Cost Estimates - 2026-27

• PBO Update – Temporarily suspending the federal fuel excise tax
  Oct 8, 2026 • ES-2627-004-S
  This Cost Estimate assesses the budgetary impact of suspending federal fuel excise taxes from April 20, 2026, to January 31, 2027, and reducing federal fuel excise taxes to 50 per cent of the regular rate from February 1, 2027, to March 31, 2027.
• Estimating the Fiscal Cost of Motion M-24: Three New Federal Personal Income Tax Brackets for High-Income Taxpayers
  Sep 24, 2026 • ES-2627-002-M
  At the request of Member of Parliament Don Davies, the Parliamentary Budget Office (PBO) estimated the fiscal cost of [motion M-24](https://www.ourcommons.ca/members/en/don-davies(59325)/motions/13869238), which proposes the introduction of three new federal personal income tax (PIT) brackets for high-income tax filers. This note summarizes the impact of adding these new tax brackets over a five-year period with an implementation date of January 1, 2027. As requested, estimates include a behavioural response as well as any changes to taxes payable associated with Alternative Minimum Tax calculations.
• Delivering Automatic Federal Benefits for Low-Income Individuals
  Jun 18, 2026 • ES-2627-001-S
  This cost estimate assesses the budgetary impact of Automatic Federal Benefits, noting that the initial design phase which has been announced will target a relatively small subset of all potential low-income non-filers.