The Congressional Budget Office (CBO) has estimated the potential financial impact of renaming Lake Ontario, citing the Gulf of Mexico as a previous precedent. The report, released by the U.S. Agency, outlines the administrative and logistical costs associated with changing the name of a major body of water. While the exact figure for Lake Ontario remains unspecified, the CBO suggests the process could involve significant expenses related to updating official records, signage, and international agreements. The analysis comes amid growing discussions about the renaming of geographical features to reflect Indigenous names or historical accuracy. The CBO's findings highlight the complexity of such a task, emphasizing that renaming a lake is not a simple administrative change. The report also notes that the cost could vary depending on the scope of the renaming effort and the level of international cooperation required.