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Liberals underestimating cost of changes to low-income workers’ tax benefit by $1-billion: PBO

By Jolson Lim      

The fiscal watchdog estimates $1.4-billion more in costs from new measures in the 2018 federal budget over the next five years, beyond the government's own projections.

Finance Minister Bill Morneau and Prime Minister Justin Trudeau hold copies of the 2018 budget in the House foyer, before they enter the House chamber for Mr. Morneau to table the document on Feb. 27. The Hill Times photograph by Sam Garcia

A new report from the office of the parliamentary budget officer suggests the federal government is underestimating the cost of proposed changes to its highly touted Working Income Tax Benefit program by more than $1-billion over the next five years.

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