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

Canada's government posted a budget deficit of CAD 2.6 billion in August 2017, compared to a CAD 2.7 billion gap in the corresponding month of the previous year. Revenues declined by 0.6 percent from a year ago, due to decreases in income tax revenues, Employment Insurance (EI) premium revenues and other revenues. Meanwhile, program expenses fell 0.2 percent, as an increase in major transfers to other levels of government was more than offset by decreases in major transfers to persons and direct program expenses. Public debt charges decreased by CAD 0.2 billion, or 8.3 percent. In the period from April to August, the government recorded a deficit of CAD 2.7 billion, compared to a gap of CAD 5.4 billion in the year-ago period. Government Budget Value in Canada averaged -982.73 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 Actual Previous Consensus TEForecast
2017-08-25 03:00 PM Budget Balance C$0.02B C$0.38B C$ -1.6B
2017-09-29 03:00 PM Budget Balance C$-0.2B C$0.02B C$ -1.8B
2017-10-27 03:00 PM Budget Balance C$-2.6B C$-0.2B C$ -2.8B
2017-11-22 04:00 PM Budget Balance C$-2.6B C$ -2.6B
2017-12-22 04:00 PM Budget Balance C$ -1.7B


Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 92.30 91.60 100.60 45.30 percent [+]
Government Budget -0.90 0.00 5.10 -8.30 percent of GDP [+]
Government Budget Value -2587.00 -193.00 5770.00 -10388.00 CAD Million [+]
Government Spending 353717.00 351508.00 353717.00 80057.00 CAD Million [+]
Government Revenues 22762.00 26058.00 29099.00 3384.00 CAD Million [+]
Fiscal Expenditure 23335.00 24306.00 33158.00 5565.00 CAD Million [+]
Credit Rating 98.74 [+]
Military Expenditure 15504.70 15317.20 18717.20 3677.70 USD Million [+]
Asylum Applications 2409.00 2572.00 4339.00 661.00 Persons [+]


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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2587.00 -193.00 5770.00 -10388.00 1985 - 2017 CAD Million Monthly
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government budget value by Country
Country Last
Australia -9979.00 Sep/17
Brazil -53308.54 Sep/17
Canada -2587.00 Aug/17
China -118.80 Sep/17
France -76.26 Sep/17
Germany 9.83 Mar/17
India -4989.38 Sep/17
Indonesia -305229.70 Dec/16
Italy 2.90 Sep/17
Japan -99315.00 Jun/17
Mexico -42185.10 Sep/17
Netherlands -2.80 Jun/17
Russia -294.09 Oct/17
South Korea 17381.00 Aug/17
Spain -17028.00 Sep/17
Switzerland 1323.00 Dec/17
Turkey -3.35 Oct/17
United Kingdom -2736.00 Sep/17
United States -63214.00 Oct/17