Table 2
Overview of Canada's public sector, 2023
| (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 | 16.0 | 22.1 | 7.6 | 4.2 | -8.2 | 41.7 |
| Expense | 17.8 | 23.4 | 7.1 | 3.0 | -8.2 | 43.1 |
| Net operating balance | -1.8 | -1.3 | 0.6 | 1.2 | 0.0 | -1.3 |
| Stocks | ||||||
| Assets | 28.2 | 58.6 | 29.1 | 32.6 | -8.0 | 140.5 |
| Non-financial | 3.4 | 28.4 | 22.4 | 0.0 | 0.0 | 54.2 |
| Financial | 24.8 | 30.2 | 6.8 | 32.6 | -8.0 | 86.3 |
| Liabilities | 55.9 | 46.1 | 7.6 | 6.5 | -8.0 | 108.2 |
| Net financial worth | -31.2 | -15.9 | -0.8 | 26.1 | 0.0 | -21.8 |
| Net worth | -27.7 | 12.4 | 21.5 | 26.1 | 0.0 | 32.4 |
| number of units | number of units | number of units | number of units | number of units | number of units | |
| Number of units | 58 | 1,060 | 4,652 | 2 | ... | 5,772 |
| (G) – Government business enterprises | (H) – Consolidation | (I)=F+G+H – Public sector | |
|---|---|---|---|
| % of nominal GDP | % of nominal GDP | ||
| Transactions | |||
| Revenue | 6.4 | -2.3 | 45.8 |
| Expense | 6.8 | -2.3 | 47.5 |
| Net operating balance | -0.4 | 0.0 | -1.7 |
| Stocks | |||
| Assets | 51.6 | -32.0 | 160.2 |
| Non-financial | 13.3 | 0.0 | 67.5 |
| Financial | 38.3 | -32.0 | 92.7 |
| Liabilities | 48.3 | -32.0 | 124.5 |
| Net financial worth | -10.0 | 0.0 | -31.9 |
| Net worth | 3.3 | 0.0 | 35.6 |
| number of units | number of units | number of units | |
| Number of units | 310 | ... | 6,082 |
...
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.
- Totals may not add up due to rounding.
Source(s):
- Date modified: