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Fiscal Reference Tables : 1
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Federal Government
Public Accounts

Table 1
Fiscal transactions


Year

Budgetary revenues

Program expenses

Operating surplus or deficit (-)

Public debt charges

Budgetary surplus or deficit (-)

Accumulated deficit

Non-budgetary transactions

Financial requirements (-)/source


 

(millions of dollars)

1961-62

6,468

6,630

-162

832

-994

14,825

332

-662

1962-63

6,662

6,595

67

915

-848

15,673

-667

-1,515

1963-64

7,099

7,304

-205

993

-1,198

16,871

903

-295

1964-65

8,220

7,542

678

1,050

-372

17,243

-5

-377

1965-66

9,063

7,933

1,130

1,110

20

17,223

-78

-58

1966-67

9,860

9,164

696

1,182

-486

17,708

72

-414

1967-68

10,745

10,501

244

1,286

-1,042

18,750

491

-551

1968-69

12,047

11,250

797

1,464

-667

19,417

-1,192

-1,859

1969-70

14,399

12,566

1,833

1,694

139

19,277

-302

-163

1970-71

14,982

14,111

871

1,887

-1,016

20,293

-1,302

-2,318

1971-72

16,619

16,295

324

2,110

-1,786

22,079

-257

-2,043

1972-73

19,205

18,807

398

2,300

-1,902

23,980

514

-1,388

1973-74

22,430

22,076

354

2,565

-2,211

26,191

893

-1,318

1974-75

29,251

28,238

1,013

3,238

-2,225

28,416

720

-1,505

1975-76

31,657

33,892

-2,235

3,970

-6,205

34,620

1,444

-4,761

1976-77

34,408

36,596

-2,188

4,708

-6,896

41,517

2,621

-4,275

1977-78

34,626

39,974

-5,348

5,531

-10,879

52,396

2,749

-8,130

1978-79

36,974

42,980

-6,006

7,024

-13,030

65,425

-19

-13,049

1979-80

42,029

45,502

-3,473

8,494

-11,967

77,392

3,891

-8,076

1980-81

48,867

52,765

-3,898

10,658

-14,556

91,948

5,632

-8,924

1981-82

60,307

60,867

-560

15,114

-15,674

107,622

6,334

-9,340

1982-83

60,662

72,808

-12,146

16,903

-29,049

136,671

2,636

-26,413


1983-84

63,952

75,885

-11,933

20,430

-32,363

157,252

7,857

-24,506

1984-85

70,683

82,963

-12,280

24,887

-37,167

194,419

6,795

-30,372

1985-86

76,430

82,162

-5,732

27,657

-33,389

227,808

3,765

-29,624

1986-87

85,311

86,435

-1,124

28,718

-29,842

257,650

2,334

-27,508

1987-88

95,562

93,356

2,206

31,223

-29,017

286,667

3,734

-25,283

1988-89

103,748

96,163

7,585

35,532

-27,947

314,614

2,755

-25,192

1989-90

112,930

100,827

12,103

41,246

-29,143

343,757

10,561

-18,582

1990-91

116,326

105,191

11,135

45,034

-33,899

377,656

5,615

-28,284

1991-92

122,842

111,300

11,542

43,861

-32,319

409,975

2,542

-29,777

1992-93

120,287

117,974

2,313

41,332

-39,019

448,994

10,270

-28,749

1993-94

116,040

114,471

1,569

40,099

-38,530

487,524

6,147

-32,383

1994-95

122,486

114,933

7,553

44,185

-36,632

524,156

8,831

-27,801

1995-96

131,397

111,996

19,401

49,407

-30,006

554,162

9,071

-20,935

1996-97

140,853

102,260

38,593

47,281

-8,688

562,850

2,464

-6,224

1997-98

152,116

106,864

45,252

43,120

2,132

560,718

8,956

11,088

1998-99

156,146

109,995

46,151

43,303

2,847

557,871

2,329

5,176

1999-00

166,112

109,583

56,529

43,384

13,145

544,726

-5,293

7,852

2000-01

182,748

118,694

64,054

43,892

20,162

524,564

-8,859

11,303

2001-02

171,688

125,018

46,670

39,651

7,019

517,545

-7,356

-337

2002-03

177,832

133,593

44,239

37,270

6,970

510,576

631

7,601

2003-04

186,207

141,355

44,852

35,769

9,083

501,493

-2,838

6,245


Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 are not directly comparable with earlier years.

Table 2
Fiscal transactions


Year

Budgetary revenues

Program expenses

Operating surplus or deficit (-)

Public debt charges

Budgetary surplus or deficit (-)

Accumulated deficit

Non- budgetary transactions

Financial requirements (-)/source


 

(per cent of GDP)

1961-62

15.7

16.1

-0.4

2.0

-2.4

36.0

0.8

-1.6

1962-63

14.9

14.8

0.2

2.0

-1.9

35.1

-1.5

-3.4

1963-64

14.8

15.2

-0.4

2.1

-2.5

35.2

1.9

-0.6

1964-65

15.6

14.4

1.3

2.0

-0.7

32.8

0.0

-0.7

1965-66

15.6

13.7

2.0

1.9

0.0

29.7

-0.1

-0.1

1966-67

15.2

14.1

1.1

1.8

-0.7

27.3

0.1

-0.6

1967-68

15.4

15.1

0.3

1.8

-1.5

26.9

0.7

-0.8

1968-69

15.8

14.8

1.0

1.9

-0.9

25.5

-1.6

-2.4

1969-70

17.2

15.0

2.2

2.0

0.2

23.0

-0.4

-0.2

1970-71

16.6

15.6

1.0

2.1

-1.1

22.5

-1.4

-2.6

1971-72

16.9

16.6

0.3

2.1

-1.8

22.4

-0.3

-2.1

1972-73

17.5

17.1

0.4

2.1

-1.7

21.8

0.5

-1.3

1973-74

17.4

17.1

0.3

2.0

-1.7

20.3

0.7

-1.0

1974-75

19.0

18.3

0.7

2.1

-1.4

18.4

0.5

-1.0

1975-76

18.2

19.5

-1.3

2.3

-3.6

19.9

0.8

-2.7

1976-77

17.2

18.3

-1.1

2.4

-3.4

20.8

1.3

-2.1

1977-78

15.7

18.1

-2.4

2.5

-4.9

23.7

1.2

-3.7

1978-79

15.1

17.6

-2.5

2.9

-5.3

26.7

0.0

-5.3

1979-80

15.0

16.3

-1.2

3.0

-4.3

27.7

1.4

-2.9

1980-81

15.5

16.8

-1.2

3.4

-4.6

29.2

1.8

-2.8

1981-82

16.7

16.9

-0.2

4.2

-4.3

29.9

1.8

-2.6

1982-83

16.0

19.2

-3.2

4.4

-7.6

36.0

0.7

-7.0


1983-84

15.5

18.4

-2.9

5.0

-7.9

38.2

1.9

-6.0

1984-85

15.7

18.5

-2.7

5.5

-8.3

43.2

1.5

-6.8

1985-86

15.7

16.9

-1.2

5.7

-6.9

46.9

0.8

-6.1

1986-87

16.6

16.9

-0.2

5.6

-5.8

50.3

0.5

-5.4

1987-88

17.1

16.7

0.4

5.6

-5.2

51.3

0.7

-4.5

1988-89

16.9

15.7

1.2

5.8

-4.6

51.3

0.4

-4.1

1989-90

17.2

15.3

1.8

6.3

-4.4

52.3

1.6

-2.8

1990-91

17.1

15.5

1.6

6.6

-5.0

55.5

0.8

-4.2

1991-92

17.9

16.2

1.7

6.4

-4.7

59.8

0.4

-4.3

1992-93

17.2

16.8

0.3

5.9

-5.6

64.1

1.5

-4.1

1993-94

16.0

15.7

0.2

5.5

-5.3

67.0

0.8

-4.5

1994-95

15.9

14.9

1.0

5.7

-4.8

68.0

1.1

-3.6

1995-96

16.2

13.8

2.4

6.1

-3.7

68.4

1.1

-2.6

1996-97

16.8

12.2

4.6

5.6

-1.0

67.3

0.3

-0.7

1997-98

17.2

12.1

5.1

4.9

0.2

63.5

1.0

1.3

1998-99

17.1

12.0

5.0

4.7

0.3

61.0

0.3

0.6

1999-00

16.9

11.2

5.8

4.4

1.3

55.4

-0.5

0.8

2000-01

17.0

11.0

5.9

4.1

1.9

48.7

-0.8

1.0

2001-02

15.5

11.3

4.2

3.6

0.6

46.7

-0.7

0.0

2002-03

15.4

11.5

3.8

3.2

0.6

44.1

0.1

0.7

2003-04

15.3

11.6

3.7

2.9

0.7

41.1

-0.2

0.5


Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 are not directly comparable with earlier years.

Table 3
Budgetary revenues


 

Tax revenues

 

 


Year

Personal income tax

Corporate income tax

Other income tax

Excise taxes and duties

Total tax revenues

Employment insurance premiums

Other revenues

Total budgetary revenues


 

(millions of dollars)

1961-62

2,052

1,302

197

2,204

5,755

278

435

6,468

1962-63

2,018

1,298

216

2,395

5,927

285

450

6,662

1963-64

2,168

1,375

216

2,525

6,284

296

519

7,099

1964-65

2,535

1,669

233

2,890

7,327

310

583

8,220

1965-66

2,637

1,759

278

3,344

8,018

327

718

9,063

1966-67

3,050

1,743

305

3,628

8,726

343

791

9,860

1967-68

3,650

1,821

323

3,718

9,512

346

887

10,745

1968-69

4,334

2,213

318

3,747

10,612

432

1,003

12,047

1969-70

5,588

2,839

349

4,009

12,785

490

1,124

14,399

1970-71

6,395

2,426

378

4,060

13,259

493

1,230

14,982

1971-72

7,227

2,396

420

4,637

14,680

569

1,370

16,619

1972-73

8,378

2,920

353

5,272

16,923

745

1,537

19,205

1973-74

9,226

3,710

338

6,355

19,629

1,001

1,800

22,430

1974-75

11,710

4,836

434

8,506

25,486

1,585

2,180

29,251

1975-76

12,709

5,748

493

8,143

27,093

2,039

2,525

31,657

1976-77

14,634

5,363

521

8,637

29,155

2,470

2,783

34,408

1977-78

13,988

5,280

569

9,123

28,960

2,537

3,129

34,626

1978-79

14,656

5,654

645

9,697

30,652

2,783

3,539

36,974

1979-80

16,808

6,951

883

10,215

34,857

2,778

4,394

42,029

1980-81

19,837

8,106

966

11,661

40,570

3,303

4,994

48,867

1981-82

24,046

8,118

1,138

15,843

49,145

4,753

6,409

60,307

1982-83

26,330

7,139

1,130

15,776

50,375

4,900

5,387

60,662


1983-84

26,530

7,174

908

16,215

50,827

7,229

5,896

63,952

1984-85

28,455

9,234

1,021

18,177

56,887

7,676

6,120

70,683

1985-86

32,238

9,068

1,053

19,491

61,850

8,630

5,950

76,430

1986-87

36,733

9,732

1,355

21,049

68,869

9,667

6,775

85,311

1987-88

42,422

10,710

1,162

22,941

77,235

10,602

7,725

95,562

1988-89

45,456

11,549

1,578

25,771

84,354

11,107

8,287

103,748

1989-90

50,584

12,820

1,361

28,155

92,920

10,727

9,283

112,930

1990-91

56,201

11,545

1,372

24,067

93,185

12,551

10,590

116,326

1991-92

59,687

9,215

1,261

27,308

97,471

15,338

10,033

122,842

1992-93

56,975

7,095

1,191

26,771

92,032

17,576

10,679

120,287

1993-94

49,977

9,098

1,533

26,940

87,548

19,298

9,194

116,040

1994-95

55,326

10,969

1,700

27,457

95,452

18,293

8,741

122,486

1995-96

58,834

15,372

1,882

27,251

103,339

19,089

8,969

131,397

1996-97

62,557

16,235

2,671

29,204

110,667

19,949

10,237

140,853

1997-98

69,597

21,179

1,999

31,146

123,921

19,242

8,953

152,116

1998-99

72,179

21,213

2,208

31,717

127,317

19,064

9,765

156,146

1999-00

79,070

22,115

2,646

33,298

137,129

18,628

10,355

166,112

2000-01

85,879

28,293

2,982

35,769

152,923

18,655

11,170

182,748

2001-02

79,501

24,242

2,925

37,133

143,801

17,637

10,250

171,688

2002-03

81,707

22,222

3,291

41,357

148,577

17,870

11,385

177,832

2003-04

84,895

27,431

3,142

41,365

156,833

17,546

11,828

186,207


Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 are not directly comparable with earlier years.

Table 4
Budgetary revenues


 

Tax revenues

 

 

 


Year

Personal income tax

Corporate income tax

Other income tax

Excise taxes and duties

Total tax revenues

Employment insurance premiums

Total non-tax revenues

Total budgetary revenues


 

(per cent of GDP)

1961-62

5.0

3.2

0.5

5.4

14.0

0.7

1.1

15.7

1962-63

4.5

2.9

0.5

5.4

13.3

0.6

1.0

14.9

1963-64

4.5

2.9

0.5

5.3

13.1

0.6

1.1

14.8

1964-65

4.8

3.2

0.4

5.5

13.9

0.6

1.1

15.6

1965-66

4.6

3.0

0.5

5.8

13.8

0.6

1.2

15.6

1966-67

4.7

2.7

0.5

5.6

13.5

0.5

1.2

15.2

1967-68

5.2

2.6

0.5

5.3

13.6

0.5

1.3

15.4

1968-69

5.7

2.9

0.4

4.9

13.9

0.6

1.3

15.8

1969-70

6.7

3.4

0.4

4.8

15.3

0.6

1.3

17.2

1970-71

7.1

2.7

0.4

4.5

14.7

0.5

1.4

16.6

1971-72

7.3

2.4

0.4

4.7

14.9

0.6

1.4

16.9

1972-73

7.6

2.7

0.3

4.8

15.4

0.7

1.4

17.5

1973-74

7.2

2.9

0.3

4.9

15.2

0.8

1.4

17.4

1974-75

7.6

3.1

0.3

5.5

16.5

1.0

1.4

19.0

1975-76

7.3

3.3

0.3

4.7

15.6

1.2

1.5

18.2

1976-77

7.3

2.7

0.3

4.3

14.6

1.2

1.4

17.2

1977-78

6.3

2.4

0.3

4.1

13.1

1.1

1.4

15.7

1978-79

6.0

2.3

0.3

4.0

12.5

1.1

1.4

15.1

1979-80

6.0

2.5

0.3

3.7

12.5

1.0

1.6

15.0

1980-81

6.3

2.6

0.3

3.7

12.9

1.1

1.6

15.5

1981-82

6.7

2.3

0.3

4.4

13.6

1.3

1.8

16.7

1982-83

6.9

1.9

0.3

4.2

13.3

1.3

1.4

16.0


1983-84

6.4

1.7

0.2

3.9

12.4

1.8

1.4

15.5

1984-85

6.3

2.1

0.2

4.0

12.7

1.7

1.4

15.7

1985-86

6.6

1.9

0.2

4.0

12.7

1.8

1.2

15.7

1986-87

7.2

1.9

0.3

4.1

13.4

1.9

1.3

16.6

1987-88

7.6

1.9

0.2

4.1

13.8

1.9

1.4

17.1

1988-89

7.4

1.9

0.3

4.2

13.8

1.8

1.4

16.9

1989-90

7.7

1.9

0.2

4.3

14.1

1.6

1.4

17.2

1990-91

8.3

1.7

0.2

3.5

13.7

1.8

1.6

17.1

1991-92

8.7

1.3

0.2

4.0

14.2

2.2

1.5

17.9

1992-93

8.1

1.0

0.2

3.8

13.1

2.5

1.5

17.2

1993-94

6.9

1.3

0.2

3.7

12.0

2.7

1.3

16.0

1994-95

7.2

1.4

0.2

3.6

12.4

2.4

1.1

15.9

1995-96

7.3

1.9

0.2

3.4

12.8

2.4

1.1

16.2

1996-97

7.5

1.9

0.3

3.5

13.2

2.4

1.2

16.8

1997-98

7.9

2.4

0.2

3.5

14.0

2.2

1.0

17.2

1998-99

7.9

2.3

0.2

3.5

13.9

2.1

1.1

17.1

1999-00

8.0

2.3

0.3

3.4

14.0

1.9

1.1

16.9

2000-01

8.0

2.6

0.3

3.3

14.2

1.7

1.0

17.0

2001-02

7.2

2.2

0.3

3.4

13.0

1.6

0.9

15.5

2002-03

7.1

1.9

0.3

3.6

12.8

1.5

1.0

15.4

2003-04

7.0

2.3

0.3

3.4

12.9

1.4

1.0

15.3


Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 are not directly comparable with earlier years.

Table 5
Budgetary revenues


 

Tax revenues

 

 

 


Year

Personal income tax

Corporate income tax

Other income tax

Excise taxes and duties

Total tax revenues

Employment insurance premiums

Other revenues

Total budgetary revenues


 

(per cent of total)

1961-62

31.7

20.1

3.0

34.1

89.0

4.3

6.7

100.0

1962-63

30.3

19.5

3.2

36.0

89.0

4.3

6.8

100.0

1963-64

30.5

19.4

3.0

35.6

88.5

4.2

7.3

100.0

1964-65

30.8

20.3

2.8

35.2

89.1

3.8

7.1

100.0

1965-66

29.1

19.4

3.1

36.9

88.5

3.6

7.9

100.0

1966-67

30.9

17.7

3.1

36.8

88.5

3.5

8.0

100.0

1967-68

34.0

16.9

3.0

34.6

88.5

3.2

8.3

100.0

1968-69

36.0

18.4

2.6

31.1

88.1

3.6

8.3

100.0

1969-70

38.8

19.7

2.4

27.8

88.8

3.4

7.8

100.0

1970-71

42.7

16.2

2.5

27.1

88.5

3.3

8.2

100.0

1971-72

43.5

14.4

2.5

27.9

88.3

3.4

8.2

100.0

1972-73

43.6

15.2

1.8

27.5

88.1

3.9

8.0

100.0

1973-74

41.1

16.5

1.5

28.3

87.5

4.5

8.0

100.0

1974-75

40.0

16.5

1.5

29.1

87.1

5.4

7.5

100.0

1975-76

40.1

18.2

1.6

25.7

85.6

6.4

8.0

100.0

1976-77

42.5

15.6

1.5

25.1

84.7

7.2

8.1

100.0

1977-78

40.4

15.2

1.6

26.3

83.6

7.3

9.0

100.0

1978-79

39.6

15.3

1.7

26.2

82.9

7.5

9.6

100.0

1979-80

40.0

16.5

2.1

24.3

82.9

6.6

10.5

100.0

1980-81

40.6

16.6

2.0

23.9

83.0

6.8

10.2

100.0

1981-82

39.9

13.5

1.9

26.3

81.5

7.9

10.6

100.0

1982-83

43.4

11.8

1.9

26.0

83.0

8.1

8.9

100.0


1983-84

41.5

11.2

1.4

25.4

79.5

11.3

9.2

100.0

1984-85

40.3

13.1

1.4

25.7

80.5

10.9

8.7

100.0

1985-86

42.2

11.9

1.4

25.5

80.9

11.3

7.8

100.0

1986-87

43.1

11.4

1.6

24.7

80.7

11.3

7.9

100.0

1987-88

44.4

11.2

1.2

24.0

80.8

11.1

8.1

100.0

1988-89

43.8

11.1

1.5

24.8

81.3

10.7

8.0

100.0

1989-90

44.8

11.4

1.2

24.9

82.3

9.5

8.2

100.0

1990-91

48.3

9.9

1.2

20.7

80.1

10.8

9.1

100.0

1991-92

48.6

7.5

1.0

22.2

79.3

12.5

8.2

100.0

1992-93

47.4

5.9

1.0

22.3

76.5

14.6

8.9

100.0

1993-94

43.1

7.8

1.3

23.2

75.4

16.6

7.9

100.0

1994-95

45.2

9.0

1.4

22.4

77.9

14.9

7.1

100.0

1995-96

44.8

11.7

1.4

20.7

78.6

14.5

6.8

100.0

1996-97

44.4

11.5

1.9

20.7

78.6

14.2

7.3

100.0

1997-98

45.8

13.9

1.3

20.5

81.5

12.6

5.9

100.0

1998-99

46.2

13.6

1.4

20.3

81.5

12.2

6.3

100.0

1999-00

47.6

13.3

1.6

20.0

82.6

11.2

6.2

100.0

2000-01

47.0

15.5

1.6

19.6

83.7

10.2

6.1

100.0

2001-02

46.3

14.1

1.7

21.6

83.8

10.3

6.0

100.0

2002-03

45.9

12.5

1.9

23.3

83.5

10.0

6.4

100.0

2003-04

45.6

14.7

1.7

22.2

84.2

9.4

6.4

100.0


Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 are not directly comparable with earlier years.

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Last Updated: 2004-10-12

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