Parliamentary Budget Officer
Encyclopedia
The Parliamentary Budget Officer (PBO) was established in 2006 and is mandated by the Parliament of Canada
Parliament of Canada
The Parliament of Canada is the federal legislative branch of Canada, seated at Parliament Hill in the national capital, Ottawa. Formally, the body consists of the Canadian monarch—represented by her governor general—the Senate, and the House of Commons, each element having its own officers and...

 Act
to provide independent analysis to the Senate and House of Commons on the state of Canada's finances, the government’s estimates and trends in the national economy. It was one of the Independent Oversight Offices created as part of the Federal Accountability Act
Federal Accountability Act
The Federal Accountability Act is a statute introduced as Bill C-2 in the first session of the 39th Canadian Parliament on April 11, 2006, by the President of the Treasury Board, John Baird...

. The officer is an independent officer of the Library of Parliament
Library of Parliament
The Library of Parliament is the main information repository and research resource for the Parliament of Canada...

 who reports to the Speakers
Speaker (politics)
The term speaker is a title often given to the presiding officer of a deliberative assembly, especially a legislative body. The speaker's official role is to moderate debate, make rulings on procedure, announce the results of votes, and the like. The speaker decides who may speak and has the...

 of both chambers.

The Parliamentary Budget Officer's responsibilities include providing an independent analysis of the state of the economy, the nation's finances and the government's expenditure plan and an analysis of the expenditure estimates of any government department or agency when requested to do so by a Parliamentary committee that is reviewing those estimates. The officer is also mandated to provide an estimate of costs for any proposal that falls within the jurisdiction of the Parliament of Canada.

See also

  • Congressional Budget Office
    Congressional Budget Office
    The Congressional Budget Office is a federal agency within the legislative branch of the United States government that provides economic data to Congress....

     (United States)
  • Office for Budget Responsibility
    Office for Budget Responsibility
    The Office for Budget Responsibility provides independent economic forecasts as background to the preparation of the UK budget. It was formally created in May 2010 following the general election, although it had previously been constituted in shadow form by the Conservative party opposition in...

    (United Kingdom)

External links


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