Canada Government Budget Value  1985-2017 | Data | Chart | Calendar

Canada's government budget deficit increased to CAD 10.4 billion in March 2017 from CAD 9.4 billion surplus in the same month a year earlier. Revenues increased by CAD 1.0 billion, or 4.2 percent, on higher tax revenues, while program expenses increased by a faster CAD 1.7 billion, or 5.3 percent, reflecting increases in major transfers to persons and other levels of government and direct program expenses. Public debt charges increased by CAD 0.3 billion, or 14.2 percent, reflecting higher Consumer Price Index adjustments on Real Return Bonds. For the 2016–17 fiscal year, the government budget deficit widened sharply to CAD 21.8 billion from CAD 2.0 billion reported in the previous year, as program expenses jumped, partly due to a revamped children's benefit. Government Budget Value in Canada averaged -988.50 CAD Million from 1985 until 2017, reaching an all time high of 5770 CAD Million in February of 2005 and a record low of -10388 CAD Million in March of 2017.

Canada Government Budget Value
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-23 01:55 PM Jan C$1.2B C$-1.3B C$ -1.9B
2017-04-28 03:00 PM Feb C$1.29B C$1.2B C$ -1.8B
2017-05-26 03:00 PM Mar C$-10.39B C$1.29B C$ -1.4B
2017-06-28 03:00 PM Apr C$-10.39B C$ 0.5B
2017-07-28 03:00 PM May C$ -1.2B
2017-08-25 03:00 PM Jun C$ -1.6B




Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 91.50 86.20 101.70 66.50 percent [+]
Government Budget 0.10 -0.30 5.10 -8.30 percent of GDP [+]
Government Budget Value -10388.00 1293.00 5770.00 -10388.00 CAD Million [+]
Government Spending 351614.00 349753.00 351614.00 60608.00 CAD Million [+]
Government Revenues 25113.00 26271.00 29099.00 3384.00 CAD Million [+]
Fiscal Expenditure 33158.00 23283.00 33158.00 5565.00 CAD Million [+]
Military Expenditure 17209.90 17853.70 21403.80 13775.00 USD Million [+]
Credit Rating 98.74 [+]
Asylum Applications 2409.00 2572.00 4339.00 661.00 Persons [+]


Canada Government Budget Value Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-10388.00 1293.00 5770.00 -10388.00 1985 - 2017 CAD Million Monthly
Current Prices, NSA



government budget value by Country

Last
Australia 7831.00 Apr/17
Brazil -15422.53 Apr/17
Canada -10388.00 Mar/17
China -44.00 Apr/17
France -29.60 Mar/17
Germany -5.10 Sep/16
India -6056.14 Feb/17
Indonesia -305229.70 Dec/16
Italy -11.09 Mar/17
Japan -44416.00 Dec/16
Mexico 340612.40 Mar/17
Netherlands 15.90 Mar/17
Russia -511.09 Apr/17
South Korea -3918.00 Mar/17
Spain -5659.00 Mar/17
Switzerland 1323.00 Dec/17
Turkey -2.96 Apr/17
United Kingdom -6705.00 Apr/17
United States 182428.00 Apr/17