Diarra Sourang at the Government Operations and Estimates Committee

September 25th, 2025 / 4:40 p.m.

Director, Economic Analysis, Office of the Parliamentary Budget Officer

The area where it has the biggest impact is nominal GDP, which is used as an approximation for the tax base of the federal government. We've revised our outlook for nominal GDP by approximately $13 billion annually between 2025 and 2030. That's the main impact.

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