Table 2 
Overview of Canada's public sector, 2021 

Overview of Canada's public sector, 2021
(A) – Federal government(B) – Provincial–territorial governments(C) – Local governments(D) – Canada Pension Plan and Quebec Pension Plan(E) – Consolidation(F)=A+B+C+D+E – General government
  % of GDP% of GDP% of GDP% of GDP% of GDP% of GDP
Transactions            
Revenue 15.3 23.1 7.8 3.8 -8.4 41.8
Expense 18.9 24.1 7.2 3.0 -8.4 44.9
Net operating balance -3.5 -1.0 0.6 0.8 0.0 -3.1
Stocks            
Assets 31.4 63.4 27.1 31.8 -8.7 145.0
Non-financial 5.2 30.4 20.3 0.0 0.0 55.9
Financial 26.3 33.0 6.9 31.8 -8.7 89.1
Liabilities 62.5 53.3 8.2 5.9 -8.7 121.2
Net financial worth -36.3 -20.3 -1.3 25.8 0.0 -32.0
Net worth -31.1 10.2 18.9 25.8 0.0 23.8
  number of unitsnumber of unitsnumber of unitsnumber of unitsnumber of unitsnumber of units
Number of units 61 1,070 4,682 2 ... 5,815
(G) – Government business enterprises(H) – Consolidation(I)=F+G+H – Public sector
  % of GDP% of GDP% of GDP
Transactions      
Revenue 6.4 -2.5 45.6
Expense 6.3 -2.5 48.6
Net operating balance 0.1 0.0 -3.0
Stocks      
Assets 60.8 -40.7 165.1
Nonfinancial 11.8 0.0 67.6
Financial 49.0 -40.7 97.4
Liabilities 59.8 -40.7 140.2
Net financial worth -10.7 0.0 -42.8
Net worth 1.0 0.0 24.8
  number of unitsnumber of unitsnumber of units
Number of units 320 ... 6,135
...
not applicable
Note(s):
  • GDP stands for gross domestic product.
  • The figures for Canada's public sector were derived by consolidating the major transactions and debtor–creditor relationships among the general government units and the government business enterprises. In this table, provincial and territorial governments include universities, colleges and health institutions. Local government includes school boards.
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