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,2021,2022,2023

Government Spending in Canada decreased to 445787 CAD Million in the third quarter of 2021 from 446599 CAD Million in the second quarter of 2021. source: Statistics Canada

Government Spending in Canada averaged 267052.47 CAD Million from 1961 until 2021, reaching an all time high of 446599 CAD Million in the second quarter of 2021 and a record low of 91244 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 January of 2022.

Government Spending in Canada is expected to be 452775.00 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 473603.00 CAD Million in 2022 and 490179.00 CAD Million in 2023, according to our econometric models.

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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.