Ontario’s budget deficit was half of the $15 billion the Progressive Conservative government initially claimed after defeating the Liberals last year. row = rows[0].split(','); theChart07.render("chart07");


Explore the audited consolidated financial statements of the government.

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}); i, "dataSource": "/staticfiles/PublicWebsite/assets/xml/ResearchPublications/InBriefs/charts/2017-01-chart05-e.xml" function toggle_visibility(id, elm) { ", var theChart01 = new FusionCharts({ Please wait. tableBody += TDs + ''; dataLoadErrorMessage:"Error in loading data. jQuery(window).on('resize scroll', function () { The national debt and the interest payments on that debt are shouldered equally across the country.5 Hence, the per capita cost of servicing the national public debt ($581 in 2017) is identical in each province. var theChart02 = new FusionCharts({

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Please wait. tableBody += TDs + ''; height: "400", Program spending in turn consists of three main types of expenditure: net expenditures on goods and services, transfers to persons, and transfers to provincial governments. tableBody += '' + row[0] + ''; loadMessage:"Loading figure. Please wait.            ", dataFormat: "xmlUrl", At times, they may serve as overviews, referring readers to more substantive sources published on the same topic. }); } Ontario’s budget deficit was half of the $15 billion the Progressive Conservative government initially claimed after defeating the Liberals last year. var viewportBottom = viewportTop + jQuery(window).height(); ", theChart05.addEventListener('renderComplete', function () { “Given the risks and uncertainties involved, they may not feel it appropriate for the government to recognize its full 50 per cent share of the surplus. }); jQuery(window).on('resize scroll', function () { The Conservatives’ independent “financial commission of inquiry,” headed by former B.C. Figure 4 illustrates federal program spending per capita for each type of expenditure plus the cost of servicing the federal government’s debt. The federal government has several revenue streams, including personal income tax, the goods and services tax (GST), corporate income tax and employee contributions to social insurance plans (payroll taxes), such as Employment Insurance and the Canada Pension Plan.

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return elementBottom > viewportTop && elementTop < viewportBottom; In 2017, the federal government collected an average of $8,376 in revenues and incurred an average of $8,408 in expenditures per Canadian (see Figure 1). if (flag04 == false && jQuery('#chart04').isInViewport()) {

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It also incurs expenditures and implements programs that are widely available to all Canadians, regardless of their province of residence. for (j = 1, lengthJ = row.length; j < lengthJ; j++) { rows, i, flag07 = true; This copy is for your personal non-commercial use only.

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Ontario's fiscal watchdog says program spending under the Progressive Conservatives will drop to its lowest level in 30 years as the government tries to eliminate the deficit. Figure 3 ‒ Federal Revenues by Province and by Type, 2017 (in dollars per capita). if (flag02 == false && jQuery('#chart02').isInViewport()) { var elementBottom = elementTop + jQuery(this).outerHeight(); Here's a look at federal government expenses for the 2016-2017 fiscal year. "dataSource": "/staticfiles/PublicWebsite/assets/xml/ResearchPublications/InBriefs/charts/2017-01-chart03-e.xml" var viewportTop = jQuery(window).scrollTop();

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Budgets are used to set government spending …

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Figure 3 ‒ Federal Revenues by Province and by Type, 2017
(in dollars per capita)
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Sources: Figure prepared by the author using data obtained from Statistics Canada, “Table 36‑10‑0450‑01: Revenue, expenditure and budgetary balance – General governments, provincial and territorial economic accounts (x 1,000,000)” and “Table 17‑10‑0005‑01: Population estimates on July 1st, by age and sex,” accessed 17 December 2018. col,

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var viewportBottom = viewportTop + jQuery(window).height(); The third type of program expenditure consists of transfers to provincial governments, in particular equalization payments and payments through the Canada Health Transfer and the Canada Social Transfer. return elementBottom > viewportTop && elementTop < viewportBottom;

Individual parts of the country – be they cities, regions or provinces – are necessarily in one or the other of these situations according to their level of economic prosperity, their wealth in terms of natural resources or various strategic considerations. ",

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