[{"label":"Home","url":"https:\/\/www.pbo-dpb.ca\/en"},{"label":"Staff","url":"https:\/\/www.pbo-dpb.ca\/en\/staff--equipe","section":{"id":1,"title_en":"About","title_fr":"\u00c0 propos"}},{"label":"Kristina Grinshpoon","url":"https:\/\/www.pbo-dpb.ca\/en\/staff--equipe\/kristina-grinshpoon","section":{"id":1,"title_en":"About","title_fr":"\u00c0 propos"}}]

Kristina Grinshpoon

Director, Fiscal Analysis

Kristina Grinshpoon is the Fiscal Coordinator in the Office of Parliamentary Budget Officer. Prior to this, Kristina worked with Employment and Social Development Canada (ESDC), and the Ontario Ministry of Finance.

Kristina holds an MA in Economics from the University of Ottawa and a BA in Economics and International Relations from the Hebrew University of Jerusalem.

Latest publications

    {"id":"RP-2223-001-S","is_published":"2022-04-22T12:57:10.000000Z","release_date":"2022-04-22T13:00:00.000000Z","updated_at":"2022-04-22T13:03:40.000000Z","type":"RP","internal_id":"RP-2223-001-S","title_en":"Budget 2022: Issues for parliamentarians","title_fr":"Budget de 2022 : Consid\u00e9rations pour les 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assist parliamentarians in their budgetary deliberations, this report highlights key issues arising from Budget 2022.","abstract_fr":"Ce rapport fait ressortir les faits saillants du budget de 2022 pour aider les parlementaires dans leurs d\u00e9lib\u00e9rations budg\u00e9taires.","highlights":[{"content":{"en":"Since the start of the pandemic, the Government has spent, or has planned to spend, $576 billion in new measures\u2014over 35 per cent, $204.5 billion, of this spending is not part of the COVID-19 Response Plan.","fr":"Depuis le d\u00e9but de la pand\u00e9mie, le gouvernement a d\u00e9pens\u00e9, ou pr\u00e9vu de d\u00e9penser, 576 milliards de dollars en nouvelles mesures \u2013 plus de 35 % de ces d\u00e9penses, soit 204,5 milliards de dollars, ne fait pas partie du Plan d\u2019intervention \u00e9conomique du Canada pour r\u00e9pondre \u00e0 la COVID-19."}},{"content":{"en":"Implementation of any remaining measures from the Liberal Party of Canada\u2019s 2021 election platform, as well as additional commitments not included in Budget 2022, such as Pharmacare, will impact the budgetary balance going forward.","fr":"La mise en \u0153uvre de toute mesure restante du programme \u00e9lectoral de 2021 du Parti lib\u00e9ral du Canada, ainsi que tout engagement suppl\u00e9mentaire non indiqu\u00e9 au budget de 2022, comme l\u2019assurance-m\u00e9dicaments, aura une incidence sur le solde budg\u00e9taire ult\u00e9rieur."}},{"content":{"en":"Budget 2022 includes new spending on tax compliance, which is expected to recover $3.4 billion in revenues. There is downside risk to the projected recovery in revenues due to a likely increase in the number of objections and appeals from taxpayers and CRA\u2019s performance on the collection of arrears.","fr":"Le budget de 2022 comporte de nouvelles d\u00e9penses pour l\u2019observation fiscale, dont on s\u2019attend qu\u2019elles entra\u00eenent le recouvrement de recettes fiscales de 3,4 milliards de dollars. Les recettes recouvr\u00e9es pourraient toutefois \u00eatre moins \u00e9lev\u00e9es que pr\u00e9vu, en raison d\u2019une probable augmentation du nombre d\u2019oppositions et d\u2019appels des contribuables et du rendement de l\u2019ARC en mati\u00e8re de perception des arri\u00e9r\u00e9s."}},{"content":{"en":"The Government expects to reduce spending by $9.0 billion beginning in 2023-24. The Government intends to review and identify areas to reduce spending. However, specific details regarding the scope of the review have not yet been announced.","fr":"Le gouvernement s\u2019attend \u00e0 r\u00e9duire les d\u00e9penses de 9,0 milliards de dollars en 2023-2024. Il entend proc\u00e9der \u00e0 un examen afin de d\u00e9terminer les secteurs o\u00f9 les d\u00e9penses seront r\u00e9duites. Cependant, certains d\u00e9tails sur la port\u00e9e de l\u2019examen n\u2019ont pas encore \u00e9t\u00e9 annonc\u00e9s."}},{"content":{"en":"The tabling of Budget 2022 a month after the Government\u2019s Main Estimates decouples the Government\u2019s fiscal planning from the medium-term operational plans tabled in Parliament. Parliamentarians could be well served by adopting a new legislative or administrative framework to enforce better alignment among the Government\u2019s various financial reports.","fr":"Le d\u00e9p\u00f4t du budget de 2022 un mois apr\u00e8s la pr\u00e9sentation du budget principal des d\u00e9penses dissocie la planification financi\u00e8re du gouvernement des plans op\u00e9rationnels \u00e0 moyen terme d\u00e9pos\u00e9s au Parlement. Il pourrait \u00eatre utile que les parlementaires adoptent un nouveau cadre l\u00e9gislatif ou administratif pour imposer une meilleure harmonisation entre les divers rapports financiers du gouvernement."}}]},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223001S,\n author={Bernier, Govindadeva and Grinshpoon, Kristina and Jacques, Jason and Nahornick, Nora and Nicol, Caroline and Perrault, Louis and Stanton, Jason},\n title={Budget 2022: Issues for parliamentarians},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223001S,\n author={Bernier, Govindadeva and Grinshpoon, Kristina and Jacques, Jason and Nahornick, Nora and Nicol, Caroline and Perrault, Louis and Stanton, Jason},\n title={Budget de 2022 : Consid\\\u0027{e}rations pour les parlementaires},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-016-S","is_published":"2021-08-16T13:00:03.000000Z","release_date":"2021-08-16T13:00:00.000000Z","updated_at":"2021-09-16T16:47:11.000000Z","type":"RP","internal_id":"RP-2122-016-S","title_en":"2021 Election Proposal Costing Baseline","title_fr":"Co\u00fbt des mesures propos\u00e9es pendant la campagne \u00e9lectorale de 2021 : pr\u00e9vision de 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report presents PBO\u2019s economic and fiscal baseline projection for the 2021 election proposal costing period.","abstract_fr":"Ce rapport contient des pr\u00e9visions \u00e9conomiques et financi\u00e8res de r\u00e9f\u00e9rence pour les estimations du co\u00fbt des promesses \u00e9lectorales de 2021.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122016S,\n author={Grinshpoon, Kristina and Nicol, Caroline and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Creighton, Mark and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben},\n title={2021 Election Proposal Costing Baseline},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122016S,\n author={Grinshpoon, Kristina and Nicol, Caroline and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Creighton, Mark and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben},\n title={Cout des mesures propos\\\u0027{e}es pendant la campagne \\\u0027{e}lectorale de 2021 : pr\\\u0027{e}vision de r\\\u0027{e}f\\\u0027{e}rence},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2122-015-S","is_published":"2021-06-23T13:00:11.000000Z","release_date":"2021-06-23T13:00:00.000000Z","updated_at":"2021-06-23T13:00:11.000000Z","type":"LEG","internal_id":"LEG-2122-015-S","title_en":"Increasing Old Age Security for Canadians 75 and Over","title_fr":"Augmentation de la pension de S\u00e9curit\u00e9 de la vieillesse pour les Canadiens de 75 ans et 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Providing a one-time taxable payment of $500 in August 2021 to OAS pensioners who will be 75 or over as of June 2022. This will include seniors whose OAS pensions have been fully clawed back through the OAS Recovery Tax.\n- Increasing OAS payments for pensioners 75 and over by 10 per cent on an ongoing basis as of July 2022.","abstract_fr":"Offrir un paiement unique imposable de 500 $ en ao\u00fbt 2021 aux pensionn\u00e9s de la S\u00e9curit\u00e9 de la vieillesse (SV) qui seront \u00e2g\u00e9s de 75 ans ou plus en juin 2022, dont les a\u00een\u00e9s qui ont vu leur pension de SV totalement \u00e9limin\u00e9e par l\u2019imp\u00f4t de r\u00e9cup\u00e9ration de la SV et augmenter en permanence de 10 % les prestations de SV pour les pensionn\u00e9s de 75 ans et plus, \u00e0 compter de juillet 2022.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2122015S,\n author={Grinshpoon, Kristina},\n title={Increasing Old Age Security for Canadians 75 and Over},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2122015S,\n author={Grinshpoon, Kristina},\n title={Augmentation de la pension de S\\\u0027{e}curit\\\u0027{e} de la vieillesse pour les Canadiens de 75 ans et plus},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-007-S","is_published":"2021-05-27T13:00:02.000000Z","release_date":"2021-05-27T13:00:00.000000Z","updated_at":"2021-05-27T13:00:02.000000Z","type":"RP","internal_id":"RP-2122-007-S","title_en":"Impact Assessment of Budget 2021 Measures","title_fr":"\u00c9valuation de l\u0027incidence des mesures du budget de 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private member\u2019s bill would amend the *Income Tax Act* and the *Canada Student Financial Assistance Act* so that students enrolled in a designated educational institution with a Disability Tax Credit (DTC) certificate will receive a grant equal to their annual tuition fees. It is assumed that the bill will come into effect on August 2021, the start of the 2021-22 loan year.","abstract_fr":"Ce projet de loi modifierait la *Loi de l\u2019imp\u00f4t sur le revenu* et la *Loi f\u00e9d\u00e9rale sur l\u2019aide financi\u00e8re aux \u00e9tudiants* de mani\u00e8re que les \u00e9tudiants qui d\u00e9tiennent un certificat pour le cr\u00e9dit d\u2019imp\u00f4t pour personnes handicap\u00e9es (CIPH) et qui sont inscrits dans un \u00e9tablissement d\u2019enseignement d\u00e9sign\u00e9 re\u00e7oivent une bourse \u00e9gale \u00e0 leurs droits de scolarit\u00e9 annuels. Le projet de loi entrerait en vigueur en ao\u00fbt 2021, au d\u00e9but de l\u2019ann\u00e9e de pr\u00eat 2021-2022.","highlights":null},"bills":[{"id":64,"created_at":"2021-01-28T13:02:25-05:00","updated_at":"2021-11-25T10:24:37-05:00","legisid":"43_2_C-246","parliament":43,"session":2,"prefix":"C","number":246,"title_en":"An Act to amend the Income Tax Act and the Canada Student Financial Assistance Act","title_fr":"Loi modifiant la Loi de l\u2019imp\u00f4t sur le revenu et la Loi f\u00e9d\u00e9rale sur l\u2019aide financi\u00e8re aux \u00e9tudiants","bill_num":"C-246","permalinks":{"en":{"website":"https:\/\/pbo-dpb.gc.ca\/en\/legis?pa=43\u0026se=2\u0026bp=C-246"},"fr":{"website":"https:\/\/pbo-dpb.gc.ca\/fr\/legis?pa=43\u0026se=2\u0026bp=C-246"}},"pivot":{"publication_id":87,"bill_id":64}}],"bibtex":{"en":"@techreport{PBO-LEG2021069S,\n author={Grinshpoon, Kristina},\n title={Cost Estimate of Bill C-246: Tuition for Persons with Disabilities},\n institution={The Office of the 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Financial results for fiscal year 2019-20 shown in this report are PBO estimates and not final Public Accounts results.","abstract_fr":"Le pr\u00e9sent rapport propose une pr\u00e9vision de r\u00e9f\u00e9rence pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et financiers possibles dans le cadre des politiques actuelles. **Les perspectives du DPB ne constituent pas une pr\u00e9diction des r\u00e9sultats \u00e9conomiques et financiers futurs.**\n\nCe rapport tient compte des mesures budg\u00e9taires f\u00e9d\u00e9rales annonc\u00e9es jusqu\u2019au 1er septembre 2020 inclusivement. Les r\u00e9sultats financiers de l\u2019exercice 2019-2020 pr\u00e9sent\u00e9s dans ce rapport sont des estimations du DPB et non les r\u00e9sultats d\u00e9finitifs des comptes publics.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021027S,\n author={Grinshpoon, Kristina and Scholz, Tim and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Devakos, Tessa and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Mohamed Ahmed, Salma and Nahornick, Nora and Nicol, Caroline and Sourang, Diarra and Wodrich, Nigel},\n title={Economic and Fiscal Outlook - September 2020},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2021027S,\n author={Grinshpoon, Kristina and Scholz, Tim and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Devakos, Tessa and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and 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Parliamentary Budget Officer (PBO) supports Parliament by providing economic and financial analysis for the purposes of raising the quality of parliamentary debate and promoting greater budget transparency and accountability.\n\nThis report identifies key issues arising from the Government\u2019s Economic and Fiscal Snapshot published on 8 July 2020.","abstract_fr":"Le directeur parlementaire du budget (DPB) appuie le Parlement en fournissant des analyses \u00e9conomiques et financi\u00e8res dans le but d\u2019am\u00e9liorer la qualit\u00e9 des d\u00e9bats parlementaires et de promouvoir une plus grande transparence et responsabilit\u00e9 en mati\u00e8re budg\u00e9taire.\n\nLe pr\u00e9sent rapport cerne les principaux enjeux d\u00e9coulant du Portrait \u00e9conomique et budg\u00e9taire du gouvernement publi\u00e9 le 8 juillet 2020.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021016S,\n author={Grinshpoon, Kristina and Nicol, Caroline},\n title={Economic and Fiscal Snapshot 2020: Issues for Parliamentarians},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2021016S,\n author={Grinshpoon, Kristina and Nicol, Caroline},\n title={Portrait \\\u0027{e}conomique et budg\\\u0027{e}taire 2020 : enjeux pour les parlementaires},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2021-009-S","is_published":"2021-01-26T20:16:02.000000Z","release_date":"2020-06-18T04:00:00.000000Z","updated_at":"2021-07-20T18:54:22.000000Z","type":"RP","internal_id":"RP-2021-009-S","title_en":"Scenario Analysis Update: COVID-19 Pandemic and Oil Price Shocks","title_fr":"Mise \u00e0 jour de l\u2019analyse de sc\u00e9nario : chocs dus \u00e0 la pand\u00e9mie de la COVID-19 et \u00e0 la chute des prix du p\u00e9trole","slug":"RP-2021-009-S--scenario-analysis-update-covid-19-pandemic-oil-price-shocks--mise-jour-analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-009-S--scenario-analysis-update-covid-19-pandemic-oil-price-shocks--mise-jour-analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-009-S--scenario-analysis-update-covid-19-pandemic-oil-price-shocks--mise-jour-analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-009-S--scenario-analysis-update-covid-19-pandemic-oil-price-shocks--mise-jour-analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-009-S--scenario-analysis-update-covid-19-pandemic-oil-price-shocks--mise-jour-analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/1db1d0d4eacedb3f2f1b1ef08ab36f802f5c3a758e562dd11574c57b143c4ef4"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/6f88b6ea3b83a8472303467b91f3e4969ea97f4290623fec354711254ff9b3c8"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7f38c7c8e4898644cbc382fc299d889476c2ac59","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fc9decf395b7e3f0a56fbaf51c5c92f9739cbc96","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/20ed4163a68ead017cb0bf396accc87cc0ef6182","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/061688c2206886a1e1902da3d227b8ba0739cc4b","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dd404991c0ebfaf61cfeafced1b4de9e63da1cdc","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ae5bc66544e4ec986baafc92da2cce9b0e55d23f","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f7a239572fdf92f2475ea82a2b953b59bc285c25","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cbe53d45806e96f4157c203e61d3d989c1e52b04"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8bd6c59d533127d9d9638542391b8a8bbba6141a","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/68e45b805e4c6f7abc370318dec8c3ab257aa1c9","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/281770366663561a563506babd2a907530a4507a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6d64e91d585d3c82c9c88ab900e69d02acadd623","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e63abe04f99db2578e78e12f21664c0f66fc7517","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/54b27b3f2aaf4d2fbcac814c5422f7c63eb3c19f","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/948f75ee2ee7f2f1cf265a8fd65d742cd7770e5d","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a7ab304b835e9077c78430c77ea5d6a0f66084a9"}}},"metadata":{"abstract_en":"This report provides an updated scenario analysis to help parliamentarians gauge potential economic and fiscal implications of the COVID-19 pandemic and recent oil market developments.\nThis report incorporates announced federal budgetary measures up to and including 12 June 2020.","abstract_fr":"Le pr\u00e9sent rapport propose une mise \u00e0 jour de l\u2019analyse de sc\u00e9nario pour aider les parlementaires \u00e0 \u00e9valuer les possibles r\u00e9percussions \u00e9conomiques et financi\u00e8res de la pand\u00e9mie de COVID-19 et des d\u00e9veloppements r\u00e9cents sur le march\u00e9 du p\u00e9trole.\nCe rapport tient compte des mesures f\u00e9d\u00e9rales annonc\u00e9es jusqu\u2019au 12 juin 2020 inclusivement.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021009S,\n author={Grinshpoon, Kristina and Scholz, Tim and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Devakos, Tessa and Elmarzougui, Eskandar and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, 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report provides a cost estimate for a measure that would extend the duration of employment insurance (EI) sickness benefits from 15 weeks to 50 weeks.","abstract_fr":"Ce rapport pr\u00e9sente une estimation des co\u00fbts li\u00e9s \u00e0 une mesure qui porterait de 15 \u00e0 50 semaines la dur\u00e9e des prestations de maladie de l\u2019assurance-emploi (AE).","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP1920003,\n author={Nahornick, Nora and Grinshpoon, Kristina},\n title={Cost Estimate of an Increase in the Duration of Employment Insurance (EI) Sickness Benefits},\n institution={The Office of the Parliamentary Budget Officer},\n year=2019,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP1920003,\n author={Nahornick, Nora and Grinshpoon, Kristina},\n title={Estimation des couts li\\\u0027{e}s \\`{a} la prolongation de la p\\\u0027{e}riode de versement des prestations de maladie de l\u2019assurance-emploi},\n institution={Bureau du directeur 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2018","slug":"RP-1819-382--economic-fiscal-outlook-october-2018-revised-oct-31-2018--perspectives-economiques-financieres-octobre-2018-revise-31-octobre-2018","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-1819-382--economic-fiscal-outlook-october-2018-revised-oct-31-2018--perspectives-economiques-financieres-octobre-2018-revise-31-octobre-2018","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-1819-382--economic-fiscal-outlook-october-2018-revised-oct-31-2018--perspectives-economiques-financieres-octobre-2018-revise-31-octobre-2018"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-1819-382--economic-fiscal-outlook-october-2018-revised-oct-31-2018--perspectives-economiques-financieres-octobre-2018-revise-31-octobre-2018","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-1819-382--economic-fiscal-outlook-october-2018-revised-oct-31-2018--perspectives-economiques-financieres-octobre-2018-revise-31-octobre-2018"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/6c1a89fbab845887611163d6f0042e2c6985d991c3daaacb56af2617ed878bc2"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/aaa2897467250be35e680889ebb576afe9e0540ac6a4ba660599fa671f996683"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a2f833a3e0d713ee1d6f08183d85ccd96e1bdb738b6712d882f6405ba5d2a4ca","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bfec691c553974bd79f00e53c712e931731c70cd3ec5341b01ad3aac1ac86572","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2340fd6887ff86b783c91dee5054b1d189e43ce599fa9c53caa96750af23d3af","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9249784921a8f2c41496d08939c0af6810158c582b8dc2b3366e952051f8cc26","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/da4b723a4e72effbf8140c58588a9949c47dd2e7b2f6a3054e6d837d26af31cb","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/28abba4465c4b794d46a671bf1d2e50f10414f78442148e1fc71951b459dfd55","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d1a0c1a30a850227530790243d7be92213505e16e6877bba869c62cbc83ba188","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c5c1f0c389f1ef63220064ce95dcac5f2de135f6a4cb368de3e577e59fe08abc"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/25408903f956fd484640e2a810c33282d41ee98ed3cec39e7088b282f55a8ffb","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5730d54134198f7a984c0c3bb7c6f09e37d5247853da2fd108a12d4ebd62a600","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/188fa29b08a7af72a79167aaace3fe4617c0e836daadec292d8abb73ec0329be","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fbf1863d6b8d8d271345b8162ddd5c5ad156672c0b8eaa46b8a1b3d3c41f5dcc","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/6c5bbdb98312796a0c680c630411caa701477d3bcdc6ab5d6cfc839237f33e36","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/40dcf78cd43a31e281840f74e6afdde0ff8c3c9c3399ff089cb6ca69d6bf01f9","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/131f76d90c6ab10e00192949c9046712d5fcb0d77e06e7e80b056c5d472ba645","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c7db7018e723fa13768c13e7c0f5d4d75087caf4dd970a120e1c06d748be038a"}}},"metadata":{"abstract_en":"Consistent with the Parliamentary Budget Officer\u2019s legislated mandate, this report provides PBO\u2019s economic and fiscal outlook. The Canadian economy continued to operate above its potential output in the first half of 2018. Fuelled by strong export growth, real GDP growth averaged 2.2 per cent in the first two quarters of the year. As underlying inflation moved up to the 2 per cent target and wage growth improved, the Bank of Canada raised its policy interest rate by 25 basis points in January and again in July.","abstract_fr":"Conform\u00e9ment \u00e0 son mandat l\u00e9gislatif, le directeur parlementaire du budget pr\u00e9sente ici ses perspectives \u00e9conomiques et financi\u00e8res. Au cours de la premi\u00e8re moiti\u00e9 de 2018, l\u2019\u00e9conomie canadienne a continu\u00e9 de progresser \u00e0 un rythme sup\u00e9rieur \u00e0 son rendement potentiel. Stimul\u00e9e par la vigueur des exportations, la croissance du PIB r\u00e9el s\u2019est maintenue, en moyenne, \u00e0 2,2 % au cours des deux premiers trimestres de l\u2019ann\u00e9e. L\u2019inflation sous-jacente a augment\u00e9 pour atteindre la cible de 2 % et la croissance des salaires s\u2019est am\u00e9lior\u00e9e, ce qui a amen\u00e9 la Banque du Canada \u00e0 relever son taux directeur de 25 points de base en janvier et encore une fois en juillet.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP1819382,\n author={Scholz, Tim and Shaw, Trevor and Bagnoli, Philip and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Busby, Carleigh and Devakos, Tessa and Grinshpoon, Kristina and MacPhee, Sarah and Nahornick, Nora and Nicol, Caroline and Scutaru, Tiberiu and Wodrich, Nigel},\n title={Economic and Fiscal Outlook - October 2018 - Revised Oct. 31, 2018},\n institution={The Office of the Parliamentary Budget Officer},\n year=2018,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP1819382,\n author={Scholz, Tim and Shaw, Trevor and Bagnoli, Philip and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Busby, Carleigh and Devakos, Tessa and Grinshpoon, Kristina and MacPhee, Sarah and Nahornick, Nora and Nicol, Caroline and Scutaru, Tiberiu and Wodrich, Nigel},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res Octobre 2018 - R\\\u0027{e}vis\\\u0027{e} 31 octobre 2018},\n institution={Bureau du directeur parlementaire du budget},\n year=2018,\n \n address = \u0022Ottawa, ON\u0022\n}"}}