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Contentious changes to how capital gains are taxed in Canada will bring in billions less in revenue for the government than Ottawa was expecting when it tabled the 2024 federal budget, according to the Parliamentary Budget Officer. The PBO on Thursday tabled a probe of Liberal measures to hike the …
Read More »Online Harms Act regulators will cost about $200 million over five years: PBO – National
The parliamentary budget officer estimates that staffing up the new regulators in the Liberals’ Online Harms Act will cost around $200 million over five years. The federal government wants to establish a Digital Safety Commission to regulate social-media companies and force them to limit harmful content online. If the government …
Read More »PBO says he has been told not to disclose government’s carbon price analysis – National
Parliamentary Budget Officer Yves Giroux suggested the federal government is gagging him from sharing its own findings on the economic impact of the carbon price. During a Monday Finance Committee meeting, Giroux said the government has its own economic analysis, which he has seen but has not been released. “The …
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