[{"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":"Sarah MacPhee","url":"https:\/\/www.pbo-dpb.ca\/en\/staff--equipe\/sarah-macphee","section":{"id":1,"title_en":"About","title_fr":"\u00c0 propos"}}]

Sarah MacPhee is an Economist with the Office of Parliamentary Budget Officer.

She earned a Master’s of Arts in Economics degree from Queen’s University, as well as Honours BA in Economics and an Honours BBA in Finance from St. Francis Xavier University.

Sarah previously worked with the Atlantic Provinces Economic Council and the Canada Revenue Agency.

Latest publications

    {"id":"RP-2223-002-S","is_published":"2022-05-17T12:57:08.000000Z","release_date":"2022-05-17T13:00:00.000000Z","updated_at":"2022-05-17T12:57:08.000000Z","type":"RP","internal_id":"RP-2223-002-S","title_en":"A stochastic debt sustainability analysis of Budget 2022","title_fr":"Une analyse stochastique de la viabilit\u00e9 de la dette du budget de 2022","slug":"RP-2223-002-S--stochastic-debt-sustainability-analysis-budget-2022--une-analyse-stochastique-viabilite-dette-budget-2022","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-002-S--stochastic-debt-sustainability-analysis-budget-2022--une-analyse-stochastique-viabilite-dette-budget-2022","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2223-002-S--stochastic-debt-sustainability-analysis-budget-2022--une-analyse-stochastique-viabilite-dette-budget-2022"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-002-S--stochastic-debt-sustainability-analysis-budget-2022--une-analyse-stochastique-viabilite-dette-budget-2022","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2223-002-S--stochastic-debt-sustainability-analysis-budget-2022--une-analyse-stochastique-viabilite-dette-budget-2022"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/9889183f9c1c4ea852304254e1088125f067580414d751662fdb6a57b9a63564"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/7352976a8a329463bef36c82c12ee01630a99653441c90ae384a2f15d5d79d1a"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ba66cbbfb9a5639b392d935e005c35e148a04efea468b85af2ecca3225a136b8","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dcbd3eac343ace3331e3391d8d6a1d3a15c3b51376bfdb5b19e17cf0739d172f","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/67994b481e1ac3fad99857493b95e8a7716b25ad5a9f2eda6781c2dff8c7bd14","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4cd24876af6ca5f343aa4e0046d788e65a74f0901c7e99443be56defa31a71f9","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ba1f2040e17e9b6b8545a7679fc6e8e8c37232aab6a994a7d77efdb9aee78d8c","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/03503df14d5582d834688b233c9e6edd6e94f1e36032ffc31cae974409a5f825","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8ebb6ff755b9642bff6b48f0b1e7b25e9a5b476d61e6b3ef32912483c0bf2cb6","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bbf1dc298f599f094b74e65e4387f4fee797bbe3a6a9c0cd21b497658472f2eb"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c02504d5c9a2d671bb4d4dfd6a0faeaa14e8c20a58cfb46b4a7e56cb2ce6d171","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/911f0320ef7fe9fc587c951818810b30244248cf6f02ae1d75796a9665314293","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c82a47f64929a919011a5c11b4ee45287afe95a753d5ec93823179db541bfa8a","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2c6f5409c16d264d73bc8dbea9c10b6fcd9b80033b2bd8204ee842dbb6fe701a","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/30797e1f3ab2b6304a87873cb0c47724d76c87f63ba7bc9871045061def8a2cc","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/21b8f4ef9a96f8e9659ac9c80448a0344743da3e8f956d756a94ef86b655ff1f","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e535808a8bef52258cffc4ad6b85982616ccf8684505ccb797e137390e831021","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8fe5f5397366afea1f9a5414ea7deeff75f837c89dcfd2ab03cb297424ac0a9a"}}},"metadata":{"abstract_en":"This report provides a stochastic debt sustainability analysis of the medium-term outlook presented in Budget 2022.","abstract_fr":"Ce rapport fournit une analyse stochastique de la viabilit\u00e9 de la dette des perspectives \u00e0 moyen terme pr\u00e9sent\u00e9es dans le budget de 2022.","highlights":[{"content":{"en":"Based on past experience, our results suggest that the Government could maintain debt sustainability over the medium term. We estimate there is a 65 per cent chance that the Government\u2019s gross debt-to-GDP ratio in 2026-27 will be below its 2021-22 value.","fr":"Sur la base de l\u2019exp\u00e9rience pass\u00e9e, nos r\u00e9sultats sugg\u00e8rent que le gouvernement pourrait maintenir la viabilit\u00e9 de la dette \u00e0 moyen terme. Nous estimons qu\u2019il y a 65 % de chances que le ratio de la dette brute au PIB du gouvernement en 2026-2027 soit inf\u00e9rieur \u00e0 sa valeur de 2021-2022."}},{"content":{"en":"However, our results also suggest that, on balance, there is upside risk to the Budget 2022 projection of gross debt as a share of GDP. We estimate there is a 65 per cent chance that the gross debt-to-GDP ratio in 2026-27 will exceed the Budget 2022 projection.","fr":"Toutefois, nos r\u00e9sultats sugg\u00e8rent \u00e9galement que, dans l\u2019ensemble, il existe un risque \u00e0 la hausse pour la projection du budget de 2022 concernant la dette brute en pourcentage du PIB. Nous estimons qu\u2019il y a 65 % de chances que le ratio de la dette brute au PIB en 2026 2027 d\u00e9passe la projection du budget de 2022."}},{"content":{"en":"Based on past experience, it is highly likely that the gross debt-to-GDP ratio will not return to its 2019-20 pre-pandemic level of 46.9 per cent by the end of the medium-term planning horizon in 2026-27.","fr":"Sur la base de l\u2019exp\u00e9rience pass\u00e9e, il est tr\u00e8s probable que le ratio de la dette brute au PIB ne reviendra pas \u00e0 son niveau pr\u00e9pand\u00e9mique de 2019-2020, soit 46,9 %, d\u2019ici la fin de l\u2019horizon de planification \u00e0 moyen terme, en 2026-2027."}},{"content":{"en":"We estimate there is effectively an even chance that the budgetary deficit in 2026-27 will be lower than the Government\u2019s 1 per cent of GDP medium-term deficit target and that, on balance, there is upside risk to the Budget 2022 projection of the deficit as a share of GDP.","fr":"Nous estimons qu\u2019il y a effectivement une chance \u00e9gale que le d\u00e9ficit budg\u00e9taire en 2026-2027 soit inf\u00e9rieur \u00e0 l\u2019objectif de d\u00e9ficit \u00e0 moyen terme de 1 % du PIB fix\u00e9 par le gouvernement et que, dans l\u2019ensemble, il existe un risque \u00e0 la hausse pour la projection du d\u00e9ficit en pourcentage du PIB dans le budget de 2022."}}]},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2223002S,\n author={MacPhee, Sarah and Perrault, Louis},\n title={A stochastic debt sustainability analysis of Budget 2022},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2223002S,\n author={MacPhee, Sarah and Perrault, Louis},\n title={Une analyse stochastique de la viabilit\\\u0027{e} de la dette du budget de 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-030-S","is_published":"2022-03-01T14:00:03.000000Z","release_date":"2022-03-01T14:00:00.000000Z","updated_at":"2022-03-01T14:00:03.000000Z","type":"RP","internal_id":"RP-2122-030-S","title_en":"Economic and Fiscal Outlook \u2013 March 2022","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2013 Mars 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report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings.","abstract_fr":"Ce rapport pr\u00e9sente des pr\u00e9visions de r\u00e9f\u00e9rence pour aider les parlementaires \u00e0 \u00e9valuer les r\u00e9sultats \u00e9conomiques et budg\u00e9taires possibles en vertu des cadres d\u2019action actuels.","highlights":[{"content":{"en":"PBO projects growth in the Canadian economy to rebound sharply in the second quarter and remain robust in the second half of 2022 as the reopening of the economy continues.","fr":"Le DPB pr\u00e9voit que la croissance de l\u2019\u00e9conomie canadienne reprendra nettement au cours du deuxi\u00e8me trimestre et qu\u2019elle demeurera solide durant la deuxi\u00e8me moiti\u00e9 de 2022 alors que se poursuit la r\u00e9ouverture progressive de l\u2019\u00e9conomie."}},{"content":{"en":"Based on our outlook for inflation and the output gap, PBO projects that the Bank of Canada will increase its policy interest rate by a cumulative 75 basis points, lifting its rate to 1.00 per cent by the end of 2022.","fr":"En s\u2019appuyant sur ses perspectives concernant l\u2019inflation et l\u2019\u00e9cart de production, le DPB pr\u00e9voit que la Banque du Canada va augmenter son taux directeur de 75 points de base cumulatifs, relevant le taux \u00e0 1 % d\u2019ici la fin de 2022."}},{"content":{"en":"PBO projects a budget deficit of $139.8 billion (5.6 per cent of GDP) in 2021-22 and $47.9 billion (1.8 per cent of GDP) in 2022-23. We project the federal debt-to-GDP ratio to peak at 47.7 per cent in 2021-22 and then gradually decline over the medium term to 42.3 per cent.","fr":"Le DPB pr\u00e9voit un d\u00e9ficit budg\u00e9taire de 139,8 milliards de dollars en 2021-2022 (5,6 % du PIB) et de 47,9 milliards de dollars en 2022-2023, soit 1,8 % du PIB. Le ratio de la dette f\u00e9d\u00e9rale au PIB devrait atteindre un sommet \u00e0 47,7 % du PIB en 2021-2022 avant de revenir progressivement \u00e0 moyen terme \u00e0 42,3 %."}},{"content":{"en":"Due to low interest rates, the cost of servicing the federal debt reached its lowest recorded level in 2020-21 of 7.2 per cent of tax revenues. While interest rates are projected to rise, the debt service ratio will remain low, reaching 11.5 per cent of tax revenues over the medium term.","fr":"\u00c9tant donn\u00e9 les faibles taux d\u2019int\u00e9r\u00eat, le co\u00fbt de service de la dette f\u00e9d\u00e9rale a atteint son niveau le plus bas enregistr\u00e9 en 2020-2021, \u00e0 7,2 % des recettes fiscales. Malgr\u00e9 la hausse anticip\u00e9e des taux d\u2019int\u00e9r\u00eat, le ratio du service de la dette du gouvernement demeurera bas, atteignant 11,5 % des recettes fiscales \u00e0 moyen terme."}}]},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122030S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Ammar, Nasreddine and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Duncan, Krista and Forsyth, Jamie and Giswold, Jill and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben and Sourang, Diarra and Vanderwees, Kaitlyn},\n title={Economic and Fiscal Outlook - March 2022},\n institution={The Office of the Parliamentary Budget Officer},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122030S,\n author={Nahornick, Nora and Nicol, Caroline and Stanton, Jason and Ammar, Nasreddine and Behrend, Robert and Cl\\\u0027{e}ophat, R\\\u0027{e}gine and Creighton, Mark and Duncan, Krista and Forsyth, Jamie and Giswold, Jill and MacPhee, Sarah and Michalyshyn, Katarina and Segel-Brown, Ben and Sourang, Diarra and Vanderwees, Kaitlyn},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - Mars 2022},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2122-027-S","is_published":"2022-01-19T14:00:10.000000Z","release_date":"2022-01-19T14:00:00.000000Z","updated_at":"2022-01-19T14:00:10.000000Z","type":"RP","internal_id":"RP-2122-027-S","title_en":"Economic and Fiscal Update 2021: Issues for Parliamentarians","title_fr":"Mise \u00e0 jour \u00e9conomique et budg\u00e9taire de 2021 : Enjeux pour les 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report highlights key issues arising from the 2021 Economic and Fiscal Update to assist parliamentarians in their budgetary deliberations.","abstract_fr":"Le pr\u00e9sent rapport fait ressortir les faits saillants de la mise \u00e0 jour \u00e9conomique et budg\u00e9taire de 2021 pour aider les parlementaires dans leurs d\u00e9lib\u00e9rations budg\u00e9taires.","highlights":[{"content":{"en":"To promote fiscal transparency, the report recommends legislative amendments for Parliament to consider, such as moving the release date of the Public Accounts by three months to no later than September 30th.","fr":"Par souci de transparence budg\u00e9taire, le rapport recommande au Parlement d\u2019\u00e9tudier des modifications l\u00e9gislatives, visant notamment \u00e0 devancer la publication des Comptes publics de trois mois, soit au plus tard le 30 septembre."}},{"content":{"en":"The report shows that since the start of the pandemic, the Government has spent, or has planned to spend, $541.9 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The report estimates that remaining platform measures would amount to $48.5 billion in net new spending.","fr":"Les 71,2 milliards de dollars en nouvelles mesures dans la Mise \u00e0 jour du gouvernement s\u2019ajoutent en grande partie aux mesures incluses dans le programme \u00e9lectoral du Parti lib\u00e9ral du Canada pour 2021. Le rapport estime que les autres mesures de la plateforme s\u2019\u00e9l\u00e8veraient \u00e0 48,5 milliards de dollars en nouvelles d\u00e9penses nettes."}},{"content":{"en":"Fiscal guardrail indicators in the Update have effectively returned to their pre-pandemic benchmarks. The report notes that the policy rationale for the additional spending initially presented as stimulus spending no longer exists.","fr":"Les indicateurs que sont les garde-fous budg\u00e9taires sont revenus \u00e0 leur niveau de r\u00e9f\u00e9rence d\u2019avant la pand\u00e9mie. Le rapport note que les d\u00e9penses suppl\u00e9mentaires initialement pr\u00e9vues pour la relance \u00e9conomique ne sont plus n\u00e9cessaires."}}]},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122027S,\n author={Jacques, Jason and MacPhee, Sarah and Nicol, Caroline and Stanton, Jason and Vanderwees, Kaitlyn},\n title={Economic and Fiscal Update 2021: 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-RP2122027S,\n author={Jacques, Jason and MacPhee, Sarah and Nicol, Caroline and Stanton, Jason and Vanderwees, Kaitlyn},\n title={Mise \\`{a} jour \\\u0027{e}conomique et budg\\\u0027{e}taire de 2021 : Enjeux pour les parlementaires},\n institution={Bureau du directeur parlementaire du budget},\n year=2022,\n \n address = \u0022Ottawa, ON\u0022\n}"}} 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l\u2019\u00e9tendue de la couverture d\u2019assurance qu\u2019accorde le PSF, de m\u00eame que les r\u00e9percussions des changements r\u00e9cemment apport\u00e9s au PSF et des modifications qui y sont propos\u00e9es."}},{"content":{"en":"Based on the current structure, in cases where a province experiences a significant decline in total revenues, FSP payments would provide coverage ranging from 4 per cent (Newfoundland and Labrador) to 19 per cent (British Columbia) of all revenue losses, on average.","fr":"Selon la structure actuelle du PSF, dans les cas o\u00f9 une province conna\u00eet des pertes importantes de ses revenus totaux, les paiements au titre du PSF couvriraient entre 4 % (Terre-Neuve-et-Labrador) et 19 % (Colombie-Britannique) de l\u2019ensemble de ses pertes de revenus, en moyenne."}},{"content":{"en":"By design, insurance coverage for resource-intensive provinces is well below the coverage the FSP provides to other provinces.","fr":"Le PSF est con\u00e7u de mani\u00e8re \u00e0 ce que la couverture d\u2019assurance des provinces riches en ressources demeure bien en de\u00e7\u00e0 de la couverture accord\u00e9e aux autres provinces."}},{"content":{"en":"Recent changes in 2020 have increased the insurance coverage provided by the FSP, particularly for resource-intensive provinces. Modifications proposed by Canada\u2019s Premiers would further increase FSP insurance coverage.","fr":"Des changements apport\u00e9s r\u00e9cemment, en 2020, ont \u00e9largi la couverture pr\u00e9vue par le PSF, particuli\u00e8rement pour les provinces riches en ressources. Les modifications propos\u00e9es par les premiers ministres provinciaux viendraient encore \u00e9largir cette couverture."}}]},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2122019S,\n author={MacPhee, Sarah and Perrault, Louis},\n title={Assessing the Insurance Properties of the Fiscal Stabilization Program},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2122019S,\n author={MacPhee, Sarah and Perrault, Louis},\n title={\\\u0027{E}valuer les propri\\\u0027{e}t\\\u0027{e}s d\u0027assurance du Programme de stabilisation fiscale},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\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 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the 2020 Fall Economic Statement, the Government proposed to index the maximum payment of $60 per capita (set in 1987) available to a province each year through the Fiscal Stabilization Program (FSP). This indexation increases the maximum payment to $169.82 per capita for both fiscal years 2019-2020 and 2020-2021 and will grow with the Canadian economy, that is, nominal gross domestic product (GDP) per person, for subsequent years.","abstract_fr":"Dans l\u2019\u00c9nonc\u00e9 \u00e9conomique de l\u2019automne 2020, le gouvernement a propos\u00e9 d\u2019indexer le paiement maximal de 60 $ par habitant (fix\u00e9 en 1987) accord\u00e9 \u00e0 une province chaque ann\u00e9e dans le cadre du Programme de stabilisation fiscale (PSF). Cette indexation fait porter le paiement maximal \u00e0 169,82 $ par personne pour les exercices 2019-2020 et 2020-2021, et elle suivra la croissance de l\u2019\u00e9conomie canadienne, c\u2019est-\u00e0-dire l\u2019augmentation du produit int\u00e9rieur brut (PIB) nominal par personne, les ann\u00e9es suivantes.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2021057S,\n author={MacPhee, Sarah and Perrault, Louis},\n title={Fiscal Stabilization Program - Indexing the maximum per capita payment},\n institution={The Office of the Parliamentary Budget Officer},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2021057S,\n author={MacPhee, Sarah and Perrault, Louis},\n title={Programme de stabilisation fiscale - Indexation du paiement maximal par habitant},\n institution={Bureau du directeur parlementaire du budget},\n year=2021,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2021-033-S","is_published":"2021-01-26T20:16:02.000000Z","release_date":"2020-11-06T14:00:00.000000Z","updated_at":"2021-01-26T20:16:02.000000Z","type":"RP","internal_id":"RP-2021-033-S","title_en":"Fiscal Sustainability Report 2020: Update","title_fr":"Rapport sur la viabilit\u00e9 financi\u00e8re de 2020 : Mise \u00e0 jour","slug":"RP-2021-033-S--fiscal-sustainability-report-2020-update--rapport-viabilite-financiere-2020-mise-jour","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-033-S--fiscal-sustainability-report-2020-update--rapport-viabilite-financiere-2020-mise-jour","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-033-S--fiscal-sustainability-report-2020-update--rapport-viabilite-financiere-2020-mise-jour"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-033-S--fiscal-sustainability-report-2020-update--rapport-viabilite-financiere-2020-mise-jour","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-033-S--fiscal-sustainability-report-2020-update--rapport-viabilite-financiere-2020-mise-jour"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/804e226a95ac85638885b4e664fefc37ed2942b388c14c5caa8d6e2a78c97a71"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/f09809476ab51ed442d16fa5bcec342d35f46a744383a215bb57c28af153c886"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9720bbeea67325f0d20609337bc29b510465f3cc","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a40a15119a8614cd93c6483dd4c9cf2a8d8ff144","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4eedbc6e47ffdeca117bc73072082f2ef6f49c28","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7142acd58fa3f1eecf2114970e19f0a11bb7b35d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/722abe8858bd970031791c034df111b9f4e8efee","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b307c82e643f13962c3bc4c9b70b669b884069b0","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2ce747d34507fedeb8637f47bd5aaea874fc6be3","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b3b639502decbee9f7d37a45449e274f3ccb533d"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/988886aa2562e5045e086060808764186de8dcb4","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ab5a42ca81ef9006af7295032e38a0b3c293064e","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4b85dc567bad2f298b9e137ac56c88cb3a86f511","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f1cfbc96191545efa8fa283ae642cee4c0f1469d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/750fd7496b2fca58a295ecdae2a886e36d3cd5b0","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bbe204d2efa71db9a141156370d1d9ca41e4bca8","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1652bba0f1494ededd167f20404b7bf755e36401","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b7add31b01c9efd966947c0e65c675412a97db00"}}},"metadata":{"abstract_en":"This report updates PBO\u2019s February 2020 assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans. It incorporates federal and provincial budgetary measures up to 1 September and 30 October, respectively.","abstract_fr":"Le pr\u00e9sent rapport actualise l\u2019\u00e9valuation qu\u2019a faite le DPB en f\u00e9vrier 2020 de la viabilit\u00e9 financi\u00e8re \u00e0 long terme du gouvernement f\u00e9d\u00e9ral, des administrations infranationales et des r\u00e9gimes de pensions publics. Il inclut des mesures financi\u00e8res f\u00e9d\u00e9rales et provinciales jusqu\u0027au 1er septembre et au 30 octobre, respectivement.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021033S,\n author={Bergeron, \\\u0027{E}tienne and MacPhee, Sarah and Busby, Carleigh and Nicol, Caroline and Scholz, Tim and Sourang, Diarra},\n title={Fiscal Sustainability Report 2020: Update},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2021033S,\n author={Bergeron, \\\u0027{E}tienne and MacPhee, Sarah and Busby, Carleigh and Nicol, Caroline and Scholz, Tim and Sourang, Diarra},\n title={Rapport sur la viabilit\\\u0027{e} financi\\`{e}re de 2020 : Mise \\`{a} jour},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2021-027-S","is_published":"2021-01-26T20:16:02.000000Z","release_date":"2020-09-29T04:00:00.000000Z","updated_at":"2021-01-26T20:16:02.000000Z","type":"RP","internal_id":"RP-2021-027-S","title_en":"Economic and Fiscal Outlook \u2013 September 2020","title_fr":"Perspectives \u00e9conomiques et financi\u00e8res \u2013 Septembre 2020","slug":"RP-2021-027-S--economic-fiscal-outlook-september-2020--perspectives-economiques-financieres-septembre-2020","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-027-S--economic-fiscal-outlook-september-2020--perspectives-economiques-financieres-septembre-2020","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-027-S--economic-fiscal-outlook-september-2020--perspectives-economiques-financieres-septembre-2020"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-027-S--economic-fiscal-outlook-september-2020--perspectives-economiques-financieres-septembre-2020","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-027-S--economic-fiscal-outlook-september-2020--perspectives-economiques-financieres-septembre-2020"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/8059b833d83a3c8eeef55a64fe8229d860c3224f72f87882e6a2689107db96cc"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/cd6fc56f52dd24674b4ab3b58ae193ae09c121ff716798c904497880793f7399"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/04e180f534ebbd5434b4e42b9a2abb17f894d5e6","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/b6a33221f0a83495d2feb46766ae5edb21ea8074","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d39288ff1ddda4506695f5d5126064f69e4d9f4c","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/dbdcd5ae9785d0ddd01c1e16fcdf7f232d726a6a","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8f1b138a0dce94f3cd943f8e2293440f7013a237","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2bfe982efaeae12fa678368aece1a937fd9b534f","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5ae5e0d6b7097c9bbd1458ee381f4136e63b022f","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/62d3dcfad42c3d5dfe148c03c2b5e5ded478982e"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7cf000de2c3d22e6e7337e14c748f647fef4a1c7","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/7b5393d01473a0408e33e0308b25c2c6abf0b533","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a7a4169e3c04466fe0b0cb1020257445bc8e78db","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d827f5112f1ac0dbd1a570fab6bde1961088155d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4db54f1a9d78884d78f03cb1fa830d4e8999bd7b","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ec39254e1a77524171d23106e02c78bf2f04c14c","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/9fc986fe1074f04ce74ec1cb1c7c0def3cbab5ca","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e85080154ec3c0bc6a74d54788c5cb0dceb5018b"}}},"metadata":{"abstract_en":"This report provides a baseline projection to help parliamentarians gauge potential economic and fiscal outcomes under current policy settings. **PBO\u2019s outlook is not a prediction of future economic and budgetary outcomes.**\n\nThis report incorporates announced federal budgetary measures up to and including 1 September 2020. 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 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={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - Septembre 2020},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2021-013-S","is_published":"2021-01-26T20:16:02.000000Z","release_date":"2020-06-25T04:00:00.000000Z","updated_at":"2021-07-20T17:55:16.000000Z","type":"RP","internal_id":"RP-2021-013-S","title_en":"Provincial Government Liquidity Outlook","title_fr":"Perspectives sur la liquidit\u00e9 des gouvernements provinciaux","slug":"RP-2021-013-S--provincial-government-liquidity-outlook--perspectives-liquidite-gouvernements-provinciaux","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-013-S--provincial-government-liquidity-outlook--perspectives-liquidite-gouvernements-provinciaux","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-013-S--provincial-government-liquidity-outlook--perspectives-liquidite-gouvernements-provinciaux"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-013-S--provincial-government-liquidity-outlook--perspectives-liquidite-gouvernements-provinciaux","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-013-S--provincial-government-liquidity-outlook--perspectives-liquidite-gouvernements-provinciaux"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/796050fa8f2fba167ad0000ed03d54eab3b360b3f4de56edc1d53c2a7e9c8ef7"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/01688df19a51a6d440dc6e9729278c2045384d12e21d29541cf97bd64fecc3a9"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a266bae561ef46956530dfab5c4ec8070ba33ca1","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/fe108fec52c1c88089324f848003b94e3c437b1a","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/08d583946a7ea8ab73f70aea04d476e391b63703","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/59445aea3ca1a7e2a8567fe2cb769d36b3990fd8","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8bcc415232e9564456e966c9d31b0affebbcc1a5","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/30f51b7d79319c502ef29c2cc0d7740535dc0b11","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a36676889cf81ee857068b500eb7ddae9bffe7d2","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2888399f966d39a9a2acac45d81acace9c9a242d"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4e95950a27a583a2a4475783fccab4083fa9cc85","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0e035549031b777ddce6e84c47a3297895809985","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/0dda389eb4a811f62ffcd2b8e5528a4b2dca82e6","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/61328f57d10e1b58c65f27634fce0be0431bbeca","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/918a59511270821756e502b77df474ab4d7ca761","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/812ce3dbc7306396353f90be3c79475ab6d7bb39","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/e75c86b402cb0d08ac9511eba5f2fb246c90e5d2","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ef2e5ee76d9627b724bf6805fb1b27aac92c1db5"}}},"metadata":{"abstract_en":"Economic uncertainties generated by the public health response to COVID 19 and record low oil prices have disrupted financial markets. \nBeginning in March, there was an abrupt global flight to cash, which began to constrain credit access for provincial governments, among other Canadian issuers of debt. Soon after, the Bank of Canada intervened to directly support liquidity in provincial governments\u2019 funding markets by buying short-term and long-term debt, and by purchasing provincial debt on a temporary basis using term repurchase operations.\nThe purpose of this report is to address questions from several parliamentarians about potential uptake of the new Bank of Canada (the Bank) provincial liquidity-support programs.\nThe Bank\u2019s liquidity support programs are designed to address temporary financing challenges. Overall, PBO estimates that provincial governments will have liquidity requirements of at least $195 billion by the end of 2021. This accounts for $67 billion in COVID-related provincial spending, $119 billion of provincial debt that must be refinanced in 2020 or 2021, and $9 billion in planned deficits (pre-COVID-19).\nOn 31 May, the Bank held $59 billion in provincial debt.\nRelative to their provincial economies, the governments of Manitoba and Newfoundland and Labrador have the largest estimated liquidity needs until 2021.\nLong-term fiscal sustainability for provincial governments is determined by structural factors and would not be meaningfully affected by these liquidity-support programs.","abstract_fr":"L\u2019incertitude \u00e9conomique engendr\u00e9e par la r\u00e9ponse de la sant\u00e9 publique \u00e0 la COVID-19 et la chute sans pr\u00e9c\u00e9dent des prix du p\u00e9trole a perturb\u00e9 les march\u00e9s financiers.\nD\u00e8s le mois de mars, une ru\u00e9e mondiale vers la liquidit\u00e9 a subitement limit\u00e9 l\u2019acc\u00e8s au cr\u00e9dit des gouvernements provinciaux, entre autres \u00e9metteurs de dette canadiens. Peu de temps apr\u00e8s, la Banque du Canada intervenait pour soutenir directement les march\u00e9s de financement des provinces en achetant des titres de cr\u00e9ance \u00e0 court et \u00e0 long terme, et en acqu\u00e9rant temporairement la dette des provinces au moyen d\u2019op\u00e9rations de prise en pension \u00e0 plus d\u2019un jour.\nLe pr\u00e9sent rapport a pour objectif de r\u00e9pondre aux questions de plusieurs parlementaires concernant l\u2019\u00e9ventuelle adoption de nouveaux programmes de soutien \u00e0 la liquidit\u00e9 des provinces par la Banque du Canada (la Banque).\nLes programmes de soutien \u00e0 la liquidit\u00e9 de la Banque sont con\u00e7us pour r\u00e9pondre \u00e0 des probl\u00e8mes financiers temporaires. Dans l\u2019ensemble, le DPB estime que les gouvernements provinciaux auront besoin de liquidit\u00e9s de l\u2019ordre d\u2019au moins 195 milliards de dollars d\u2019ici la fin de 2021. Cette somme tient compte des d\u00e9penses provinciales li\u00e9es \u00e0 la COVID-19 totalisant 67 milliards de dollars, de la dette des provinces de 119 milliards de dollars qui doit \u00eatre refinanc\u00e9e en 2020 ou en 2021, et des d\u00e9ficits pr\u00e9vus de 9 milliards de dollars (avant la pand\u00e9mie).\nEn date du 31 mai 2020, la dette des provinces d\u00e9tenue par la Banque s\u2019\u00e9levait \u00e0 59 milliards de dollars.\nEn ce qui a trait aux \u00e9conomies des provinces, les gouvernements du Manitoba et de Terre-Neuve-et-Labrador sont ceux qui, selon les estimations, auront le plus besoin de liquidit\u00e9s jusqu\u2019en 2021.\nLa viabilit\u00e9 budg\u00e9taire \u00e0 long terme des gouvernements provinciaux est d\u00e9termin\u00e9e par des facteurs structurels, et celle-ci ne serait pas grandement touch\u00e9e par ces programmes de soutien \u00e0 la liquidit\u00e9.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021013S,\n author={MacPhee, Sarah and Liberge-Simard, Rapha\\\u0022{e}l},\n title={Provincial Government Liquidity Outlook},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2021013S,\n author={MacPhee, Sarah and Liberge-Simard, Rapha\\\u0022{e}l},\n title={Perspectives sur la liquidit\\\u0027{e} des gouvernements provinciaux},\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, Rapha\\\u0022{e}l and MacPhee, Sarah and Mohamed Ahmed, Salma and Nicol, Caroline and Wodrich, Nigel},\n title={Scenario Analysis Update: COVID-19 Pandemic and Oil Price Shocks},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-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, Rapha\\\u0022{e}l and MacPhee, Sarah and Mohamed Ahmed, Salma and Nicol, Caroline and Wodrich, Nigel},\n title={Mise \\`{a} jour de l\u2019analyse de sc\\\u0027{e}nario : chocs dus \\`{a} la pand\\\u0027{e}mie de la COVID-19 et \\`{a} la chute des prix du p\\\u0027{e}trole},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-2021-008-S","is_published":"2021-01-26T20:16:02.000000Z","release_date":"2020-06-17T04:00:00.000000Z","updated_at":"2021-07-20T19:19:10.000000Z","type":"RP","internal_id":"RP-2021-008-S","title_en":"Update on the Investing in Canada Plan","title_fr":"Le point sur le plan Investir dans le Canada","slug":"RP-2021-008-S--update-investing-in-canada-plan--point-plan-investir-dans-canada","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-008-S--update-investing-in-canada-plan--point-plan-investir-dans-canada","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-2021-008-S--update-investing-in-canada-plan--point-plan-investir-dans-canada"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-008-S--update-investing-in-canada-plan--point-plan-investir-dans-canada","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-2021-008-S--update-investing-in-canada-plan--point-plan-investir-dans-canada"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/4cd223efd77099a37901d62eb92b265782ee992a39e015a6542014725e8f6abb"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/7934f9c68cabd0d3e8257150211da661e8a532d6460c90868652901b017ec994"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/cbd7c07fedbab317cb9f5b1c681e510be61a0dc2","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/16fad4969c0139027351644d98023a2500bc89a5","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1ca0201ebd1dade2cbe1d3397773dd030dddfcdb","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4782029824b4b633584715f85776ac53b925caff","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d5d301c9dec2d6b494a40a120b7d5f1e37ba97b9","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c87581d44b052094846ee892fd1cf7a2a7f76d6e","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4e04395f7c2faafc9b9292f317ee4926d124644b","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ac2b1f868619b399d8536f834936899bff25ca44"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/c7dc244884b75cffd1153df1610d57f2d9457930","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/adee3da8b53214e960845728aabaaa949fd32843","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/d5b78a33d317d938bd8c41a766a17dc01b5b9777","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5f949f4143b3444e391a93c5b33d7995497bfee2","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2837be1332cf2fce52c051f29abbfb87247e19e9","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/bf6cf58be50ed6b6322b99801450b36c6b69a2e7","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/21a39c031bb1b9741df437ed96048a5d3daef683","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a70bb207b6b839a06850d3dc6297b16d0ab2588b"}}},"metadata":{"abstract_en":"In response to interest from parliamentarians, the Parliamentary Budget Officer (PBO) updated its monitoring of the Investing in Canada Plan (IICP). Under the IICP, the Government has committed to spend $187.8 billion over 2016-17 to 2027-28.\n\nThe PBO solicited data from all 20 departments and agencies responsible for delivering IICP programming. Working with Infrastructure Canada, we compiled a data set of 33,112 entries for projects with $34.9 billion in spending since 2016-17.","abstract_fr":"En r\u00e9ponse \u00e0 l\u2019int\u00e9r\u00eat exprim\u00e9 par les parlementaires, le directeur parlementaire du budget (DPB) a mis \u00e0 jour son suivi du plan Investir dans le Canada (PIC). Dans le cadre du PIC, le gouvernement s\u2019est engag\u00e9 \u00e0 d\u00e9penser 187,8 milliards de dollars sur une p\u00e9riode allant de 2016-2017 \u00e0 2027-2028.\n\nLe DPB a recueilli des donn\u00e9es aupr\u00e8s des 20 minist\u00e8res et organismes responsables de la mise en \u0153uvre des programmes du PIC. En collaboration avec Infrastructure Canada, nous avons compil\u00e9 un ensemble de donn\u00e9es de 33\u2009112 entr\u00e9es pour des projets repr\u00e9sentant 34,9 milliards de dollars de d\u00e9penses depuis 2016-2017 .","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021008S,\n author={Nahornick, Nora and MacPhee, Sarah and Nicol, Caroline},\n title={Update on the Investing in Canada Plan},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2021008S,\n author={Nahornick, Nora and MacPhee, Sarah and Nicol, Caroline},\n title={Le point sur le plan Investir dans le Canada},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} 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report provides an updated scenario analysis that incorporates a revised economic scenario and new federal measures announced up to and including April 24, as well as updated estimates of previously announced measures.","abstract_fr":"Le pr\u00e9sent rapport fournit une mise \u00e0 jour de l\u2019analyse de sc\u00e9nario. Il comprend un sc\u00e9nario \u00e9conomique r\u00e9vis\u00e9 et des estimations de co\u00fbts mises \u00e0 jour pour les mesures annonc\u00e9es pr\u00e9c\u00e9demment. De plus, il tient compte des nouvelles mesures f\u00e9d\u00e9rales annonc\u00e9es jusqu\u2019au 24 avril inclusivement.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP2021005S,\n author={Grinshpoon, Kristina and Nicol, Caroline and Scholz, Tim and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Devakos, Tessa and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Mohamed Ahmed, Salma and Wodrich, Nigel},\n title={Scenario Analysis Update: COVID-19 Pandemic and Oil Price Shocks},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP2021005S,\n author={Grinshpoon, Kristina and Nicol, Caroline and Scholz, Tim and Behrend, Robert and Bergeron, \\\u0027{E}tienne and Devakos, Tessa and Forsyth, Jamie and Giswold, Jill and Liberge-Simard, Rapha\\\u0022{e}l and MacPhee, Sarah and Mohamed Ahmed, Salma and Wodrich, Nigel},\n title={Mise \\`{a} jour de l\u2019analyse de sc\\\u0027{e}nario : chocs dus \\`{a} la pand\\\u0027{e}mie de la COVID-19 et \\`{a} la chute des prix du p\\\u0027{e}trole},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"LEG-2021-007-S","is_published":"2021-05-12T18:06:06.000000Z","release_date":"2020-04-09T13:00:00.000000Z","updated_at":"2021-05-12T18:07:05.000000Z","type":"LEG","internal_id":"LEG-2021-007-S","title_en":"Financial support for Canada\u2019s Air Transportation Sector","title_fr":"Soutien financier pour le secteur du transport a\u00e9rien du 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rents paid on ground leases for the 21 airport authorities that form part of the National Airport System and for PortsToronto which operates Billy Bishop Toronto City Airport for March 2020 through December 2020. Waiving rents paid on ground leases for the 21 airport authorities that form part of the National Airport System and for PortsToronto which operates Billy Bishop Toronto City Airport for March 2020 through December 2020.","abstract_fr":"Le gouvernement renonce aux loyers pay\u00e9s sur les baux fonciers pour les 21 administrations a\u00e9roportuaires qui forment une partie du R\u00e9seau national des a\u00e9roports et pour PortsToronto, qui exploite l\u2019A\u00e9roport Billy-Bishop de Toronto, pour les mois de mars 2020 \u00e0 d\u00e9cembre 2020. Le DPB estime le co\u00fbt net total de cette mesure \u00e0 119 millions de dollars. L\u2019horizon temporel de cette \u00e9valuation des co\u00fbts est align\u00e9 sur le sc\u00e9nario \u00e9conomique et fiscal du DPB, bien qu\u2019il puisse y avoir des impacts fiscaux potentiels pour les ann\u00e9es suivantes.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-LEG2021007S,\n author={MacPhee, Sarah},\n title={Financial support for Canada\u2019s Air Transportation Sector},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-LEG2021007S,\n author={MacPhee, Sarah},\n title={Soutien financier pour le secteur du transport a\\\u0027{e}rien du Canada},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-1920-033-S","is_published":"2021-08-16T16:22:05.000000Z","release_date":"2020-03-27T13:00:00.000000Z","updated_at":"2021-10-29T17:38:09.000000Z","type":"RP","internal_id":"RP-1920-033-S","title_en":"Scenario Analysis: COVID-19 Pandemic and Oil Price Shocks","title_fr":"Analyse de sc\u00e9nario : chocs dus \u00e0 la pand\u00e9mie de la COVID-19 et \u00e0 la chute des prix du p\u00e9trole","slug":"RP-1920-033-S--scenario-analysis-covid-19-pandemic-oil-price-shocks--analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-1920-033-S--scenario-analysis-covid-19-pandemic-oil-price-shocks--analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-1920-033-S--scenario-analysis-covid-19-pandemic-oil-price-shocks--analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-1920-033-S--scenario-analysis-covid-19-pandemic-oil-price-shocks--analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-1920-033-S--scenario-analysis-covid-19-pandemic-oil-price-shocks--analyse-scenario-chocs-dus-pandemie-covid-19-chute-prix-petrole"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/e5fb85d35b55745a32a251ea1d899e238bd60756a8d0988790cdf04a403556d1"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/6c855322056c35206c7db49090b4ac6a11501bfef020688a3a4eddf1371e85c0"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/27ad35f229725585df81e11775d79589aec3c3d356f7c389671ef66d64474b17","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5b54921f3fe664f78155d1d405fa40915b6b1dcf3ffbd379da70af196d0ae330","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1d184f5eb4e850c5c55f7e961d45cc00c7bc90cb68f184889fd18a7da48e1185","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1d5b4bf8e9727662ee5f1e9105cd75275eab6c3aff72dd054afaf073ef5e715e","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/500bba7fd764409b754519e7090d908c13542568c3ba420d2a240cd892a31440","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/12ee63336eafc3220ccf16375feb89f1bd03feb51688f5edd4de7d92d4061f3b","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/346680eecc32cf2b8ce730032cc236a2dc0927b06731eb3b496d4dbcf0f2f7e2","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/615f1ee7a4c5daadeff8c89961d4920aa5dddf914e4379390eb52abf09c13db1"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/509cca6b04822adeca381ff59ef23817c5bba55caf29b8a12bdc623522eb0607","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/87b9bfb9d4eded2010992b8d3615a8233f02f9343238f8cd178245e4503b2274","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a7626f980dd3b8dd956e04989058a90e5d9ae29a141fd1d99d1ebcc80ebe3a48","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/39ab2300377061feca191aaf12cb825b20c7ef3f8de7cb50e60d6fa3c95b5ff7","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ce71cfb8a2af718e633e371979dbb8c476829fbef7b158a71c45ab119fd71b77","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/99c639ca2c734081a13345242a962f344bcaa06aeeccad0f8b26d644f9f1e349","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/94eb274b73fcf3790e0f6dbc8e24ae0eec073076409eacc4b22f35727049c3dd","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a223b8781d7f2cea853ed56670989cd1d5a6db3d4931f1b35278740323dfef78"}}},"metadata":{"abstract_en":"This report provides a scenario analysis to help parliamentarians gauge potential economic and fiscal implications of the COVID-19 pandemic and recent oil market developments. This report incorporates data available up to and including 23 March 2020. Unless otherwise specified, all rates are reported at annual rates.","abstract_fr":"Le pr\u00e9sent rapport propose une analyse 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. Ce rapport comprend les donn\u00e9es disponibles en date du 23 mars 2020. 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p\\\u0027{e}trole},\n institution={Bureau du directeur parlementaire du budget},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-1920-029","is_published":"2021-08-06T20:31:44.000000Z","release_date":"2020-02-27T14:00:00.000000Z","updated_at":"2021-08-06T20:35:30.000000Z","type":"RP","internal_id":"RP-1920-029","title_en":"Fiscal Sustainability Report 2020","title_fr":"Rapport sur la viabilit\u00e9 financi\u00e8re de 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report provides PBO\u2019s assessment of the sustainability of government finances over the long term for the federal government, subnational governments and public pension plans.","abstract_fr":"Dans le rapport qui suit, le DPB pr\u00e9sente son \u00e9valuation de la viabilit\u00e9 financi\u00e8re \u00e0 long terme du gouvernement f\u00e9d\u00e9ral, des administrations infranationales et des r\u00e9gimes de retraite g\u00e9n\u00e9raux.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP1920029,\n author={Busby, Carleigh and MacPhee, Sarah and Scholz, Tim and Worswick, Aidan and Mohamed Ahmed, Salma and Nicol, Caroline and Sourang, Diarra},\n title={Fiscal Sustainability Report 2020},\n institution={The Office of the Parliamentary Budget Officer},\n year=2020,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP1920029,\n author={Busby, Carleigh and MacPhee, Sarah and Scholz, Tim and Worswick, Aidan and Mohamed Ahmed, Salma and Nicol, Caroline and Sourang, 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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 Scholz, Tim and Sourang, Diarra and Wodrich, Nigel},\n title={Perspectives \\\u0027{e}conomiques et financi\\`{e}res - Novembre 2019},\n institution={Bureau du directeur parlementaire du budget},\n year=2019,\n \n address = \u0022Ottawa, ON\u0022\n}"}} {"id":"RP-1920-021","is_published":"2021-08-06T16:11:04.000000Z","release_date":"2019-06-21T13:00:00.000000Z","updated_at":"2021-08-06T16:12:46.000000Z","type":"RP","internal_id":"RP-1920-021","title_en":"The Cost of Canada\u2019s Surface Combatants: 2019 Update","title_fr":"Le co\u00fbt des navires de combat canadiens : Mise \u00e0 jour de 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report provides a description of the PBO model and an estimate of the revenues and expenses associated with the direct loans regime of Canada Student Loans Program (CSLP).","abstract_fr":"Ce rapport comprend une description du mod\u00e8le du DPB ainsi qu\u2019une \u00e9valuation des recettes et des d\u00e9penses relatives au r\u00e9gime du pr\u00eat direct du Programme canadien de pr\u00eats aux \u00e9tudiants (PCPE).","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP1920005,\n author={Behrend, Robert and MacPhee, Sarah},\n title={Projecting the Revenues and Expenses of Canada Student Loans Program},\n institution={The Office of the Parliamentary Budget Officer},\n year=2019,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP1920005,\n author={Behrend, Robert and MacPhee, Sarah},\n title={Projection des recettes et des d\\\u0027{e}penses relatives au Programme canadien de pr\\^{e}ts aux \\\u0027{e}tudiants},\n institution={Bureau du directeur 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3-1","slug":"RP-1819-396--infrastructure-update-investments-in-provinces-municipalities-revised-table-3-1--mise-jour-infrastructure-investissements-dans-provinces-municipalites-revise-tableau-3-1","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-1819-396--infrastructure-update-investments-in-provinces-municipalities-revised-table-3-1--mise-jour-infrastructure-investissements-dans-provinces-municipalites-revise-tableau-3-1","preview":"https:\/\/www.pbo-dpb.ca\/en\/publications\/RP-1819-396--infrastructure-update-investments-in-provinces-municipalities-revised-table-3-1--mise-jour-infrastructure-investissements-dans-provinces-municipalites-revise-tableau-3-1"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-1819-396--infrastructure-update-investments-in-provinces-municipalities-revised-table-3-1--mise-jour-infrastructure-investissements-dans-provinces-municipalites-revise-tableau-3-1","preview":"https:\/\/www.pbo-dpb.ca\/fr\/publications\/RP-1819-396--infrastructure-update-investments-in-provinces-municipalities-revised-table-3-1--mise-jour-infrastructure-investissements-dans-provinces-municipalites-revise-tableau-3-1"}},"artifacts":{"main":{"en":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/7182efee0df4b9dffab4930ad287ca249f7d6082c8bd629d38ea27b8f7457872"},"fr":{"public":"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/96b127dde03fed41d0af7dbe9771d116ad767ac74e4b028e2220a3d544ffaf0e"}}},"coverpages":{"distribution":{"fr":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/1b2d2c1b40a65c144db89dd1295dc4400c4726690632b70af6aff680dc7ccfdf","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/970169c77ee8b441fcefd1fee5f6eed0f05da2c27900f09716c2e73e919a3346","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/ea126b4edec11ebd95ca599aaa5db73a4a0a040ddcd3f9302c0de05bd8b32206","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/f1140eb4da398c97f5c3409f61fd7b2d6ee4e01d223b14465b4a3c99ec80ef3d","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/88d57fdf2c7ab250584edead9a855766cd29c478c690c4c8380bdd8fa96f9ee5","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/906e7943654fb244efdbe0d033c3fb0243a3583819e8b17a16c1934ad1de2152","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/86cf14c22534e40dc66ec24ba2aecbc431b33056e89f2de34ff5fd379fafb411","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/2d92724b1d1ef892de7bf390a40b313e37efccb0174dea4abf122450d3bf90e1"},"en":{"small":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8bc6255fb034cdbf5b657213469bf0c2c7d9a9337cf14f7823218fb48576cde8","large":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/8406a3509000d486c8fac76d6f0a4eacd77ff8d24a9cbe4f2d94adeff69410d4","h150_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4a07f3fc33dff73e132fdc96c6f223c0a9fcb8eb057c1289208d7f3c82ce0d47","h150_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/60058c9b494de59d87c8f1ec2751e70fb6fcada0f858ba5ccb7fb52795f56fd4","h300_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/4f48186077c28707c224182117249bbea6a849ea1168b0f40abfbb6068176dab","h300_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5deb088650863115e612a7c86a20ec85bcaeef2345b698584a3c8b1c28dbde41","h600_png_optimized":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/a59c7b41270b70381588b33bdc6cd58cb8533ecfea52cb2584d3a723db6b2a72","h600_webp":"https:\/\/distribution-i696d61676573.pbo-dpb.ca\/5ce0bf61d45bbf1e1fd44f760e6ec244dcc4e2376c74da5643e59c6a06385963"}}},"metadata":{"abstract_en":"The report examines infrastructure investments made by provinces and some municipalities with the objective to identify the incremental impact of federal infrastructure funding on provincial and municipal capital investment.","abstract_fr":"Le rapport examine les investissements en immobilisations des provinces et de certaines municipalit\u00e9s afin d\u2019estimer l\u2019impact diff\u00e9rentiel du financement f\u00e9d\u00e9ral pour les infrastructures sur les d\u00e9penses en immobilisations provinciales et municipales.","highlights":null},"bills":[],"bibtex":{"en":"@techreport{PBO-RP1819396,\n author={Sourang, Diarra and MacPhee, Sarah},\n title={Infrastructure Update: Investments in Provinces and Municipalities - Revised: Table 3-1},\n institution={The Office of the Parliamentary Budget Officer},\n year=2019,\n \n address = \u0022Ottawa, ON\u0022\n}","fr":"@techreport{DPB-RP1819396,\n author={Sourang, Diarra and MacPhee, Sarah},\n title={Mise \\`{a} jour sur l\u0027infrastructure : Investissements dans les provinces et les municipalit\\\u0027{e}s - R\\\u0027{e}vis\\\u0027{e} :Tableau 3-1},\n institution={Bureau du directeur parlementaire du budget},\n year=2019,\n \n address = \u0022Ottawa, ON\u0022\n}"}}