Particle.news

Download on the App Store

Carney Names Jason Jacques Interim Parliamentary Budget Officer for Six Months

The temporary appointment positions the fiscal watchdog to deliver analysis for an expected October budget.

Overview

  • Prime Minister Mark Carney’s office says a permanent budget officer will not be in place before the fall budget.
  • The Prime Minister’s Office did not explain why the government opted for an interim appointment.
  • Jason Jacques, who begins Wednesday, previously led economic and fiscal analysis at the PBO and has served at the Privy Council Office, Finance Canada, the Treasury Board Secretariat and the Bank of Canada.
  • Yves Giroux’s seven-year term ended this week, and in a farewell note he pointed to the PBO’s top ranking in an OECD index of independent fiscal institutions.
  • A full seven-year appointment requires approval by the House of Commons and the Senate, and Finance Minister François-Philippe Champagne has targeted October for the 2025 budget without setting a date.