The parliamentary budget watchdog is welcoming the Liberal government’s decision to shift the release of its budgets to the fall from now on, but says its new definition of capital spending is “overly expansive.”
Interim Parliamentary Budget Officer (PBO) Jason Jacques summarized his “initial observations” on Ottawa’s new budgetary framework in an Oct. 7 report. The PBO welcomes moving the federal budget release date to the fall, ahead of the new fiscal year, the report says.