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.