Canada's government budget surplus narrowed to CAD 0.96 billion in June 2019 from CAD 1.11 billion in the same month of the previous year. Revenues rose by CAD 0.9 billion, or 3.5 percent, to CAD 27.9 billion, mostly due to an increase in income tax revenues. Program expenses advanced by CAD 0.9 billion, or 3.9 percent, to CAD 24.7 billion, amid increases in major transfers to persons and other levels of government and direct program expenses. Public debt charges went up by CAD 0.2 billion, or 7.7 percent, reflecting higher Consumer Price Index adjustments on Real Return Bonds and a higher average effective interest rate on the stock of Treasury Bills. Government Budget Value in Canada averaged -993.90 CAD Million from 1985 until 2019, reaching an all time high of 5770 CAD Million in February of 2005 and a record low of -14900 CAD Million in March of 2019.

Canada Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 03:00 PM Budget Balance Mar C$-14.9B C$4.31B C$-5B
2019-07-26 03:00 PM Budget Balance Apr C$-2.1B C$-14.9B C$2.1B
2019-07-26 03:00 PM Budget Balance May C$0.71B C$-2.1B C$1B
2019-08-30 03:00 PM Budget Balance Jun C$0.96B C$0.71B C$1.2B
2019-09-27 03:00 PM Budget Balance Jul C$0.96B C$0.3B
2019-10-25 03:00 PM Budget Balance Aug
2019-11-29 04:00 PM Budget Balance Sep


Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 90.60 89.70 100.60 45.10 percent [+]
Government Budget -0.70 -0.90 5.10 -8.10 percent of GDP [+]
Government Budget Value 958.00 707.00 5770.00 -14900.00 CAD Million [+]
Government Spending 424534.00 421949.00 424534.00 91244.00 CAD Million [+]
Government Revenues 27859.00 27590.00 32040.00 3384.00 CAD Million [+]
Fiscal Expenditure 24733.00 24455.00 40708.00 5565.00 CAD Million [+]
Credit Rating 98.74 [+]
Military Expenditure 21352.00 21343.00 21352.00 3730.00 USD Million [+]
Asylum Applications 5187.00 4133.00 8695.00 661.00 Persons [+]
Government Debt 671.25 651.54 671.25 14.83 CAD Billion [+]


Canada Government Budget Value

The government budget balance is the difference between government revenues and expenses, excluding public debt charges. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Canada Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Government Budget Value - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
958.00 707.00 5770.00 -14900.00 1985 - 2019 CAD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 4292.80 Jul/19
Australia 13326.00 May/19
Brazil -30263.00 Jul/19
Canada 958.00 Jun/19
China 45.60 Jul/19
France -109.70 Jul/19
Germany 7.47 Mar/19
India -5476.05 Jul/19
Indonesia -259900.00 Dec/18
Italy -28.38 Jul/19
Japan -117024.00 Jun/19
Mexico -33152.20 Jul/19
Netherlands 17.00 Mar/19
Russia 2560.62 Aug/19
Saudi Arabia -135704.00 Dec/18
Singapore 761.60 Jul/19
South Africa -107881.00 Jul/19
South Korea -24289.00 Jul/19
Spain -13922.00 Jul/19
Switzerland 2176.00 Dec/19
Turkey 10138765.00 Jul/19
United Kingdom 2652.00 Jul/19
United States -200344.00 Aug/19


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