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Will the Canadian government face legal action due to the $10B climate tax credits underestimation by end of 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Court filings and legal announcements
Story
PBO Reports Cabinet's $10B Underestimation in Climate Tax Credits
Jul 4, 2024, 02:50 PM
The Parliamentary Budget Office (PBO) has reported a significant underestimation in the cost of climate tax credits by the Canadian government. The actual expenses are projected to be $10 billion higher than what was estimated in Budget 2024. This discrepancy was identified by PBO analysts who uncovered an error in the calculation of the expenses. Cabinet underreported the cost of 'clean electricity' and other climate tax credits.
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No • 50%
Yes • 50%
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Deferred • 25%
Canada • 25%
Mexico • 25%
U.S. State Government • 25%
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$1 billion to $10 billion • 25%
$10 billion to $100 billion • 25%
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