Canada's government posted a deficit of CAD 14.9 billion in March 2019 compared to CAD 10.7 billion gap in the same month of the previous year. Revenues increased by CAD 1.2 billion, or 4.6 percent, to CAD 27.8 billion, mainly due to an increase in other revenues. Program expenses jumped by CAD 5.7 billion, or 16.4 percent, to CAD 40.7 billion, amid increases in major transfers to other levels of government and direct program expenses. Public debt charges decreased by CAD 0.3 billion, or 12.2 per cent, to CAD 2.0 billion, reflecting lower Consumer Price Index adjustments on Real Return Bonds. Government Budget Value in Canada averaged -1000.08 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.

Canada Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-22 04:00 PM Budget Balance C$2.45B C$-2.22B C$ -0.31B
2019-03-29 03:00 PM Budget Balance C$-1.5B C$2.45B C$1.0B
2019-04-26 03:00 PM Budget Balance C$4.3B C$-1.5B C$1.1B
2019-05-31 03:00 PM Budget Balance C$-14.9B C$4.31B C$-5B
2019-07-26 03:00 PM Budget Balance
2019-07-26 03:00 PM Budget Balance C$-14.9B
2019-08-30 03:00 PM Budget Balance


Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 90.60 89.70 100.60 45.10 percent [+]
Government Budget -0.70 -0.90 5.10 -8.10 percent of GDP [+]
Government Budget Value -14900.00 4310.00 5770.00 -14900.00 CAD Million [+]
Government Spending 422881.00 420573.00 422881.00 91244.00 CAD Million [+]
Government Revenues 27797.00 32040.00 32040.00 3384.00 CAD Million [+]
Fiscal Expenditure 40708.00 25904.00 40708.00 5565.00 CAD Million [+]
Credit Rating 98.74 [+]
Military Expenditure 21352.00 21343.00 21352.00 3730.00 USD Million [+]
Asylum Applications 5187.00 4133.00 8695.00 661.00 Persons [+]
Government Debt 671.25 651.54 671.25 14.83 CAD Billion [+]


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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-14900.00 4310.00 5770.00 -14900.00 1985 - 2019 CAD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 498.50 Apr/19
Australia 7020.00 Apr/19
Brazil -28050.00 Apr/19
Canada -14900.00 Mar/19
China -72.30 Apr/19
France -67.20 Apr/19
Germany 5.87 Sep/18
India -1570.48 Apr/19
Indonesia -259900.00 Dec/18
Italy -26.03 Mar/19
Japan -41094.00 Dec/18
Mexico 62526.80 Apr/19
Netherlands 1.50 Dec/18
Russia 1149.60 May/19
Saudi Arabia -135704.00 Dec/18
Singapore 1697.60 Apr/19
South Africa -73147.00 Apr/19
South Korea -25893.00 Apr/19
Spain -8195.00 Apr/19
Switzerland 2176.00 Dec/19
Turkey -14309064.00 Apr/19
United Kingdom -2778.00 Apr/19
United States -207768.00 May/19


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