Even with these new investments, program spending - all spending except interest payments on the debt - will continue to decline as a share of Canada's economy (GDP).

• In 1993-94, program spending equalled 16.6 per cent of GDP.
• For 1998-99, this spending is expected to be down to 12.6 per cent of GDP.
• By 2000-01, program spending should fall further to 12.0 per cent of GDP.

Top of Page