Canada Government Budget Value  1985-2018 | Data | Chart | Calendar

Canada's government budget surplus widened to CAD 0.6 billion in May 2018 from CAD 0.4 billion in the same month of the previous year. For the first two months of the 2018-19 fiscal year (April and May), there was a budgetary surplus of CAD 3.2 billion, compared to a surplus of CAD 0.1 billion reported in the same period of 2017-18. Revenues climbed 8.6 percent to CAD 54.6 billion, largely reflecting increases in tax revenues and Employment Insurance (EI) premium revenues which were partially offset by a decrease in other revenues. Program expenses rose 1.6 percent to CAD 46.9 billion, reflecting increases in major transfers to persons and other levels of government and direct program expenses. Public debt charges were up 12.4 percent, largely reflecting higher Consumer Price Index adjustments on Real Return Bonds. Government Budget Value in Canada averaged -986.42 CAD Million from 1985 until 2018, 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
2018-05-25 03:00 PM Budget Balance C$-10.63B C$2.83B C$ 1.5B
2018-07-27 03:00 PM Budget Balance C$2.5B C$-10.63B C$ -0.77B
2018-07-27 03:00 PM Budget Balance C$0.6B C$2.5B C$ -1.1B
2018-08-31 03:00 PM Budget Balance C$0.6B C$ -0.6B
2018-09-28 03:00 PM Budget Balance C$ -1B
2018-10-26 03:00 PM Budget Balance C$ -0.97B

Canada Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.60 92.40 100.60 45.10 percent [+]
Government Budget -0.90 0.00 5.10 -8.30 percent of GDP [+]
Government Budget Value 641.00 2535.00 5770.00 -10629.00 CAD Million [+]
Government Spending 364860.00 361512.00 364860.00 80057.00 CAD Million [+]
Government Revenues 25717.00 28925.00 29099.00 3384.00 CAD Million [+]
Fiscal Expenditure 22809.00 24070.00 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 3979.00 8695.00 661.00 Persons [+]

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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
641.00 2535.00 5770.00 -10629.00 1985 - 2018 CAD Million Monthly
Current Prices, NSA

government budget value by Country
Country Last
Australia 10417.00 May/18
Brazil -57900.00 Jun/18
Canada 641.00 May/18
China -167.50 Jun/18
France -58.87 Jun/18
Germany 10.72 Mar/18
India -4290.33 Jun/18
Indonesia -347356.70 Dec/17
Italy -6.11 Jun/18
Japan 53517.00 Mar/18
Mexico -169832.10 Jun/18
Netherlands -3.60 Jun/18
Russia 1383.30 Jul/18
South Korea -3520.00 Jun/18
Spain -9012.00 Jun/18
Switzerland 1373.00 Dec/18
Turkey -24201886.00 Jun/18
United Kingdom -2997.00 Jun/18
United States -76865.00 Jul/18