783a0e5c8218fa70b46aab78ea263c","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/88647b2f5213ab40b020c77c565bd3d344ff5e4c44648b96e44699993c12f74d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6296c9a0cd3be1bb248b86b4a974ad691b0fdca14f69cf434b0290481f0f795b","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a673e33e5f89eaf03f7178b80a09130b6fc28df2d9ee7eae97dfdc29f4224990","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c082dd6722a22d5a646405df24ae0ac1d16e2e72940cf57b8bd40c609573d1c0","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a9affc8757556c51a9b3b16886ffb598bde912436ecd799a81dfe0acccb827c5"}}},"bills":[{"id":231,"created_at":"2021-11-25T10:29:53-05:00","updated_at":"2022-01-31T09:00:03-05:00","legisid":"44_1_C-2","parliament":44,"session":1,"prefix":"C","number":2,"title_en":"An Act to provide further support in response to COVID-19","title_fr":"Loi visant \u00e0 fournir un soutien suppl\u00e9mentaire en r\u00e9ponse \u00e0 la COVID-19","bill_num":"C-2","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/bills--projets-de-loi\/44-1\/C-2","legisinfo":"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/44-1\/c-2"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/bills--projets-de-loi\/44-1\/C-2","legisinfo":"https:\/\/www.parl.ca\/LegisInfo\/fr\/projet-de-loi\/44-1\/c-2"}},"pivot":{"publication_id":632,"bill_id":231}}],"bibtex":{"en":"@techreport{PBO-LEG2122022S,\n author={Michalyshyn, Katarina},\n title={Canada Recovery Sickness Benefit (CRSB) - 28 Week Extension},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2122022S,\n author={Michalyshyn, Katarina},\n title={Prestation canadienne de maladie pour la relance \\\u0027{e}conomique (PCMRE) - prolongation de 28 semaines},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-016-S","is_published":"2021-08-16T13:00:03.000000Z","release_date":"2021-08-16T13:00:00.000000Z","title_en":"2021 Election Proposal Costing Baseline","title_fr":"Co\u00fbt des mesures propos\u00e9es pendant la campagne \u00e9lectorale de 2021 : pr\u00e9vision de r\u00e9f\u00e9rence","internal_id":"RP-2122-016-S","metadata":{"abstract_en":"This report presents PBO\u2019s economic and fiscal baseline projection for the 2021 election proposal costing period.","abstract_fr":"Ce rapport contient des pr\u00e9visions \u00e9conomiques et financi\u00e8res de r\u00e9f\u00e9rence pour les estimations du co\u00fbt des promesses \u00e9lectorales de 2021.","highlights":null},"updated_at":"2021-09-16T16:47:11.000000Z","type":"RP","slug":"RP-2122-016-S--2021-election-proposal-costing-baseline--cout-mesures-proposees-pendant-campagne-electorale-2021-prevision-reference","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-016-S--2021-election-proposal-costing-baseline--cout-mesures-proposees-pendant-campagne-electorale-2021-prevision-reference","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2122-016-S--2021-election-proposal-costing-baseline--cout-mesures-proposees-pendant-campagne-electorale-2021-prevision-reference"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-016-S--2021-election-proposal-costing-baseline--cout-mesures-proposees-pendant-campagne-electorale-2021-prevision-reference","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2122-016-S--2021-election-proposal-costing-baseline--cout-mesures-proposees-pendant-campagne-electorale-2021-prevision-reference"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/0c1012241fb6faad32a0bccebbc2e2895ae46af211c4c75eba22edf5aa75d611"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/aecf888dd10e4c14cf15e1f916894103fcbed9c3b6b475e11a361363b1571ac7"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fda8c00bad689d6a23cbc69bb9db22866be6231cc738e4f9993fb125425d8bb3","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fe50b1dce3d2a98d216293416081b0e632a1dd89d1f08f5379e69b4999dfe030","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8f7e1aaf1119b97fd0365b6cd93556ac3b4f465ad2b63c57c42d6750d73d96cb","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4979a40a2dcfb50dc2fa5f9ab9e1894e2de5c5ceda5997dfb645bd020c4c12c4","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9024b0a5a8cb947beb321914c0d50bec535b769c40670d1f2b123609b88be86b","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/75b10d28d0908a3d1c5630c50ef4b5c3349edc52f44b363f571f3f4b9400ded0","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/96a22e674b7f5046676041a3b96678c0ed2ecbd70f5bfc2a07bae38607f55efb","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1351c5f34545cbf649db985bcec354dcfbf40dceebccb36db9f1b7d971a69a2f"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5ead501ed7fa0e14c0d96d175afabfd16dcc2a1cbe78390c5d9d91e7b50d6eac","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4d0100066e4a18da726fc416c4e47a8901403edf386462bc59eba424fd6297cf","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2c4b0c9382e2ea2ce00e753fd1ff6b2b30be8ec87ca641976004c68963115e9c","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/06d96336cb1030a348db2400a7e4859ca8ad3321d0b716e5aadf76820945d874","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0af6503ffe14bc21a78706559c760a77015ded2fad76882c4acdd7f9851a8cbb","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e9563aee1b3ced4ed80a814cd8bb6619c3f28f5c3645f7dd7aa5620d97e3905b","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/63aa29a8f4626e62e109a190bfcd61e5275a5ce76aa62ad9216b0ec59469b9f6","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b32aec6918189e7fc569ffb13ea2ba3c10a10e80483bc38938f8a270d1afb33b"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122016S,\n author={Grinshpoon, Kristina and Nicol, Caroline and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Creighton, Mark and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben},\n title={2021 Election Proposal Costing Baseline},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122016S,\n author={Grinshpoon, Kristina and Nicol, Caroline and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Creighton, Mark and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben},\n title={Cout des mesures propos\\\u0027{e}es pendant la campagne \\\u0027{e}lectorale de 2021 : pr\\\u0027{e}vision de r\\\u0027{e}f\\\u0027{e}rence},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"ADM-2122-002-X","is_published":"2021-08-09T13:30:09.000000Z","release_date":"2021-08-09T13:30:00.000000Z","title_en":"Ready Reckoner User Guide","title_fr":"Guide d\u2019utilisation du Simulateur budg\u00e9taire (Bar\u00e8me)","internal_id":"ADM-2122-002-X","metadata":{"abstract_en":"The PBO\u2019s Ready Reckoner is an online tool to estimate the potential impacts on federal budgetary revenues that would arise from adjusting various federal tax rates, credits, and brackets. This is a brief guide to assist users with technical questions.","abstract_fr":"Le Simulateur budg\u00e9taire (Bar\u00e8me) du DPB est un outil en ligne qui permet d\u2019estimer les r\u00e9percussions potentielles sur les revenus budg\u00e9taires f\u00e9d\u00e9raux qu\u2019aurait l\u2019ajustement de divers taux d\u2019imposition, cr\u00e9dits d\u2019imp\u00f4t et tranches d\u2019imposition. Il s\u2019agit d\u2019un bref guide pour r\u00e9pondre aux questions techniques des utilisateurs.","highlights":null},"updated_at":"2021-08-09T13:30:09.000000Z","type":"ADM","slug":"ADM-2122-002-X--ready-reckoner-user-guide--guide-utilisation-simulateur-budgetaire-bareme","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/ADM-2122-002-X--ready-reckoner-user-guide--guide-utilisation-simulateur-budgetaire-bareme","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/ADM-2122-002-X--ready-reckoner-user-guide--guide-utilisation-simulateur-budgetaire-bareme"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/ADM-2122-002-X--ready-reckoner-user-guide--guide-utilisation-simulateur-budgetaire-bareme","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/ADM-2122-002-X--ready-reckoner-user-guide--guide-utilisation-simulateur-budgetaire-bareme"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/276d04a19a8e2257286e3336b80f116cde61b6d8f71a0d8213b60fb945186019"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/0052cd2da85ecad17139dabcbf8805773f57d0788f53466fd046a1dabad3eec1"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fc31c3920f05064d376853679dcbfe849921b46292d260f40be277e000e034dd","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/08af92b6585b3fed25f90cdda883d5f6031ef2628d086a0dda0aa85ae08f874c","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/916cdc17015b589cfb5bb36ec42c630932692f56e6a23a20e260a021895908cd","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/536fa1614b94fbdc5164fc02d6a01ab9e3c9eb6cdb047d0bb4398ca8f7909053","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f842692d18541f22a0706e6bad4f5cb55700a25f4767e2b2c144813a99ed989f","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5d1844193655c9d451553327bfc4bffaad1fbe25f2ea51dcc1a20217b4155a87","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f119e89d04dc032d37396b3481055659a0895b99e48822b2a1ce07a995b90ca6","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/26f814b18bbd64625932db033196cd56744be0fb57ce09031af4073931f7c658"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ebedc76f1ab6f13451cf929f4f29fa0c94339f98ff612ef18d0effde1cf98eec","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/929bf67c3838b4a5cbf10725febcb8849a7f43d91e18a369339f090824ce7148","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/466af90eadba58fee1060579170376fc6f8b40db65a2caa0ab4f122c4025af83","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/41bf3b033f1d5082d8dbb98e0535dfd3095a350c3d44b8dac23d26651dc9eecb","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/aaaae6e039f04551704ea6038fe90c5babd6f3bc874a43af0a3a8b46b09facd6","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a98ad50c3559763e7a073717d03d38551121e766d9427953dea38a064dd7e47b","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2f5260bd37c49b9a31a9a1fa50cbc54ea646b7df3ae05ec116f9f7e644076900","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1a72d7e1dab8b8ba28cf37ccd3036eb1625cf94dda71ccfafd28545c02f44235"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-ADM2122002X,\n author={Busby, Carleigh and Bernier, Govindadeva and Michalyshyn, Katarina and Scholz, Tim},\n title={Ready Reckoner User Guide},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-ADM2122002X,\n author={Busby, Carleigh and Bernier, Govindadeva and Michalyshyn, Katarina and Scholz, Tim},\n title={Guide d\u2019utilisation du Simulateur budg\\\u0027{e}taire (Bar\\`{e}me)},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2122-003-S","is_published":"2021-05-13T13:00:10.000000Z","release_date":"2021-05-13T13:00:00.000000Z","title_en":"The Collection of GST from Foreign-Based Sellers on Goods Sold to Canadian Residents from Canadian Fulfillment Warehouses","title_fr":"La perception de la TPS sur les biens stock\u00e9s dans des entrep\u00f4ts de traitement de commandes du Canada et vendus \u00e0 des r\u00e9sidents canadiens","internal_id":"LEG-2122-003-S","metadata":{"abstract_en":"Certain foreign-based sellers store goods in warehouses within Canada in anticipation of the goods being sold to buyers located in Canada. Once an item is purchased, it is shipped from the warehouse to the buyer.\n\nFor items over the de minimis threshold (DMT) , while GST is paid on the wholesale value of a good when it is imported into Canada, GST is not necessarily collected on the gap between the wholesale value and the final price of the good. The proposed measure would ensure that GST is collected on this price gap.\n\nFor items under the DMT, no GST is paid upon entry of the good into Canada. The policy would impose GST on the final price of these items if they are stored in a fulfillment warehouse before being sold to the final customer.\n\nIf a seller is registered to collect GST, the seller themselves would be responsible for collecting GST on the final price. If a seller is not registered but they sell through a distribution platform, the platform would be responsible for collecting GST on the final price on behalf of the seller.\n\nThis policy would come into effect on July 1, 2021.","abstract_fr":"Certains vendeurs \u00e9trangers stockent des biens dans des entrep\u00f4ts situ\u00e9s au Canada en vue de les vendre \u00e0 des acheteurs canadiens. Apr\u00e8s avoir \u00e9t\u00e9 achet\u00e9s, les articles gard\u00e9s en entrep\u00f4t sont exp\u00e9di\u00e9s \u00e0 l\u2019acheteur.\n\nPour les articles d\u00e9passant le seuil de minimis , lorsqu\u2019une marchandise est import\u00e9e au Canada, la TPS est per\u00e7ue sur la valeur de gros, mais elle ne l\u2019est pas n\u00e9cessairement sur le montant qui repr\u00e9sente la diff\u00e9rence entre le prix de vente final et le prix de gros. La mesure propos\u00e9e ferait en sorte que la TPS soit per\u00e7ue sur ce montant diff\u00e9rentiel.\n\nPour les articles en de\u00e7\u00e0 du seuil de minimis, aucune TPS n\u2019est pay\u00e9e \u00e0 l\u2019entr\u00e9e du produit au Canada. La politique imposerait la TPS sur le prix final de ces articles s\u2019ils sont stock\u00e9s dans un entrep\u00f4t de traitement avant d\u2019\u00eatre vendus au client final.\n\nLe vendeur inscrit aux fins de la perception de la TPS serait lui-m\u00eame tenu de percevoir la TPS sur le prix final. Dans le cas d\u2019un vendeur qui n\u2019est pas inscrit, mais qui fait du commerce sur une plateforme de distribution, c\u2019est la plateforme qui serait tenue de percevoir la TPS sur le prix final au nom du vendeur.\n\nCette politique entrerait en vigueur le 1er juillet 2021.","highlights":null},"updated_at":"2021-05-13T13:00:10.000000Z","type":"LEG","slug":"LEG-2122-003-S--collection-gst-from-foreign-based-sellers-goods-sold-canadian-residents-from-canadian-fulfillment-wa--perception-tps-biens-stockes-dans-entrepots-traitement-commandes-canada-vendus-residents-canadiens","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2122-003-S--collection-gst-from-foreign-based-sellers-goods-sold-canadian-residents-from-canadian-fulfillment-wa--perception-tps-biens-stockes-dans-entrepots-traitement-commandes-canada-vendus-residents-canadiens","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2122-003-S--collection-gst-from-foreign-based-sellers-goods-sold-canadian-residents-from-canadian-fulfillment-wa--perception-tps-biens-stockes-dans-entrepots-traitement-commandes-canada-vendus-residents-canadiens"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2122-003-S--collection-gst-from-foreign-based-sellers-goods-sold-canadian-residents-from-canadian-fulfillment-wa--perception-tps-biens-stockes-dans-entrepots-traitement-commandes-canada-vendus-residents-canadiens","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2122-003-S--collection-gst-from-foreign-based-sellers-goods-sold-canadian-residents-from-canadian-fulfillment-wa--perception-tps-biens-stockes-dans-entrepots-traitement-commandes-canada-vendus-residents-canadiens"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/9657985333d0d30886554723a77f3a39af8c5e3f5e16a772a15705dcf0fd9a77"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/bb15d2edc47c840b6aece0df99e74b92db2c99cc1b44e4605ce4b8ed37b9b3b5"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8c5d07fb7773ded9598cec77eef9aa9282a17541d1f22298d929b9359ce13180","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9229d30f6149e14a459a821794e7bc4d610d42b61909f95ecfcabf463e4c302d","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/144021390bb2bfec6821d8ec299256f3780ecf7a15b66dd6ef5dc67b84127cef","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1224b0999fb886f6eb86b98638dd83a9727ed1c75a3bffe48f7eb1bf1af47805","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/07b617ab31e07c73c9a1c3a292c7eeec58d4514e85a0a3b26c203b1a62636237","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6e2c18ed9a9e4687b925cb574a95f44ffcb72ba4a042e49a0ec86b81308b654e","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ee6f987a7624dc561fcb9c8d436eb91d5bbad0fa0044b605efdc8d2be86738f2","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8af452ee6abafc6c548b7b4071358cfa80b63cb3997f156925a2f5e4e07d8b2e"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1ee519a48019711cb45be12f8bdd848126ad74f33959091370c2bbcb72b8ce6c","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4ef1449a56976ece5e40c467b6117506102f438a31ef52c2e806ca023ab903c2","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bbb6c002304daf6450b84592c67d921a9060abf3a5a5ebe8e61f1f7ac09085bc","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/efeb125157a36af65c3efceaa0d173894f9c1e52d118d3bcbfa22d306d794252","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c2acf85dd33946139c4d234b11eb9265a32d0ef52b8caced8158d1632ef287dc","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/883d7135ae21ef2723f6ac378beb0fa11934b64343b9f71d95c71769029d3973","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/204ba78496454fc6047a7009005d912578470e2bb2bd23f5c06b1c77e18a81d7","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f64e325b03c4374ffe80d7218edfb8cfbcdab411632480c0d59bc43e4ed8e104"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2122003S,\n author={Michalyshyn, Katarina},\n title={The Collection of GST from Foreign-Based Sellers on Goods Sold to Canadian Residents from Canadian Fulfillment Warehouses},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2122003S,\n author={Michalyshyn, Katarina},\n title={La perception de la TPS sur les biens stock\\\u0027{e}s dans des entrep\\^{o}ts de traitement de commandes du Canada et vendus \\`{a} des r\\\u0027{e}sidents canadiens},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2021-070-S","is_published":"2021-03-18T13:00:12.000000Z","release_date":"2021-03-18T13:00:00.000000Z","title_en":"Canada Recovery Caregiver Benefit (CRCB) \u2013 12 Week Extension","title_fr":"Prestation canadienne de la relance \u00e9conomique pour proches aidants (PCREPA) \u2013 Prolongation de 12 semaines","internal_id":"LEG-2021-070-S","metadata":{"abstract_en":"On February 19, the Government announced it was extending the eligibility of the Canada Recovery Caregiver Benefit (CRCB) by an additional 12 weeks, bringing the maximum benefit period to 38 weeks.\n\nThe CRCB provides a $500 weekly taxable benefit per household for workers who miss at least 50% of their normal time at work during a week to care for someone for reasons related to COVID-19. \n\nReasons that a worker could claim the CRCB include caring for a child under 12 or another family member 12 or over who cannot be left alone without supervision; whose school, childcare, or other type of care program is closed due to COVID-19; whose normal caregiver cannot provide care due to COVID-19; or who is staying home because they have an increased risk of severe health consequences if they become infected with COVID-19.\n\nEligible workers must have earned at least $5,000 in any of 2019, 2020, or the span of 12 months before they apply for the CRCB. They are ineligible for the CRCB if they are receiving certain other benefits (for example, the Canada Recovery Benefit, the Canada Recovery Sickness Benefit, Employment Insurance). This program sunsets on September 25, 2021.\n\nEligible workers must have earned at least $5,000 in any of 2019, 2020, or the span of 12 months before they apply for the CRCB. They are ineligible for the CRCB if they are receiving certain other benefits (for example, the Canada Recovery Benefit, the Canada Recovery Sickness Benefit, Employment Insurance ). This program sunsets on September 25, 2021.","abstract_fr":"Le 19 f\u00e9vrier 2021, le gouvernement a annonc\u00e9 qu\u2019il prolongeait de 12 semaines la p\u00e9riode d\u2019admissibilit\u00e9 \u00e0 la Prestation canadienne de la relance \u00e9conomique pour proches aidants (PCREPA), la faisant passer \u00e0 un maximum de 38 semaines.\n\nLa PCREPA est une prestation hebdomadaire imposable de 500 $ par m\u00e9nage accord\u00e9e aux travailleurs qui doivent s\u2019absenter pendant au moins 50 % de leur temps de travail normal, au cours d\u2019une semaine, pour s\u2019occuper d\u2019une personne pour des raisons dues \u00e0 la COVID 19.\n\nLes travailleurs peuvent demander la PCREPA lorsqu\u2019ils sont incapables de travailler parce qu\u2019ils doivent s\u2019occuper de leur enfant de moins de 12 ans ou d\u2019un autre membre de la famille \u00e2g\u00e9 de plus de 12 ans qui a besoin de soins supervis\u00e9s, et dont l\u2019\u00e9cole, le programme r\u00e9gulier ou l\u2019\u00e9tablissement est ferm\u00e9 ou ne leur est pas accessible, ou s\u2019ils sont malades, en isolement ou \u00e0 risque de graves complications de sant\u00e9 en raison de la COVID 19.\n\nPour \u00eatre admissibles, les travailleurs doivent avoir gagn\u00e9 au moins 5 000 $ en 2019, 2020 ou au cours des 12 mois pr\u00e9c\u00e9dant leur demande pour la PCREPA. Ils ne seront pas admissibles \u00e0 la PCREPA s\u2019ils b\u00e9n\u00e9ficient d\u00e9j\u00e0 d\u2019autres prestations (comme la Prestation canadienne de la relance \u00e9conomique, la Prestation canadienne de maladie pour la relance \u00e9conomique ou des prestations d\u2019assurance emploi). Ce programme prendra fin le 25 septembre 2021.","highlights":null},"updated_at":"2021-03-18T13:00:12.000000Z","type":"LEG","slug":"LEG-2021-070-S--canada-recovery-caregiver-benefit-crcb-12-week-extension--prestation-canadienne-relance-economique-proches-aidants-pcrepa-prolongation-12-semaines","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-070-S--canada-recovery-caregiver-benefit-crcb-12-week-extension--prestation-canadienne-relance-economique-proches-aidants-pcrepa-prolongation-12-semaines","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-070-S--canada-recovery-caregiver-benefit-crcb-12-week-extension--prestation-canadienne-relance-economique-proches-aidants-pcrepa-prolongation-12-semaines"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-070-S--canada-recovery-caregiver-benefit-crcb-12-week-extension--prestation-canadienne-relance-economique-proches-aidants-pcrepa-prolongation-12-semaines","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-070-S--canada-recovery-caregiver-benefit-crcb-12-week-extension--prestation-canadienne-relance-economique-proches-aidants-pcrepa-prolongation-12-semaines"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/965913802db2b725c48ad5b3687cda6e9fa033585989302f9717568213e399ae"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/1d98693d3e2fd8c58bed98f556af9cc2fb8fda7cce0fe44c8edfa91cb16e3b15"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b731eedebfe0a528885b2dd22fa3a5f2626191c1","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8404a16f62031ebd0ef73b483215f751072a1e2b","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/04758e3aa65df23ec934c4f98d9dac21d9ba2443","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/95ee85ee519daff96f4e3bb3825e1fcb91049123","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a2370077848906e17d2f91784cb5f7cfa45507e0","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/27cbc6f21746a1efd1ec6ced3d66eed60aec9e3e","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d49d60dd41c0d29815fbdb9e3a57cca453a869a9","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/976ca4954402f7eb3e33d2d1ac44a63999d05c7f"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/622927bc1b72049cfa58dd00bb5a59f7ad7e0327","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/39c212e193392781e28b6a7816a9e83ae1486131","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d89ca36d806532978ced7ddb76089886d089dbe5","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/366a2e213be6c370b453aa7790d7b8fa6362aa3d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/976c4e9fe9336689178382759628f6b8fa7c1b2d","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9b6e3bd68ece7e6423388d1b3af03198fbb50282","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f769e308df323ba8fc8feac5c9e03e884d0b0dee","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ee6789b103a08c89e9068d2702ab8957c29e311f"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2021070S,\n author={Michalyshyn, Katarina and Perrault, Louis},\n title={Canada Recovery Caregiver Benefit (CRCB) - 12 Week Extension},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2021070S,\n author={Michalyshyn, Katarina and Perrault, Louis},\n title={Prestation canadienne de la relance \\\u0027{e}conomique pour proches aidants (PCREPA) - Prolongation de 12 semaines},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2021-071-S","is_published":"2021-03-18T13:00:12.000000Z","release_date":"2021-03-18T13:00:00.000000Z","title_en":"Canada Recovery Sickness Benefit (CRSB): 2-week extension","title_fr":"Prestation canadienne de maladie pour la relance \u00e9conomique (PCMRE) : prolongation de deux semaines","internal_id":"LEG-2021-071-S","metadata":{"abstract_en":"On February 19, 2021, the government announced the extension of the Canada Recovery Sickness Benefit (CRSB). The extension will allow workers to take an additional two weeks of benefits, bringing the total maximum benefit to four weeks.\n\nThe CRSB provides $500 per week to those who are absent from at least 50% of their typical time at work in a given week because of being ill from COVID-19, self-isolating due to COVID-19, or having a medical condition that would cause them to be more vulnerable to contracting COVID-19.\n\nThis benefit is taxable. The CRSB program is in effect from September 27, 2020 to September 25, 2021.","abstract_fr":"Le 19 f\u00e9vrier 2021, le gouvernement a annonc\u00e9 la prolongation de la Prestation canadienne de maladie pour la relance \u00e9conomique (PCMRE) . La prolongation permettra aux travailleurs de prendre deux semaines de prestations suppl\u00e9mentaires, ce qui portera \u00e0 quatre semaines la prestation maximale totale.\n\nLa PCMRE fournit 500 $ par semaine \u00e0 ceux qui manquent au moins 50 % de leur temps habituel au travail au cours d\u2019une semaine donn\u00e9e parce qu\u2019ils sont malades en raison de la COVID-19, parce qu\u2019ils s\u2019isolent en raison de la COVID-19, ou parce que leur \u00e9tat de sant\u00e9 les rendrait plus vuln\u00e9rables \u00e0 contracter la COVID-19.\n\nCet avantage est imposable. Le programme de la PCMRE est en vigueur du 27 septembre 2020 au 25 septembre 2021.","highlights":null},"updated_at":"2023-08-17T14:08:02.000000Z","type":"LEG","slug":"LEG-2021-071-S--canada-recovery-sickness-benefit-crsb-2-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-deux-semaines","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-071-S--canada-recovery-sickness-benefit-crsb-2-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-deux-semaines","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-071-S--canada-recovery-sickness-benefit-crsb-2-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-deux-semaines"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-071-S--canada-recovery-sickness-benefit-crsb-2-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-deux-semaines","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-071-S--canada-recovery-sickness-benefit-crsb-2-week-extension--prestation-canadienne-maladie-relance-economique-pcmre-prolongation-deux-semaines"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/399f4f6cdaccaa63188ddab651bf04b1bc9d051a5c6cd16181f38e86ac35da16"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/4a4a4a2dde0e8e9b07f2149bdbe42beca991fd07773afa1884bcc39574820a50"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8873c77178a7c59c91f8a647afc7e3992484acc7","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b3c9b0807bc036d85475f50e2b7f6b9eedb71475","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/da454af224c6df7404641d4960ea8e8615ce6734","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d7fc70a17d26881077051edde719b16781628e0e","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b22c4d9b8e926eed526c1e719b3cbc0608f0a1e5","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/61b13f3030747862b02d91601dfd74e4990685f0","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/11cc8df2a79d5350d072d25646e16bb1b4c2a54c","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ba184bbc5dca0841d4bf7dea7d8842fbb8cc1d32"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7ff80faf08179eedb78091c05bb263764b408bb2","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/673db9994e7344f18d45829d09f1e060d8a4a642","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/03e92b5097999d2b3c4ae486a29dc992beb0d7f3","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f0a73b8f7e475fc49860038df40947408a039aa5","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a26a5c87800a4d07473f2ff9dfcb92dead8a07a1","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4c78f7af9d8049621fc606bf99375ded3976bfae","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f48f64eacad0963643181afbee620dc2dc010dc8","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/decb1075b4b283f089f40b96b41e1340af1738de"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2021071S,\n author={Michalyshyn, Katarina and Perrault, Louis},\n title={Canada Recovery Sickness Benefit (CRSB): 2-week extension},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2021071S,\n author={Michalyshyn, Katarina and Perrault, Louis},\n title={Prestation canadienne de maladie pour la relance \\\u0027{e}conomique (PCMRE) : prolongation de deux semaines},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2021-068-S","is_published":"2021-02-18T14:00:02.000000Z","release_date":"2021-02-18T14:00:00.000000Z","title_en":"The collection of GST from foreign-based sellers on the final price of goods sold to Canadian residents from Canadian fulfillment warehouses","title_fr":"La perception de la TPS sur le prix final de biens stock\u00e9s dans des entrep\u00f4ts de traitement de commandes du Canada et vendus \u00e0 des r\u00e9sidents canadiens par des vendeurs \u00e9trangers","internal_id":"LEG-2021-068-S","metadata":{"abstract_en":"Certain foreign-based sellers store goods in warehouses within Canada in anticipation of the goods being sold to buyers located in Canada. Once an item is purchased, it is shipped from the warehouse to the buyer. While GST is paid on the wholesale value of the good when it is imported into Canada, GST is not necessarily collected on the gap between the wholesale value and the final price of the good. The proposed measure would ensure that GST is collected on this price gap.\n\nIf a seller is registered to collect GST, the seller themselves would be responsible for collecting GST on the final price. If a seller is not registered but they sell through a distribution platform, the platform would be responsible for collecting GST on the final price on behalf of the seller.\n\nThis policy would come into effect on July 1, 2021.","abstract_fr":"Certains vendeurs \u00e9trangers stockent des biens dans des entrep\u00f4ts situ\u00e9s au Canada en vue de les vendre \u00e0 des acheteurs canadiens. Apr\u00e8s avoir \u00e9t\u00e9 achet\u00e9s, les articles gard\u00e9s en entrep\u00f4t sont exp\u00e9di\u00e9s \u00e0 l\u2019acheteur. Lorsqu\u2019une marchandise est import\u00e9e au Canada, la TPS est per\u00e7ue sur la valeur en gros, mais elle ne l\u2019est pas n\u00e9cessairement sur le montant qui repr\u00e9sente la diff\u00e9rence entre le prix de vente final et le prix de gros. La mesure propos\u00e9e ferait en sorte que la TPS soit per\u00e7ue sur ce montant diff\u00e9rentiel.\n\nLe vendeur inscrit aux fins de la perception de la TPS serait lui m\u00eame responsable de percevoir la TPS sur le prix final. Dans le cas d\u2019un vendeur qui n\u2019est pas inscrit mais qui fait du commerce sur une plateforme de distribution, c\u2019est la plateforme qui serait responsable de percevoir la TPS sur le prix final au nom du vendeur.\n\nCette politique entrerait en vigueur le 1er juillet 2021.","highlights":null},"updated_at":"2021-02-18T18:51:29.000000Z","type":"LEG","slug":"LEG-2021-068-S--collection-gst-from-foreign-based-sellers--perception-tps-prix-final-biens-stockes-dans-entrepots-vendeurs-etrangers","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-068-S--collection-gst-from-foreign-based-sellers--perception-tps-prix-final-biens-stockes-dans-entrepots-vendeurs-etrangers","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-068-S--collection-gst-from-foreign-based-sellers--perception-tps-prix-final-biens-stockes-dans-entrepots-vendeurs-etrangers"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-068-S--collection-gst-from-foreign-based-sellers--perception-tps-prix-final-biens-stockes-dans-entrepots-vendeurs-etrangers","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-068-S--collection-gst-from-foreign-based-sellers--perception-tps-prix-final-biens-stockes-dans-entrepots-vendeurs-etrangers"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/46c9a3ba64ebb7635ed44d0449365f9e6c82c13dd2bc11732b4bc7b426c819bd"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/3a32547ed8312c1b5c26510a8111facb7d129d79ff4119803aadfde0fc1e00b7"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/650b7eb2690fa91887ef546b58f556cce4f58c28","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9373c8e1a0e277a0bf48d003c2c8664bc5b6204f","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/29c71409c6e78ab4fa7a7460dff11e554dee8a45","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0ea61570af8777354468b744d5272ff73ab45faa","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/14c7b7e86cb4e31f8033f86983c76682c43e1aca","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2fbe0740e66d6f7325d67a1ce51be7e38bf2df34","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/aba3aafae3ae4a49372ec60910d2ae0b6df8ad87","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/85f864dfac9f5b146b91210ce7d8d1bfd923768c"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9ecbe3b430fa7c00ab094f2c40ba2eaa3f27abb4","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/927139f2f24f35c8cb9d37b5d7d5c6f4da8c52f2","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/54854244208a902d4c35c3c095efa5dff4bdc26c","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6e06aebfd56ae25d71e48c2dbece1f5083126d29","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/46b3da73a51be2aee90e89c79a2c3071eb21d9bb","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b3b8544a5ff886cf3c5c4d84df0cc3ff86c92490","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4cb74cd8dbc41f9ead659c486fbf7be5abc54d7d","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/da06c85673e18d4692cb0f981fcd0a5483af3a02"}}},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2021068S,\n author={Michalyshyn, Katarina},\n title={The collection of GST from foreign-based sellers on the final price of goods sold to Canadian residents from Canadian fulfillment warehouses},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2021068S,\n author={Michalyshyn, Katarina},\n title={La perception de la TPS sur le prix final de biens stock\\\u0027{e}s dans des entrep\\^{o}ts de traitement de commandes du Canada et vendus \\`{a} des r\\\u0027{e}sidents canadiens par des vendeurs \\\u0027{e}trangers},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2021-059-M","is_published":"2021-01-26T20:16:03.000000Z","release_date":"2021-01-25T14:00:00.000000Z","title_en":"Cost Estimate of Bill C-256, An Act to amend the Income Tax Act (donations involving private corporation shares or real estate)","title_fr":"Estimation du co\u00fbt du projet de loi C-256, Loi modifiant la Loi de l\u2019imp\u00f4t sur le revenu (dons concernant des actions de soci\u00e9t\u00e9s priv\u00e9es ou des biens immobiliers)","internal_id":"LEG-2021-059-M","metadata":{"abstract_en":"This private member\u2019s bill would amend the Income Tax Act so that charitable donations of the cash proceeds of the disposition of real-estate and privately-held shares would not be subject to capital gains tax.\n\nThe table below shows the fiscal cost of the policy, the value of the increase in donations that would be due to the policy, and the total value of donations that could benefit from the policy (including the value of donations that may have been made in the absence of the policy).\n\n|$ millions|2020-21|2021-22|2022-23|2023-24|2024-25|Total|\n|--- |--- |--- |--- |--- |--- |--- |\n|Fiscal cost|42.1|170.4|178.3|187.9|198.8|777.5|\n|Additional Donations due to behavioural effects of the policy|53.2|215.0|225.0|237.1|250.8|981.0|\n|Total donations that could benefit from the policy|212.2|858.3|898.4|946.4|1,001.2|3,916.4|","abstract_fr":"Ce projet de loi d\u2019initiative parlementaire modifierait la Loi de l\u2019imp\u00f4t sur le revenu de sorte que les dons de bienfaisance du produit en esp\u00e8ces de la cession de biens immobiliers et d\u2019actions priv\u00e9es ne seraient pas vis\u00e9s par l\u2019imp\u00f4t sur les gains en capital.\n\nLe tableau ci-dessous montre le co\u00fbt fiscal de la politique, la valeur de l\u0027augmentation des dons qui serait due \u00e0 la politique et la valeur totale des dons qui pourraient b\u00e9n\u00e9ficier de la politique (y compris la valeur des dons qui pourraient avoir \u00e9t\u00e9 faits m\u00eame en absence de la politique).\n\n|Millions de $|2020-21|2021-22|2022-23|2023-24|2024-25|Total|\n|--- |--- |--- |--- |--- |--- |--- |\n|Co\u00fbt fiscal|42,1|170,4|178,3|187,9|198,8|777,5|\n|Dons suppl\u00e9mentaires dus \u00e0 l\u2019effet comportemental de la politique|53,2|215,0|225,0|237,1|250,8|981,0|\n|Total des dons qui pourraient b\u00e9n\u00e9ficier de la politique|212,2|858,3|898,4|946,4|1 001,2|3 916,4|","highlights":null},"updated_at":"2021-01-26T20:16:03.000000Z","type":"LEG","slug":"LEG-2021-059-M--cost-estimate-bill-c-256--estimation-cout-projet-loi-c-256","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-059-M--cost-estimate-bill-c-256--estimation-cout-projet-loi-c-256","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-059-M--cost-estimate-bill-c-256--estimation-cout-projet-loi-c-256"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-059-M--cost-estimate-bill-c-256--estimation-cout-projet-loi-c-256","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/LEG-2021-059-M--cost-estimate-bill-c-256--estimation-cout-projet-loi-c-256"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/ac6ab2e7d6624a4bf3b48891f5dd362aeeb4a4a556d11f627d8c1d5c1d25356a"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/16e8eada5edb2a137b17bd9053942b01fa3394b2d2e5d0a75cbbcc8ff182905f"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0a7fa100cfaec85c896ba24e430382327824a544","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/00732fe7bdec3a065b8ba03b99d3952a36e54f07","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/3c3ef28868a25d0d8b446f3a811d2dbe74b021e6","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/390ff43f6ae406cfccd5300e463dd1f26edf1352","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cd2a28f29e99375f5943d8fa08d46d1b5063e506","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d36bc60df67d7e22b60066c8665eec60b3757b08","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/65a9849677ae4641064aa3600ffeb7b87e2b1b93","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fd2b3f4586d64c6b8658bdd4372fad6f2c63766f"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9986f0ddb311c61f0e37a99b9837b17291274788","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/66d00ec3d80eea2c798370c538f44c5022ebeb6a","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/552c2461a84a4e7279202050f40583fccfafb8c8","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/729b4783cef2dc7146c72ae0a0864be297549619","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7253fb4e73ec166b977495dbc66090e05947521e","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/baac83110f110f151f6498e76eb9d540d1359bb8","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/03413ba2a3a9ab86a5835585fe979981bf0039e8","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/61a27439d088af0df35e006ffeb149cb4999f934"}}},"bills":[{"id":74,"created_at":"2021-01-28T13:02:25-05:00","updated_at":"2021-11-25T10:24:37-05:00","legisid":"43_2_C-256","parliament":43,"session":2,"prefix":"C","number":256,"title_en":"Act to amend the Income Tax Act (donations involving private corporation shares or real estate)","title_fr":"Loi modifiant la Loi de l\u2019imp\u00f4t sur le revenu (dons concernant des actions de soci\u00e9t\u00e9s priv\u00e9es ou des biens immobiliers)","bill_num":"C-256","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/bills--projets-de-loi\/43-2\/C-256","legisinfo":"https:\/\/www.parl.ca\/legisinfo\/en\/bill\/43-2\/c-256"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/bills--projets-de-loi\/43-2\/C-256","legisinfo":"https:\/\/www.parl.ca\/LegisInfo\/fr\/projet-de-loi\/43-2\/c-256"}},"pivot":{"publication_id":68,"bill_id":74}}],"bibtex":{"en":"@techreport{PBO-LEG2021059M,\n author={Michalyshyn, Katarina},\n title={Cost Estimate of Bill C-256, An Act to amend the Income Tax Act (donations involving private corporation shares or real estate)},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2021059M,\n author={Michalyshyn, Katarina},\n title={Estimation du cout du projet de loi C-256, Loi modifiant la Loi de l\u2019imp\\^{o}t sur le revenu (dons concernant des actions de soci\\\u0027{e}t\\\u0027{e}s priv\\\u0027{e}es ou des biens immobiliers)},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}}