Reports - 2022-23

• A Distributional Analysis of the Federal Fuel Charge under the 2030 Emissions Reduction Plan
  Mar 30, 2023 • RP-2223-028-S
  This report provides a distributional analysis of the federal fuel charge under the Government’s 2030 Emissions Reduction Plan. April 17 2024: Estimates of household net costs incorporating “fiscal and economic impacts” reflect the broad economic impact of federal-equivalent carbon pricing—that is, the economic impact of the fuel charge and output-based pricing system (OBPS). [April 17 2024: Distributional analysis of carbon pricing (Additional Analysis)](https://www.pbo-dpb.ca/en/additional-analyses--analyses-complementaires/BLOG-2425-003--distributional-analysis-carbon-pricing--analyse-distributive-tarification-carbone) [March 24 2022: A Distributional Analysis of Federal Carbon Pricing under A Healthy Environment and A Healthy Economy (Report)](https://www.pbo-dpb.ca/en/publications/RP-2122-032-S--distributional-analysis-federal-carbon-pricing-under-healthy-environment-healthy-economy--une-analyse-distributive-tarification-federale-carbone-dans-cadre-plan-un-environnement-sain-une-eco) July 4, 2024: Text in the March 30, 2023 version of this report was revised to ensure consistency with the economic impact of federal-equivalent carbon pricing (that is, the fuel charge and output-based pricing system). Estimates of economic impacts and household costs have not been revised.
• Costing the Express Entry Immigration Process
  Mar 7, 2023 • RP-2223-026-S
  This report estimates the cost of the three immigration streams of the federal Express Entry system for Canada excluding Quebec.
• The Government’s Expenditure Plan and Main Estimates for 2023-24
  Mar 3, 2023 • RP-2223-027-S
  This report examines the federal government’s Expenditure Plan and Main Estimates for 2023-24, which supports the first two appropriation bills that outline $432.9 billion in planned spending. Parliament’s approval is required for $198.2 billion.
• Economic and Fiscal Outlook — March 2023
  Mar 2, 2023 • RP-2223-025-S
  This report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings.
• Supplementary Estimates (C) 2022-23
  Feb 23, 2023 • RP-2223-024-S
  This report presents a detailed analysis of the Government’s third Supplementary Estimates for the 2022-23 fiscal year, which outlines $10.3 billion in new spending. Parliament’s approval is required for $4.7 billion.
• Corporate loss utilization
  Feb 16, 2023 • RP-2223-022-S
  This report analyses the utilization of net operating and capital losses by Canadian corporations over 2000 to 2020 across different sectors of the economy.
• Federal Program Spending on Housing in 2022
  Feb 16, 2023 • RP-2223-023-S
  In response to interest from several Members of Parliament, this self-initiated report is intended to provide an update on spending and results of federal program spending on housing affordability.
• Supplementary Estimates (B) 2022-23
  Nov 18, 2022 • RP-2223-019-S
  This report presents a detailed analysis of the Government’s second Supplementary Estimates for the 2022-23 fiscal year, which outlines $25.8 billion in new spending. Parliament’s approval is required for $20.8 billion.
• Fall Economic Statement 2022 — Issues for Parliamentarians
  Nov 15, 2022 • RP-2223-021-S
  To assist parliamentarians in their budgetary deliberations, this report highlights key issues arising from the 2022 Fall Economic Statement.
• Risk Scenario Analysis — November 2022
  Nov 10, 2022 • RP-2223-020-S
  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.**
• Global greenhouse gas emissions and Canadian GDP
  Nov 8, 2022 • RP-2223-015-S
  This report examines the long-term impact on the Canadian economy of changing weather patterns due to climate change.
• The Life Cycle Cost of the Canadian Surface Combatants — A Fiscal Analysis
  Oct 27, 2022 • RP-2223-016-C
  In response to a request by the House of Commons Standing Committee on Government Operations and Estimates (OGGO), this report presents a cost analysis of the Canadian Surface Combatants (CSC) program, including estimates for the Development, Acquisition, Operations and Sustainment, and Disposal phases of the fleet’s life cycle.
• Economic and Fiscal Outlook – October 2022
  Oct 13, 2022 • RP-2223-018-S
  This report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings.
• Cost Estimate for Bill C-18: Online News Act
  Oct 6, 2022 • RP-2223-017-M
  This report presents the PBO’s response to the request from a Member of Parliament to provide an independent analysis of the financial cost for implementing Bill C-18, An Act respecting online communication platforms that make news content available to persons in Canada.
• House Price Assessment – Update
  Sep 29, 2022 • RP-2223-014-S
  This report provides an update of PBO’s assessment of house prices relative to a household’s capacity to borrow and pay for the purchase of a house in selected Canadian cities. In addition, to gauge the potential downward adjustment in house prices in 2022, we consider scenarios based on assumed increases in mortgage rates and household debt service ratios.
• Research and Comparative Analysis of Fisheries and Oceans Canada
  Aug 16, 2022 • RP-2223-013-C
  This report presents the PBO’s response to a request by the Standing Committee on Fisheries and Oceans to conduct research and a comparative analysis on the Estimates of Fisheries and Oceans Canada (DFO).
• Fiscal Sustainability Report 2022
  Jul 28, 2022 • RP-2223-012-S
  This report provides PBO’s assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans.
• Trans Mountain Pipeline - Update
  Jun 22, 2022 • RP-2223-011-S
  In December 2020, PBO released a report assessing the Government of Canada’s 2018 decision to acquire, expand, operate, and eventually divest of the Trans Mountain Pipeline system. This report provides an updated financial valuation of the purchased assets and estimates the valuation’s sensitivity to several key factors.
• Canadian patented drug prices: Gauging the change in reference countries
  Jun 14, 2022 • RP-2223-008-S
  Regulatory changes for how the Patented Medicines Prices Review Board (PMPRB) formulates price ceilings for patented drugs have been proposed and are due to come into effect in July of 2022. This report examines the proposed change and quantifies its long-term impact. We find that a change to the median of eleven comparator countries is important, but that more flexibility to re-adjust prices would potentially contribute more to reducing expenditures by Canadians.
• Canada’s Military Expenditure and the NATO 2% Spending Target
  Jun 9, 2022 • RP-2223-010-S
  This report presents fiscal analysis of achieving the North Atlantic Treaty Organization’s 2% Defence Spending Target.
• The impact of the Canada Emergency Response Benefits and the three Canada Recovery Benefits on the Canada Child Benefit program
  Jun 8, 2022 • RP-2223-007-M
  This report provides an estimate of the impact of the Canada Emergency Response Benefit (CERB) and the three Canada Recovery Benefits (CRBs) payments on the Canada Child Benefit (CCB) program.
• Inflation Monitor – June 2022
  Jun 7, 2022 • RP-2223-006-S
  This report provides current analysis of recent consumer price inflation data.
• Cost Estimate for Bill C-13: An Act for the Substantive Equality of Canada's Official Languages
  Jun 2, 2022 • RP-2223-005-C
  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's Official Languages*.
• Supplementary Estimates (A) 2022-23
  May 31, 2022 • RP-2223-009-S
  Section 79.2(1) of the Parliament of Canada Act vests the PBO with responsibility to prepare analysis of the Government’s Estimates. To fulfill this mandate, this report presents a detailed assessment of the Government’s first Supplementary Estimates for the 2022-23 fiscal year, which seeks Parliament’s approval of $8.8 billion.
• Research and Comparative Analysis of CIRNAC and ISC
  May 18, 2022 • RP-2223-004-C
  This report presents the PBO’s response to a request by the Standing Committee on Indigenous and Northern Affairs to conduct research and comparative analysis on the Estimates of the Department of Crown-Indigenous Relations and Northern Affairs and the Department of Indigenous Services Canada.
• A stochastic debt sustainability analysis of Budget 2022
  May 17, 2022 • RP-2223-002-S
  This report provides a stochastic debt sustainability analysis of the medium-term outlook presented in Budget 2022.
• The Industrial and Technological Benefits Policy: An Analysis of Contractor Obligations and Fulfillment
  May 12, 2022 • RP-2223-003-S
  This report analyses transactions and investments made from 2015-2019 under the Industrial and Technological Benefits Policy for Canadian defence and security procurement, as administered by Innovation, Science and Economic Development Canada.
• Budget 2022: Issues for parliamentarians
  Apr 22, 2022 • RP-2223-001-S
  To assist parliamentarians in their budgetary deliberations, this report highlights key issues arising from Budget 2022.