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

Canada's government posted a budget surplus of CAD 16 million in June 2017, compared to a shortfall of CAD 1,109 million in the corresponding month of the previous year. Revenues rose by 5.2 percent from a year ago, boosted by increases in tax revenues and other revenues, while program expenses increased at a slower 0.3 percent, reflecting increases in major transfers to persons and other levels of government. Public debt charges increased by CAD 47 million, or 2.4 percent. In the period from April to June, the government recorded a surplus of CAD 83 million, compared to a deficit of CAD 995 million in the year-ago period, due to higher revenues from income taxes and excise duties. Government Budget Value in Canada averaged -980.62 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
2017-07-28 03:00 PM Budget Balance C$-0.31B C$-10.39B C$ 0.5B
2017-07-28 03:00 PM Budget Balance C$0.38B C$-0.31B C$ -1.2B
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$0.02B C$ -1.8B
2017-10-27 03:00 PM Budget Balance C$ -2.8B
2017-11-24 04:00 PM Budget Balance C$ -2.6B

Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 92.30 91.60 100.60 45.30 percent [+]
Government Budget 0.10 -0.30 5.10 -8.30 percent of GDP [+]
Government Budget Value 16.00 377.00 5770.00 -10388.00 CAD Million [+]
Government Spending 353717.00 351508.00 353717.00 80057.00 CAD Million [+]
Government Revenues 24977.00 25138.00 29099.00 3384.00 CAD Million [+]
Fiscal Expenditure 22924.00 22699.00 33158.00 5565.00 CAD Million [+]
Military Expenditure 15504.70 15317.20 18717.20 3677.70 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
16.00 377.00 5770.00 -10388.00 1985 - 2017 CAD Million Monthly
Current Prices, NSA

government budget value by Country

Australia 6165.00 May/17
Brazil -44620.00 Jul/17
Canada 16.00 Jun/17
China 17.70 Jul/17
France -83.84 Jul/17
Germany 9.83 Mar/17
India -5048.96 Jul/17
Indonesia -305229.70 Dec/16
Italy 1.89 Jul/17
Japan 17171.00 Mar/17
Mexico -22563.00 Jul/17
Netherlands -2.80 Jun/17
Russia -423.71 Jul/17
South Korea 4115.00 Jun/17
Spain -21604.00 Jul/17
Switzerland 1323.00 Dec/17
Turkey -0.87 Aug/17
United Kingdom 3972.00 Jul/17
United States -107689.00 Aug/17