Government Spending in Canada increased to 417805 CAD Million in the fourth quarter of 2018 from 417220 CAD Million in the third quarter of 2018. Government Spending in Canada averaged 228131.69 CAD Million from 1961 until 2018, reaching an all time high of 417805 CAD Million in the fourth 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 374621.00 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 424313.00 in 12 months time. In the long-term, the Canada Government Spending is projected to trend around 437138.00 CAD Million in 2020, according to our econometric models.