Government Spending in Canada increased to 417220 CAD Million in the third quarter of 2018 from 366209 CAD Million in the second quarter of 2018. Government Spending in Canada averaged 227310.59 CAD Million from 1961 until 2018, reaching an all time high of 417220 CAD Million in the third quarter of 2018 and a record low of 80057 CAD Million in the first quarter of 1961.
Government Spending in Canada is expected to be 370044.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Canada to stand at 377638.00 in 12 months time. In the long-term, the Canada Government Spending is projected to trend around 381980.00 CAD Million in 2020, according to our econometric models.