Proposed Conservative parental tax credit would cost $600M or more: PBO

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Conservative Leader Andrew Scheer's proposed tax credit for parents would cost the federal government over $600 million dollars in lost revenues in the first year — and this could go even higher, says a new report by the federal budget watchdog.
The parliamentary budget office report released Thursday said Bill C-394, which would offer a tax credit for those on parental leave, would result in foregone revenues of $607.6 million in 2018-19.