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The Canadian federal budget for the fiscal years of 2020–21 and 2021–22 was presented to the House of Commons by finance minister Chrystia Freeland on 19 April 2021. [5] The Canadian government did not produce a budget in 2020 due to the COVID-19 pandemic. Instead, the government produced a series of economic updates and stimulus plans ...
Rank Name Level of government Total expenditure Per-capita expenditure Fiscal year Source 1 Canada: Federal 338,500,000,000 2018-19 [1]2 Ontario: Provincial
2020 Canadian federal budget: 2020–21 — Never presented Postponed and combined into the following year's budget due to the COVID-19 pandemic: 2021 Canadian federal budget A Recovery Plan for Jobs, Growth, and Resilience: 2021–22 19 April 2021 Chrystia Freeland Liberal: C-30: Royal Assent (29 June 2021)
Sources: Statistics Canada Tables 10-10-0147-01, [33] 10-10-0016-01 [16] and 36-10-0222-01. [17] Data for the provincial governments are consolidated. "Consolidation is a method used to present one overarching statistic for a province that eliminates all transactions and debtor-creditor relationships among different government units within a ...
One interesting trend has been the slowdown in the purchase of motor vehicles, notes an analyst from Statistics Canada. What Canadian households are spending most of their money on Skip to main ...
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included.
Indeed, average pretax incomes increased just 7.5% between 2021 and 2022, so the increase in spending wasn't fully supported by added wages. As a result, credit card debt is increasing.
Country Government expenditure (% of GDP) Government revenue (% of GDP) Net lending/borrowing (% of GDP) Afghanistan (2020) 29.508 27.049 -2.460 Albania 31.390 27.618