Table 2 
Overview of Canada's public sector, 2022 

Overview of Canada's public sector, 2022
(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 nominal GDP% of nominal GDP% of nominal GDP% of nominal GDP% of nominal GDP% of nominal GDP
Transactions            
Revenue 15.0 22.5 7.4 4.0 -7.7 41.1
Expense 15.6 22.6 6.9 2.8 -7.7 40.2
Net operating balance -0.6 -0.2 0.5 1.2 0.0 0.9
Stocks            
Assets 26.8 58.6 28.6 29.3 -7.5 135.8
Non-financial 3.5 29.1 21.9 0.0 0.0 54.4
Financial 23.3 29.5 6.7 29.3 -7.5 81.3
Liabilities 54.5 46.0 7.3 4.9 -7.5 105.1
Net financial worth -31.2 -16.5 -0.6 24.4 0.0 -23.8
Net worth -27.7 12.6 21.3 24.4 0.0 30.6
  number of unitsnumber of unitsnumber of unitsnumber of unitsnumber of unitsnumber of units
Number of units 57 1,067 4,681 2 ... 5,807
(G) – Government business enterprises(H) – Consolidation(I)=F+G+H – Public sector
  % of nominal GDP% of nominal GDP% of nominal GDP
Transactions      
Revenue 6.5 -2.3 45.3
Expense 6.6 -2.3 44.5
Net operating balance -0.1 0.0 0.8
Stocks      
Assets 54.0 -33.7 156.0
Nonfinancial 11.8 0.0 66.3
Financial 42.1 -33.7 89.8
Liabilities 51.4 -33.7 122.8
Net financial worth -9.3 0.0 -33.1
Net worth 2.6 0.0 33.2
  number of unitsnumber of unitsnumber of units
Number of units 315 ... 6,122
...
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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