Departmental Plan 2019–20: text version
This bar graph shows the Department of Finance Canada's total actual and planned expenditures, including statutory and voted spending, from 2016–17 to 2021–22.
In 2016–17, statutory spending was $88.3 billion and voted spending was $107 million. Total spending was $88.4 billion.
In 2017–18, statutory spending was $90.2 billion and voted spending was $131 million. Total spending was $90.3 billion.
In 2018–19, statutory spending was $94.4 billion and voted spending was $111 million. Total spending is $94.5 billion.
In 2019–20, statutory spending of $98.9 billion and voted spending of $99 million are planned. Total spending is $99.0 billion.
In 2020–21, statutory spending of $102.5 billion and voted spending of $98 million are planned. Total spending is $102.6 billion.
In 2021–22, statutory spending of $106.5 billion and voted spending of $97 million are planned. Total spending is $106.6 billion.
Departmental Result: Canadians enjoy stronger, more sustainable and inclusive economic growth that contributes to higher standards of living.
- Indicator: Gross domestic product per capita (ranking among the Organisation for Economic Co-operation and Development (OECD) countries)
- Indicator: Employment rate among the population age 15 to 64 (ranking among the OECD countries)
- Indicator: Real disposable income across income groups
Departmental Result: Canada’s public finances are sound, sustainable and inclusive.
- Indicator: Federal Debt-to-Gross domestic product (GDP) ratio
- Indicator: The annual Federal Budget includes an assessment of the impact of new expenditure and revenue measures on different groups of women and men
Departmental Result: Canada has a fair and competitive tax system.
- Indicator: Taxes on labour income
- Indicator: Total business tax costs
Departmental Result: Canada has a sound and efficient financial sector.
- Indicator: Percentage of leading international organizations and major ratings agencies that rate Canada’s financial policy framework as favourable
- Indicator: Ranking of Canada’s financial sector in the World Economic Forum’s Global Competitiveness Report
Departmental Result: The Government of Canada’s borrowing requirements are met at a low and stable cost to support an effective management of the federal debt on behalf of Canadians.
- Indicator: Percentage of the Government’s borrowing requirements met within the fiscal year
- Indicator: Canada’s sovereign rating
Departmental Result: The Government of Canada effectively supports provinces, territories and Indigenous governments.
- Indicator: Degree to which timely statutory federal transfer programs assist and support provincial and territorial governments in delivering important public services, including accessible and quality health care (on a scale of 1 to 5)
- Indicator: Degree to which payment issues identified with respect to tax agreements with provinces, territories and Indigenous governments are addressed (on a scale of 1 to 4)
Departmental Result: Canada maintains its leadership and engagement globally and deepens its trading relationships.
- Indicator: Canada’s ranking in the domestic market access pillar of the World Economic Forum Global Enabling Trade Report
- Indicator: Percentage of Finance Canada’s international assistance payments that are publicly reported on a monthly basis to support aid transparency
- Program: Tax Policy and Legislation
- Program: Economic and Fiscal Policy, Planning and Forecasting
- Program: Economic Development Policy
- Program: Federal-Provincial Relations and Social Policy
- Program: Financial Sector Policy
- Program: International Trade and Finance Policy
- Program: Canada Health Transfer
- Program: Fiscal Arrangements with Provinces and Territories
- Program: Tax Collection and Administration Agreements
- Program: Commitments to International Financial Organizations
- Program: Market Debt and Foreign Reserves Management
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