Table 2 
Overview of Canada's public sector, 2024 

Overview of Canada's public sector, 2024
(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 15.6 22.3 7.6 4.4 -8.1 41.9
Expense 17.2 23.5 7.0 3.0 -8.1 42.7
Net operating balance -1.6 -1.2 0.6 1.4 0.0 -0.8
Stocks            
Assets 29.4 61.3 28.6 35.2 -7.8 146.7
Non-financial 3.6 31.1 21.8 0.0 0.0 56.4
Financial 25.8 30.2 6.8 35.2 -7.8 90.3
Liabilities 60.0 47.0 7.6 7.3 -7.8 114.0
Net financial worth -34.2 -16.7 -0.7 27.9 0.0 -23.8
Net worth -30.6 14.4 21.0 27.9 0.0 32.7
  number of unitsnumber of unitsnumber of unitsnumber of unitsnumber of unitsnumber of units
Number of units 58 1,052 4,644 2 ... 5,756
(G) – Government business enterprises(H) – Consolidation(I)=F+G+H – Public sector
  % of nominal GDP% of nominal GDP  
Transactions      
Revenue 6.4 -2.2 46.1
Expense 6.7 -2.2 47.2
Net operating balance -0.3 0.0 -1.1
Stocks      
Assets 50.8 -29.3 168.1
Non-financial 14.1 0.0 70.6
Financial 36.7 -29.3 97.6
Liabilities 46.8 -29.3 131.4
Net financial worth -10.1 0.0 -33.9
Net worth 4.0 0.0 36.7
  number of unitsnumber of unitsnumber of units
Number of units 308 ... 6,064
...
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.
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