The parliamentary budget officer says an eligible first-time homebuyer would save an average of $26,832 in sales tax on the ...

The government is proposing to cut its 5-per-cent GST entirely for first-time buyers that are purchasing a new or ...

The parliamentary budget officer says Ottawa’s plan to slash the sales tax on housing would save an eligible first-time homebuyer an average of roughly $27,000 off the price of a newly built home. The ...

The Canada Disability Benefit (CDB), which will start dispersing funds next month, will cost the federal government $6.5 ...

The prime minister has also committed to meet the NATO target of spending 2 per cent of GDP on defence. In his campaign platform, Carney promised more than $30.9 billion in defence-related spending ...

Dublin accounted for more than half the income tax and VAT receipts collected by Government last year while more than half of ...

But the PBO's estimate of the plan's total cost is substantially lower than the federal government's estimate, and ministers responsible for the file have not offered an explanation for the gap. In a ...

Neither are investors. The PBO forecasts the program will cost $1.9 billion over six years, while the federal government has pegged the "tax savings" for Canadians at $3.9 billion over five years.

The PBO forecasts the program will cost $1.9 billion over six years, while the federal government has pegged the price tag closer to $3.9 billion.

But the PBO’s estimate of the plan’s total cost is substantially lower than the federal government’s estimate, and ministers responsible for the file have not offered an explanation for the gap.