The Parliamentary Budget Officer (PBO) is an independent officer of the Library of Parliament who reports to the Speakers of both chambers. The position was created through amendments to the Parliament of Canada Act contained in the Federal Accountability Act. en-ca http://www.parl.gc.ca/pbo-dpb/index.aspx?Language=E Wed, 08 Feb 2012 10:00:00 EST Wed, 08 Feb 2012 10:00:00 EST PBO report “Federal Fiscal Sustainability and Elderly Benefits” has been posted on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/pbo-dpb</a>. 20120208-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Sustainability_OAS.pdf Thu, 12 Jan 2012 10:00:00 EST “Renewing the Canada Health Transfer: Implications for Federal and Provincial-Territorial Fiscal Sustainability” on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/pbo-dpb</a>. This note provides an update of PBO’s baseline long-term fiscal projections and fiscal gap estimates (published in its 2011 Fiscal Sustainability Report) that incorporates the recent Canada Health Transfer (CHT) renewal. 20120112-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Renewing_CHT.pdf Wed, 11 Jan 2012 10:00:00 EST “Interim Financial Reporting: Second Quarter Update” on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/pbo-dpb</a>. The Parliamentary Budget Officer (PBO) updated the summary tables of quarterly report disclosures, based on departments’ and agencies’ second quarter statements. 20120111b-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/IFR_2011Q2_Update_EN.pdf Wed, 11 Jan 2012 10:00:00 EST “The Expenditure Monitor: 2011-12 Q2” on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/pbo-dpb</a>. Based on data from the first half of the year, total federal expenditures decreased 3.0 per cent compared to the same period in the previous fiscal year. This is lower than the plan outlined in the Update of Economic and Fiscal Projections, which projected total expenses to rise 1.5 per cent from 2010-11 to 2011-12 (y/y) 20120111a-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Expenditure_Monitor_2011Q2_EN.pdf Thu, 22 Dec 2011 11:00:00 EST “Revenue Impacts Arising from Tax Adjustments: 2012” on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/pbo-dpb</a>. 20111222-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Tax_Rules_of_Thumb_2012.pdf Mon, 12 Dec 2011 10:00:00 EST "A Comparison of Finance Canada and PBO Estimates of the Government of Canada's Structural Budget Balance" on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/PBO-DPB</a>. This note provides a comparison of Finance Canada and PBO estimates of the Government of Canada’s structural (or cyclically-adjusted) budget balance, which is defined as the budgetary balance that would be observed if the economy were operating at its potential gross domestic product (GDP) or income. 20111212-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/CABB_comparison.pdf Mon, 14 Nov 2011 10:00:00 EST "Supplementary Estimates (B) 2011-12" on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/PBO-DPB</a>. This note highlights items in the 2011-12 Supplementary Estimates (B) that may warrant more detailed scrutiny by parliamentarians, owing to their fiscal materiality or risk. 20111114-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Supplementary_Estimates_B_EN.pdf Thu, 03 Nov 2011 10:00:00 EDT "Interim Financial Reporting: Recent Developments" on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/PBO-DPB</a>. Earlier this fall, the Government of Canada introduced a new quarterly reporting regime for federal departments and agencies. The PBO will use these quarterly reports to enrich the analysis provided to Parliament in the Expenditure Monitor. 20111103-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Quarterly_Reports_November_2011_EN.pdf Tue, 01 Nov 2011 10:00:00 EDT "PBO Economic and Fiscal Outlook" on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/PBO-DPB</a>. This report seeks to fulfill the September 29, 2011 House of Commons Standing Committee on Finance (FINA) motion that “consistent with the Parliamentary Budget Officer (PBO) mandate ... the PBO provide an Economic and Fiscal Outlook to the Committee the fourth week of October and April of every calendar year and be available to appear before the Committee to discuss its findings shortly thereafter.” 20111101-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/EFO_November_2011_EN.pdf Thu, 29 Sep 2011 09:00:00 EDT "Fiscal Sustainability Report 2011" that provides an assessment of the sustainability of federal and provincial-territorial government finances over the long term (on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/PBO-DPB</a>). 20110929-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/FSR_2011.pdf Tue, 27 Sep 2011 09:00:00 EDT Expenditure Monitor: 2011-12 Q1 on the Web site at <a href="http://www.parl.gc.ca/PBO-DPB">www.parl.gc.ca/PBO-DPB</a>. The Expenditure Monitor will provide parliamentarians with an update on trends in expenditures across federal departments and agencies. 20110927-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/PBO-DPB/index.aspx?Language=E Thu, 07 Jul 2011 10:00:00 EDT <strong><em>Interim Financial Reporting: Results from the 2011 OECD Survey of Legislative Budget Offices</em></strong> and <strong><em>Monitoring of Federal Expenditures: 2010-11 Q4 Update of the Integrated Monitoring Database (IMD)</em></strong> posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110707-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/ Mon, 13 Jun 2011 10:00:00 EDT Main and Supplementary Estimates (A) 2011-12 posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110613-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/ME_SuppsA_EN.pdf Thu, 24 Mar 2011 11:00:00 EST PBO report entitled <em><strong>"Supporting Parliamentary Scrutiny of the Estimates: The Integrated Monitoring Database (IMD)"</strong></em> posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110324-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/IMD_March_2011_EN.pdf Wed, 23 Mar 2011 10:30:00 EST PBO Report entitled <em><strong>"Comparing PBO and DND Cost Estimates of Canada’s Proposed Acquisition of the F-35 Joint Strike Fighter: Some Preliminary Questions and Answers on Key Issues"</strong></em> posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110323-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/F35_QA_EN.pdf Thu, 17 Mar 2011 14:00:00 EST PBO Report <em><strong>"Fiscal Transparency: Parliament and the Expenditure Management System – Analysis of government Information Tabled at the Procedure and House Affairs Committee"</strong></em> on March 16, 2011 posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110317-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/March_17_Fiscal_Transparency_EN.pdf Tue, 08 Mar 2011 09:00:00 EST PBO Report <em><strong>"An Estimate of the Fiscal Impact of Canada’s Proposed Acquisition of the F-35 Lightning II Joint Strike Fighter"</strong></em> posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110311-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/F-35_Cost_Estimate_EN.pdf Tue, 08 Mar 2011 09:00:00 EST New PBO Report entitled <em><strong>"2011-12 Main Estimates"</strong></em> posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110308-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/2011-12_Main_Estimates_Report_EN.pdf Fri, 25 Feb 2011 12:00:00 EST Fiscal Transparency: Parliament and the Expenditure Management System – Analysis of Government Responses to a Motion of the House of Commons Standing Committee on Finance posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110225-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/Fiscal_Transparency_EN.pdf Thu, 17 Feb 2011 13:00:00 EST PBO’s speech to House of Commons Standing Committee on Public Safety and National Security on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110217-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/documents/2011_02_17_SECU_Speaking_Notes_EN.pdf Tue, 15 Feb 2011 09:00:00 EST The Parliamentary Budget Officer has posted a speech and a presentation to House of Commons Standing Committee on Finance posted on Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110215-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/index.aspx?Language=E Thu, 20 Jan 2011 09:00:00 EST The Parliamentary Budget Officer has posted two new briefing notes entitled <em><strong>“Monitoring Update on the Government’s Operating Freeze”</strong></em> and <em><strong>“A Comparison of PBO and IMF Projections”</strong></em> on the Web site <a href="http://www.parl.gc.ca/pbo-dpb">www.parl.gc.ca/pbo-dpb</a>. 20110120-PARLGCCA-PBO-DPB-E http://www.parl.gc.ca/pbo-dpb/index.aspx?Language=E