Government Spending in Canada increased to 424534 CAD Million in the second quarter of 2019 from 421949 CAD Million in the first quarter of 2019. Government Spending in Canada averaged 260765.24 CAD Million from 1961 until 2019, reaching an all time high of 424534 CAD Million in the second quarter of 2019 and a record low of 91244 CAD Million in the first quarter of 1961.
Government Spending in Canada is expected to be 424622.00 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 429647.00 in 12 months time. In the long-term, the Canada Government Spending is projected to trend around 440647.00 CAD Million in 2020, according to our econometric models.