Canada PBO Forecast: Budgetary Expense

2016 - 2028 | Yearly | CAD bn | Office of the Parliamentary Budget Officer

Canada PBO Forecast: Budgetary Expense data was reported at 547.900 CAD bn in 2028. This records an increase from the previous number of 529.200 CAD bn for 2027. Canada PBO Forecast: Budgetary Expense data is updated yearly, averaging 496.400 CAD bn from Mar 2016 (Median) to 2028, with 13 observations. The data reached an all-time high of 636.600 CAD bn in 2021 and a record low of 294.200 CAD bn in 2016. Canada PBO Forecast: Budgetary Expense data remains active status in CEIC and is reported by Office of the Parliamentary Budget Officer. The data is categorized under Global Database’s Canada – Table CA.F004: Government Revenue and Expenditure: Forecast: Parliamentary Budget Officer.

View Canada's Canada PBO Forecast: Budgetary Expense from 2016 to 2028 in the chart:

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Canada Canada PBO Forecast: Budgetary Expense

What is Canada's Canada PBO Forecast: Budgetary Expense in 2028?

Last	Previous	Min	Max	Unit	Frequency	Range
547.900 2028	529.200 2027	294.200 2016	636.600 2021	CAD bn	yearly	2016 - 2028

Related Indicators for Canada PBO Forecast: Budgetary Expense

Related indicators	Last	Frequency	Range
Canada PBO Forecast: Budgetary Expense (CAD bn)	547.900 2028	yearly	2016 - 2028
Canada PBO Forecast: Budgetary Revenue (CAD bn)	539.200 2028	yearly	2016 - 2028
Canada PBO Forecast: Budgetary Expense: Program Expense (CAD bn)	500.700 2028	yearly	2016 - 2028
Canada PBO Forecast: Budgetary Expense: Public Debt Charge (CAD bn)	46.000 2028	yearly	2016 - 2028
Canada PBO Forecast: Budgetary Balance (CAD bn)	-8.700 2028	yearly	2016 - 2028
Canada PBO Forecast: Budgetary Revenue: % of GDP (%)	16.000 2028	yearly	2016 - 2028
Canada PBO Forecast: Budgetary Expense: Program Expense: % of GDP (%)	14.900 2028	yearly	2018 - 2028
Canada PBO Forecast: Budgetary Expense: Public Debt Charge: % of GDP (%)	1.500 2027	yearly	2016 - 2027
Canada PBO Forecast: Budgetary Expense: % of GDP (%)	15.000 2027	yearly	2016 - 2027
Canada PBO Forecast: Budgetary Balance: % of GDP (%)	-0.300 2028	yearly	2016 - 2028
Canada PBO Forecast: Federal Government: Net Actuarial Losses (CAD bn)	0.200 2028	yearly	2021 - 2028
Canada PBO Forecast: Federal Government: Net Actuarial Losses: % of GDP (%)	-0.200 2026	yearly	2021 - 2026

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Canada Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	72,005.614 2029	yearly	1980 - 2029
Forecast: Nominal GDP Per Capita (USD)	64,674.355 2029	yearly	1980 - 2029
Forecast: Real GDP Growth (%)	1.643 2029	yearly	1980 - 2029
GDP Deflator Growth (%)	4.2 Dec 2022	quarterly	Mar 1962 - Dec 2022
GDP per Capita (USD)	54,104.301 2022	yearly	1971 - 2022
Gross Fixed Capital Formation (USD mn)	123,826.926 Jun 2024	quarterly	Mar 1957 - Jun 2024
Gross National Product (GNP) (USD mn)	532,996.638 Jun 2024	quarterly	Mar 1961 - Jun 2024
Gross Savings Rate (%)	20.7 Jun 2024	quarterly	Mar 1961 - Jun 2024
Investment: % of GDP (%)	21.7 Jun 2024	quarterly	Mar 1961 - Jun 2024
Nominal GDP (USD mn)	513,543.5 Dec 2022	quarterly	Mar 1957 - Dec 2022
Nominal GDP Growth (%)	4.866 Jun 2024	quarterly	Mar 1958 - Jun 2024
Private Consumption Expenditure (USD mn)	304,467.183 Jun 2024	quarterly	Mar 1961 - Jun 2024
Private Consumption: % of GDP (%)	57.7 Jun 2024	quarterly	Mar 1961 - Jun 2024
Public Consumption Expenditure (USD mn)	119,510.306 Jun 2024	quarterly	Mar 1961 - Jun 2024
Public Consumption: % of GDP (%)	21.7 Jun 2024	quarterly	Mar 1961 - Jun 2024
Real GDP Growth (%)	2.1 Dec 2022	quarterly	Mar 1962 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%)	67.747 Jun 2024	quarterly	Mar 1961 - Jun 2024

Production	Last	Frequency	Range
Gold Production (kg)	200,000.000 2023	yearly	1990 - 2023
Industrial Production Index Growth (%)	-0.3 Sep 2024	monthly	Jan 1958 - Sep 2024
Minerals Production (Metric Ton)	550,100,636.000 2022	yearly	2009 - 2022
Motor Vehicle Production (Unit)	1,553,026.000 2023	yearly	1997 - 2023
Silver Production (Metric Ton)	325.026 2021	yearly	1986 - 2021

Sales, Orders, Inventory & Shipments	Last	Frequency	Range
New Orders Growth (%)	-6.3 Aug 2024	monthly	Jan 1993 - Aug 2024

Construction and Properties	Last	Frequency	Range
House Prices Growth (%)	0.2 Sep 2024	monthly	Jan 1982 - Sep 2024
Nominal Residential Property Price Index (2010=100)	220.286 Jun 2024	quarterly	Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%)	-2.208 Jun 2024	quarterly	Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100)	159.189 Jun 2024	quarterly	Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%)	-4.817 Jun 2024	quarterly	Mar 1971 - Jun 2024
Building Permits (Unit)	39,548.000 Jul 2024	monthly	Jan 2018 - Jul 2024

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-1.9 Jun 2024	quarterly	Jun 1993 - Jun 2024
Forecast: Government Expenditure (CAD bn)	1,546.047 2029	yearly	1980 - 2029
Forecast: Government Net Debt (CAD bn)	3,127.329 2028	yearly	1980 - 2028
Forecast: Government Revenue (CAD bn)	1,523.743 2029	yearly	1980 - 2029
Government Debt: % of GDP (%)	69.6 2024	yearly	1962 - 2024
National Government Debt (USD mn)	1,501,047.3 2024	yearly	1962 - 2024
Tax Revenue (USD mn)	20,829.733 Aug 2024	monthly	Jan 1996 - Aug 2024
Consolidated Fiscal Balance (USD mn)	-1,864.518 Aug 2024	monthly	May 1992 - Aug 2024
Tax Revenue: % of GDP (%)	13.2 Jun 2024	quarterly	Mar 1996 - Jun 2024

More Indicators for Canada

Indicators	Last	Frequency	Range
Canada Shipments of Selected Minerals: Gypsum (Tonne)	174,970.000 Aug 2024	monthly	Jan 1996 - Aug 2024
Canada Shipments of Selected Minerals: Lime (Tonne)	133,162.000 Aug 2024	monthly	Jan 1996 - Aug 2024
Canada Shipments of Selected Minerals: Molybdenum (kg)	368,404.000 Dec 2019	monthly	Jan 1996 - Dec 2019
Canada Shipments of Selected Minerals: Potash (Tonne)	1,225,505.000 Aug 2024	monthly	Jan 1996 - Aug 2024
Canada Shipments of Selected Minerals: Diamonds (Carat)	1,150,327.000 Aug 2024	monthly	Jan 1999 - Aug 2024
Canada Shipments of Selected Minerals: Uranium (kg)	868,567.000 Dec 2019	monthly	Jan 1996 - Dec 2019
Canada Domestic Shipments of Refined Production: Nickel (Tonne)	542,000.000 Dec 2020	monthly	Jan 1996 - Dec 2020
Canada Domestic Shipments of Refined Production: Copper (Tonne)	10,909.000 Mar 2017	monthly	Jan 2003 - Mar 2017
Canada Domestic Shipments of Refined Production: Zinc (Tonne)	27,916,000.000 Jun 2022	monthly	Jan 1996 - Jun 2022
Canada Shipments of Salt (Tonne)	540,155.000 Aug 2024	monthly	Jan 1996 - Aug 2024
Canada Shipments of Salt: Fine Vacuum (Tonne)	62,609.000 Dec 2019	monthly	Jan 1996 - Dec 2019
Canada Shipments of Salt: Mined Rock Salt (Tonne)	468,104.000 Aug 2024	monthly	Jan 1996 - Aug 2024
Canada Shipments of Salt: Salt Content of Brines (Tonne)	9,242.000 Dec 2019	monthly	Jan 1996 - Dec 2019
Canada Producers' Shipment: Iron Ore (Tonne)	5,412,399.000 Aug 2024	monthly	Jan 1996 - Aug 2024
Canada Producers' Shipment: Iron Ore: Domestic Consumption (Tonne)	396,474.000 Dec 2019	monthly	Jan 1996 - Dec 2019
Canada Producers' Shipment: Iron Ore: Exported (Tonne)	4,861,845.000 Dec 2019	monthly	Jan 1996 - Dec 2019
Canada Construction Price Index: Apartment Building (1997=100)	154.300 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Halifax (1997=100)	135.700 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Montreal (1997=100)	139.600 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Ottawa Gatineau, Ontario Pa... (1997=100)	149.500 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Toronto (1997=100)	156.100 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Calgary (1997=100)	183.600 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Edmonton (1997=100)	175.400 2007	yearly	2003 - 2007
Canada Construction Price Index: Apartment Building: Vancouver (1997=100)	162.800 2007	yearly	2003 - 2007
Canada Construction Price Index: Electric Utility: Distribution Systems (1992=100)	160.40 2014	yearly	1956 - 2014
Canada Construction Price Index: Electric Utility: Transmission Line Systems (1992=100)	158.70 2014	yearly	1956 - 2014
Canada Construction Price Index: Non Residential Building: Structures: Commercia... (1997=100)	157.900 2007	yearly	2003 - 2007
Canada Construction Price Index: Non Residential Building: Structures: Industria... (1997=100)	162.800 2007	yearly	2003 - 2007
Canada Construction Price Index: Non Residential Building: Structures: Instituti... (1997=100)	153.100 2007	yearly	2003 - 2007
Canada Construction Price Index: Construction Union Wage Rate Index (CU) (1992=100)	143.900 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: St John's (1992=100)	160.000 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Halifax (1992=100)	153.400 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Saint John (1992=100)	147.700 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Quebec (1992=100)	151.600 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Saguenay (1992=100)	151.400 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Montreal (1992=100)	151.500 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Ottawa Gatineau, Ontario Part (1992=100)	142.700 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Toronto (1992=100)	142.600 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Hamilton (1992=100)	143.900 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: St Catharines Niagara (1992=100)	142.400 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Kitchener (1992=100)	147.500 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: London (1992=100)	142.700 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Windsor (1992=100)	140.700 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Greater Sudbury (1992=100)	142.100 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Thunder Bay (1992=100)	144.100 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Winnipeg (1992=100)	119.200 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Calgary (1992=100)	154.500 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Edmonton (1992=100)	154.800 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Vancouver (1992=100)	130.900 2008	yearly	2003 - 2008
Canada Construction Price Index: CU: Victoria (1992=100)	122.600 2008	yearly	2003 - 2008
Canada Construction Price Index: New Housing (1997=100)	154.600 2009	yearly	2003 - 2009
Canada Gross External Debt: Short Term: Money Market Instruments (CAD mn)	163,276.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Short Term: Loans (CAD mn)	324,733.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Short Term: Deposits (CAD mn)	1,128,678.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Short Term: Trade Credits (CAD mn)	13,706.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Short Term: Other Liabilities (CAD mn)	7,973.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Long Term: Bonds and Notes (CAD mn)	1,971,965.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Long Term: Loans (CAD mn)	138,166.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Long Term: Other Liabilities (CAD mn)	70,055.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Direct Investment Inter Company Lending Debt Liabili... (CAD mn)	454,239.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: General Government: Short Term: Money Market Instrum... (CAD mn)	84,211.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: General Government: Short Term: Other Liabilities (CAD mn)	91.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: General Government: Long Term: Bonds and Notes (CAD mn)	635,798.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: General Government: Long Term: Other Liabilities (CAD mn)	29,802.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Monetary Authorities: Short Term: Deposits (CAD mn)	1,865.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Banks: Short Term: Money Market Instruments (CAD mn)	55,276.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Banks: Short Term: Deposits (CAD mn)	1,126,814.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Other Sectors: Short Term: Other Liabilities (CAD mn)	0.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada Gross External Debt: Other Sectors: Long Term: Other Liabilities (CAD mn)	40,253.000 Jun 2024	quarterly	Mar 1990 - Jun 2024
Canada LFS: Employment: Annual: Goods Producing Sector (Person th)	4,132.100 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Goods Producing Sector: Agriculture (Person th)	256.400 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Goods Producing Sector: Forestry, Fishing, Minin... (Person th)	326.400 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Goods Producing Sector: Utilities (Person th)	154.900 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Goods Producing Sector: Construction (Person th)	1,582.500 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Goods Producing Sector: Manufacturing (Person th)	1,811.900 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector (Person th)	16,038.800 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Trade (Person th)	2,971.700 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Transportation & Ware... (Person th)	1,024.800 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Finance, Insurance, R... (Person th)	1,387.500 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Professional, Scienti... (Person th)	1,875.000 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Business, Building & ... (Person th)	691.600 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Educational Services (Person th)	1,495.200 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Health Care & Social ... (Person th)	2,666.700 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Information, Culture ... (Person th)	847.600 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Accommodation & Food ... (Person th)	1,128.500 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Others (Person th)	767.000 2023	yearly	1976 - 2023
Canada LFS: Employment: Annual: Services Producing Sector: Public Administration (Person th)	1,183.100 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above (Person th)	32,502.100 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above: Labour Force (Person th)	21,325.800 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above: Labour Force: Employed (Person th)	20,170.900 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above: Labour Force: Employed: Full T... (Person th)	16,536.200 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above: Labour Force: Employed: Part T... (Person th)	3,634.700 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above: Labour Force: Unemployed (Person th)	1,154.800 2023	yearly	1976 - 2023
Canada LFS: Population: Annual: 15 Years & Above: Not in the Labour Force (Person th)	11,176.300 2023	yearly	1976 - 2023
Canada LFS: Unemployment Rate: Annual (%)	5.400 2023	yearly	1976 - 2023
Canada SEPH: Average Weekly Earnings: Annual (CAD)	1,165.510 2022	yearly	1991 - 2022
Canada SEPH: Average Weekly Earnings: Annual: Forestry, Logging & Support (CAD)	1,313.930 2022	yearly	1991 - 2022
Canada SEPH: Average Weekly Earnings: Annual: Mining & Oil and Gas Extraction (CAD)	2,254.150 2022	yearly	1991 - 2022
Canada SEPH: Average Weekly Earnings: Annual: Utilities (CAD)	1,995.200 2022	yearly	1991 - 2022
Canada SEPH: Average Weekly Earnings: Annual: Construction (CAD)	1,437.580 2022	yearly	1991 - 2022

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GDP by Expenditure: Volume: Forecast: OECD Member: Annual Government Revenue and Expenditure: Forecast: Parliamentary Budget Officer Motor Vehicle Sales: Annual

GDP by Expenditure: Forecast: OECD Member: Quarterly GDP by Expenditure: Volume: Forecast: OECD Member: Quarterly Motor Vehicle Sales Motor Vehicle Sales: by Manufacturer: Global Automakers of Canada (GAC): ytd