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The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
In Canada, federal budgets are presented annually by the Government of Canada to identify planned government spending and expected government revenue, and to forecast economic conditions for the upcoming year. They are usually released in February or March, before the start of the fiscal year. All the Canadian provinces also present budgets.
In Canada, governments at the federal, provincial, territorial and municipal levels have the power to spend public funds. This is a list of governments by annual expenditures , in Canadian dollars .
Canada on Tuesday cut its deficit forecast for this fiscal year and pledged new funds to fight the Omicron coronavirus variant, while spending promised in this year's election campaign would ...
OTTAWA (Reuters) -Canada's Liberal government, which is trailing in the polls ahead of next year's election, unveiled C$6.3 billion ($4.5 billion) in proposed new spending measures on Thursday to ...
OTTAWA (Reuters) -Canada would have to double current defense spending by fiscal 2032-33 to achieve its stated goal of meeting NATO targets, an increase that could violate fiscal anchors put in ...
In 2024, Canada's federal government spending reached unprecedented levels, with the Trudeau government's spending patterns marking significant records in the economic history of Canada. Between 2018 and 2024, the administration recorded the seven highest years of per-person spending in Canada's history.
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.