Federal government can spend $46B more a year and remain sustainable over long term: PBO report

The federal government can afford to increase spending by $46 billion, or cut taxes by that amount, every year until 2098 and remain fiscally sustainable, according to a report from the Parliamentary Budget Officer Yves Giroux's office. 

Aug 28, 2024 - 14:30
Federal government can spend $46B more a year and remain sustainable over long term: PBO report

AMAZON.CA DEALS

AMAZON.CA DEALS

Parliamentary Budget Officer Yves Giroux waits to appear before the Commons Finance committee on Parliament Hill in Ottawa, Tuesday March 10, 2020. In a new report, Giroux says Liberal reforms to the fiscal stabilization program will increase its cost by will increase by $2.9 billion in fiscal year 2021-22.

The federal government can afford to increase spending by $46 billion, or cut taxes by that amount, every year until 2098 and remain fiscally sustainable, according to a report from the Parliamentary Budget Officer Yves Giroux's office. 

Read More