Canada's government posted a deficit of CAD 1.5 billion in January 2019, compared to a surplus of CAD 0.1 billion in the same month last year. Revenues rose 2.1 percent, boosted by gains in corporate and non-resident income tax revenues, as well as other revenues; while program expenses jumped 9.7 percent, largely reflecting an increase in direct program expenses. Public debt charges decreased 15.3 percent due to lower Consumer Price Index adjustments on Real Return Bonds. Government Budget Value in Canada averaged -978.72 CAD Million from 1985 until 2019, reaching an all time high of 5770 CAD Million in February of 2005 and a record low of -10629 CAD Million in March of 2018.

Canada Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-21 04:00 PM Budget Balance C$-1.1B C$-1.36B C$ -0.99B
2019-01-25 04:00 PM Budget Balance C$-2.22B C$-1.11B
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$1.0B
2019-04-26 03:00 PM Budget Balance C$-1.5B C$1.1B
2019-05-24 03:00 PM Budget Balance
2019-07-26 03:00 PM Budget Balance


Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 90.60 90.10 100.20 44.90 percent [+]
Government Budget -0.90 0.00 5.10 -8.30 percent of GDP [+]
Government Budget Value -1536.00 2452.00 5770.00 -10629.00 CAD Million [+]
Government Spending 417805.00 417220.00 417805.00 80057.00 CAD Million [+]
Government Revenues 29096.00 29483.00 29483.00 3384.00 CAD Million [+]
Fiscal Expenditure 28945.00 24986.00 34922.00 5565.00 CAD Million [+]
Credit Rating 98.74 [+]
Military Expenditure 19837.10 18132.30 19837.10 3598.20 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1536.00 2452.00 5770.00 -10629.00 1985 - 2019 CAD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -13037.00 Mar/19
Australia 10724.00 Feb/19
Brazil -45013.00 Feb/19
Canada -1536.00 Jan/19
China -30.00 Feb/19
France -36.90 Feb/19
Germany 5.87 Sep/18
India -8514.99 Feb/19
Indonesia -259900.00 Dec/18
Italy -27.22 Feb/19
Japan -41094.00 Dec/18
Mexico 15108.90 Feb/19
Netherlands 1.50 Dec/18
Russia 545.67 Mar/19
Saudi Arabia -238494.00 Dec/17
Singapore 830.00 Feb/19
South Africa 20781.00 Feb/19
South Korea -11804.00 Feb/19
Spain -11747.00 Feb/19
Switzerland 2176.00 Dec/19
Turkey -18675315.00 Feb/19
United Kingdom 6093.00 Feb/19
United States -146945.00 Mar/19


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