Government Budget Value

Government Budget Value is the amount remaining after government revenues are subtracted from government expenses (excluding public debt). A surplus indicates revenues are higher than expenses and is positive for the economy. A deficit is when expenses are higher than revenues and is negative for the economy. Government Budget Value in Canada reached an all-time high of 5770 CAD million in February of 2005 and a record low of -10388 CAD million in March of 2017.