Annual Financial Report for the Government of Canada Fiscal 2018–2019 year

Annual Financial Report for the Government of Canada Fiscal 2018–2019 year

Note to visitors

The monetary leads to this report are derived from the audited consolidated economic statements for the federal federal Government of Canada for the financial year finished March 31, 2019, the condensed as a type of which will be one of them report.

For the twenty-first consecutive 12 months, the federal government has gotten an unmodified review viewpoint through the Auditor General of Canada regarding the consolidated economic statements. The entire consolidated statements that are financial available regarding the Public solutions and Procurement Canada site.

The financial Reference Tables have now been updated to include the outcome for 2018–19 in addition to historical revisions to your nationwide Economic and Financial Accounts posted by Statistics Canada.

Report Features

  • The us government posted a budgetary deficit of $billion when it comes to year that is fiscal http://speedyloan.net/installment-loans-ma March 31, 2019, when compared with an estimated deficit of $billion when you look at the March 2019 spending plan.
  • Profits increased by $billion, or per cent, from 2017–Program costs increased by $14.6 billion, or %, showing increases in most major kinds of costs. General general Public financial obligation fees had been up $billion, or 6.3 percent.
  • The federal financial obligation (the difference between total liabilities and total assets) endured at $685.5 billion at March 31, The federal debt-to-GDP (gross domestic item) ratio ended up being per cent, down from % within the past 12 months. Continue reading Annual Financial Report for the Government of Canada Fiscal 2018–2019 year