Kevin Page, the Parliamentary Budget Officer and the Conservative government of Stephen Harper face a showdown. Page gave officials in 56 departments until this Wednesday to provide him with information about cuts and savings in the budget.
Today Canada's chief economist released revised estimates of the sustainability of Canada's OAS (Old Age Security) and GIS (Guaranteed Income Supplement) pensions, based upon the change in CHT payments which after 2016-17 will be tied to the GDP.
An in-depth analysis of Canada's fiscal structure shows the system is not sustainable said Canada's Parliamentary Budget Officer, Kevin Page. Prime Minister Stephen Harper appointed Page to ensure government accountability.
Parliament Budget Officer, Kevin Page, went public with talking points from his report on Canada's deficit, which is scheduled for release on Wednesday. Page asserts that at present, Canada has no plan to deal with the deficit.