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CBC Canada

PBO questions math on Carney government’s first budget

CBC Canada · 11 days ago
CBC Canada
CBC Canada
11 days ago

With MPs set to cast their vote on the Liberal budget next week, the interim parliamentary budget officer is suggesting there’s a less than 10 per cent chance it will stay within its deficit targets. Opposition Leader Pierre Poilievre has criticized the government's ‘phoney accounting.’

Breakdown
  • The Parliamentary Budget Officer questioned the government's budget math and its ability to meet deficit targets. 19s
  • The budget was criticized for blurring the lines between one-time capital costs and recurring operational spending. 27s
  • Both the Conservative Party and Bloc Québécois have stated they will vote against the budget, while the NDP is undecided and may abstain. 1m 1s
  • The Liberals need 172 votes to pass the budget but are currently two votes short, even with a recent floor-crossing MP. 2m 14s
  • The government could still pass the budget if enough opposition MPs abstain, avoiding blame for triggering an election. 2m 24s
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