Name: Canada Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Canada,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Government Spending in Canada increased to 462759 CAD Million in the third quarter of 2022 from 456786 CAD Million in the second quarter of 2022. source: Statistics Canada

Government Spending in Canada averaged 270285.97 CAD Million from 1961 until 2022, reaching an all time high of 462759.00 CAD Million in the third quarter of 2022 and a record low of 91244.00 CAD Million in the first quarter of 1961. This page provides - Canada Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Government Spending - values, historical data and charts - was last updated on February of 2023.

Government Spending in Canada is expected to be 465032.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Government Spending is projected to trend around 474867.00 CAD Million in 2024 and 484364.00 CAD Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Spending	462759.00	456786.00	CAD Million	Sep 2022

Canada Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.