Canada Government Budget

Canada recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2013. Government Budget in Canada is reported by the Department of Finance Canada. Government Budget in Canada averaged -1.89 Percent of GDP from 1949 until 2013, reaching an all time high of 5.10 Percent of GDP in 1950 and a record low of -8.30 Percent of GDP in 1985. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Canada Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.00 -1.50 5.10 -8.30 -0.95 | 2013/12 1949 - 2013 Percent of GDP Yearly

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Canada Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Budget Value 2159.00 2014-01-15 1148.00 5770.00 -9919.00 1214.23 2014-02-28 CAD Million [+]
Government Spending 350496.00 2013-11-15 349082.00 350496.00 60608.00 350690.26 2014-03-31 CAD Million [+]
Government Debt To GDP 84.60 2012-12-31 85.00 101.70 66.50 84.23 2013-12-31 Percent [+]
Government Budget -1.00 2013-06-30 -1.50 5.10 -8.30 -0.95 2013-12-31 Percent of GDP [+]
Credit Rating 98.06 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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