Why Ignoring the Parliamentary Budget Officer Puts Canada at Risk

Shondell Sabad

 

 

 

 

 

 

BY SHONDELL SABAD, SENIOR STRATEGIC ADVISOR AT THE ALBERTA ENTERPRISE GROUP

The Hub’s latest analysis highlights a serious warning: the Parliamentary Budget Officer (PBO) has identified a $94-billion gap in the federal government’s investment plan and a major shortfall in its operating balance.

The PBO exists to provide independent, non-partisan analysis, a reality check against overly optimistic assumptions. When governments downplay their findings, confidence erodes.

Businesses face more uncertainty, capital becomes cautious, and Canada’s competitiveness suffers.  This report highlights what many of us know, more fiscal irresponsibility will only put Canadians further and further behind. 

For Alberta’s SMEs and job creators, predictable fiscal policy is not a luxury, it’s essential. Ignoring the PBO doesn’t make the risks disappear; it simply makes them harder to see.

At AEG, we believe transparency and fiscal discipline are critical to attracting investment and supporting a strong, resilient economy. Canadians need to start listening again.

Link to article:
Carney’s budget has a $94 billion gap in investment spending and a shortfall in government operating balance: PBO