The Parliamentary Budget Officer
Yves Giroux was appointed Parliamentary Budget Officer on September 4, 2018.Mr. Giroux entered the federal public service in 1995. Over the course of his 23-year career, he assumed progressively senior level positions and increased responsibilities, joining the executive ranks in 2003.Mr. Giroux has in-depth tax, fiscal and financial, and social policy knowledge and expertise, and considerable experience with stakeholder relations, and the management of large teams and multi-million dollar budgets. For more than 20 years, he has been closely involved in the federal Budget process in various capacities and is highly regarded as an expert on federal budget making and the Government’s expenditure system.Since 2015, Mr. Giroux has been serving as Assistant Commissioner and Chief Data Officer, Strategy and Integration Branch, with the Canada Revenue Agency. Prior to this, he was Director, Operations, Liaison Secretariat for Macroeconomic Policy at the Privy Council Office, for four years. From 2005 to 2011, he served as Director and Senior Chief, Social Policy Division, Finance Canada.Mr. Giroux is a graduate of the Université de Montreal, where he earned a Master’s and a Bachelor degree, both in Economics. He is married with two children: an adult daughter and a teenage son.
Costing a Guaranteed Basic Income During the COVID Pandemic
7 July 2020
Posted by: PBO | DPB
Posted in: Reports
Published: July 7, 2020
Abstract
This report responds to a request from Senator Yuen Pau Woo to estimate the post-COVID cost of a guaranteed basic income (GBI) program, using parameters set out in Ontario’s basic income pilot project. PBO presents three estimates based on scenarios that phase-out the benefit by $0.50, $0.25 and $0.15 for each dollar of employment income for the last six months of 2020-21. Also, this report considers the provincial breakdown of the GBI cost. The total estimated gross cost of the defined GBI would range between $47.5 billion and $98.1 billion based on the three scenarios for the six-month period from October 2020 to March 2021. In addition, the report provides an estimate of the federal and provincial programs for low-income individuals and families, including many non-refundable and refundable tax credits that could be replaced by the GBI program. PBO estimates the potential offsets from repealing these measures would be just over $15 billion for the same period.