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Fiscal Reference Tables : 1
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Federal Government Public Accounts

Table 1
Fiscal transactions (millions of dollars)

Year	Budgetary revenues	Program expenses	Operating surplus or deficit (-)	Public debt charges	Budgetary surplus or deficit (-)	Other comprehensive income	Accumulated deficit	Non-budgetary transactions	Financial requirement (-)/ source


	(millions of dollars)
1961-62	6,506	6,668	-162	832	-994		14,825	207	-787
1962-63	6,707	6,640	67	915	-848		15,673	-657	-1,505
1963-64	7,159	7,365	-205	993	-1,198		16,871	895	-303
1964-65	8,303	7,625	678	1,050	-372		17,243	-18	-390
1965-66	9,135	8,005	1,130	1,110	20		17,223	-83	-63
1966-67	9,974	9,278	696	1,182	-486		17,708	87	-399
1967-68	10,925	10,681	244	1,286	-1,042		18,750	508	-534
1968-69	12,320	11,522	797	1,464	-667		19,417	-1,167	-1,834
1969-70	14,755	12,922	1,833	1,694	139		19,277	-283	-144
1970-71	15,387	14,516	871	1,887	-1,016		20,293	-1,309	-2,326
1971-72	17,119	16,795	324	2,110	-1,786		22,079	-263	-2,049
1972-73	19,808	19,409	398	2,300	-1,902		23,980	501	-1,400
1973-74	22,997	22,643	354	2,565	-2,211		26,191	893	-1,318
1974-75	29,965	28,952	1,013	3,238	-2,225		28,416	762	-1,462
1975-76	32,440	34,675	-2,235	3,970	-6,205		34,620	1,502	-4,703
1976-77	35,283	37,471	-2,188	4,708	-6,896		41,517	2,489	-4,407
1977-78	35,633	40,981	-5,348	5,531	-10,879		52,396	2,816	-8,063
1978-79	38,214	44,220	-6,006	7,024	-13,030		65,425	104	-12,926
1979-80	43,310	46,783	-3,473	8,494	-11,967		77,392	4,075	-7,893
1980-81	53,181	57,079	-3,898	10,658	-14,556		91,948	5,845	-8,711
1981-82	67,289	67,849	-560	15,114	-15,674		107,622	6,250	-9,425
1982-83	67,430	79,576	-12,146	16,903	-29,049		136,671	2,698	-26,351

1983-84	65,261	77,194	-11,933	20,430	-32,363		157,252	8,185	-24,178
1984-85	71,999	84,279	-12,280	24,887	-37,167		194,419	7,166	-30,001
1985-86	77,742	83,474	-5,732	27,657	-33,389		227,808	3,870	-29,519
1986-87	86,746	87,870	-1,124	28,718	-29,842		257,650	2,356	-27,486
1987-88	97,215	95,009	2,206	31,223	-29,017		286,667	4,225	-24,792
1988-89	106,349	98,764	7,585	35,532	-27,947		314,614	4,016	-23,931
1989-90	115,887	103,784	12,103	41,246	-29,143		343,757	11,324	-17,819
1990-91	119,685	108,550	11,135	45,034	-33,899		377,656	5,888	-28,011
1991-92	126,086	114,544	11,542	43,861	-32,319		409,975	1,566	-30,753
1992-93	124,486	122,173	2,313	41,332	-39,019		448,994	11,100	-27,919
1993-94	123,873	122,304	1,569	40,099	-38,530		487,524	4,898	-33,632
1994-95	130,791	123,238	7,553	44,185	-36,632		524,156	11,147	-25,485
1995-96	140,257	120,856	19,401	49,407	-30,006		554,162	7,392	-22,614
1996-97	149,889	111,327	38,562	47,281	-8,719		562,881	515	-8,204
1997-98	160,864	114,785	46,079	43,120	2,959		559,922	7,566	10,525
1998-99	165,520	116,438	49,082	43,303	5,779		554,143	1,111	6,890
1999-00	176,408	118,766	57,642	43,384	14,258		539,885	-3,231	11,027
2000-01	194,349	130,566	63,783	43,892	19,891		519,994	-11,651	8,240
2001-02	183,930	136,231	47,699	39,651	8,048		511,946	-8,120	-72
2002-03	190,570	146,679	43,891	37,270	6,621		505,325	2,777	9,398
2003-04	198,590	153,676	44,914	35,769	9,145		496,180	-1,542	7,603
2004-05	211,943	176,362	35,581	34,118	1,463		494,717	5,140	6,603
2005-06	222,203	175,213	46,990	33,772	13,218		481,499	-6,409	6,809
2006-07	235,966	188,269	47,697	33,945	13,752	479	467,268	-5,248	8,504
2007-08	242,420	199,498	42,922	33,325	9,597	34	457,637	4,931	14,528

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

Table 2
Fiscal transactions (per cent of GDP)

Year	Budgetary revenues	Program expenses	Operating surplus or deficit (-)	Public debt charges	Budgetary surplus or deficit (-)	Other comprehensive income	Accumulated deficit	Non-budgetary transactions	Financial requirement (-)/ source


	(per cent of GDP)
1961-62	15.8	16.2	-0.4	2.0	-2.4		36.0	0.5	-1.9
1962-63	15.0	14.9	0.2	2.0	-1.9		35.1	-1.5	-3.4
1963-64	14.9	15.4	-0.4	2.1	-2.5		35.2	1.9	-0.6
1964-65	15.8	14.5	1.3	2.0	-0.7		32.8	0.0	-0.7
1965-66	15.8	13.8	2.0	1.9	0.0		29.7	-0.1	-0.1
1966-67	15.4	14.3	1.1	1.8	-0.7		27.3	0.1	-0.6
1967-68	15.7	15.3	0.3	1.8	-1.5		26.9	0.7	-0.8
1968-69	16.2	15.1	1.0	1.9	-0.9		25.5	-1.5	-2.4
1969-70	17.6	15.4	2.2	2.0	0.2		23.0	-0.3	-0.2
1970-71	17.1	16.1	1.0	2.1	-1.1		22.5	-1.5	-2.6
1971-72	17.4	17.1	0.3	2.1	-1.8		22.4	-0.3	-2.1
1972-73	18.0	17.7	0.4	2.1	-1.7		21.8	0.5	-1.3
1973-74	17.8	17.6	0.3	2.0	-1.7		20.3	0.7	-1.0
1974-75	19.5	18.8	0.7	2.1	-1.4		18.4	0.5	-0.9
1975-76	18.7	20.0	-1.3	2.3	-3.6		19.9	0.9	-2.7
1976-77	17.6	18.7	-1.1	2.4	-3.4		20.8	1.2	-2.2
1977-78	16.1	18.5	-2.4	2.5	-4.9		23.7	1.3	-3.6
1978-79	15.6	18.1	-2.5	2.9	-5.3		26.7	0.0	-5.3
1979-80	15.5	16.7	-1.2	3.0	-4.3		27.7	1.5	-2.8
1980-81	16.9	18.2	-1.2	3.4	-4.6		29.2	1.9	-2.8
1981-82	18.7	18.8	-0.2	4.2	-4.3		29.9	1.7	-2.6
1982-83	17.8	20.9	-3.2	4.4	-7.6		36.0	0.7	-6.9

1983-84	15.9	18.8	-2.9	5.0	-7.9		38.2	2.0	-5.9
1984-85	16.0	18.7	-2.7	5.5	-8.3		43.2	1.6	-6.7
1985-86	16.0	17.2	-1.2	5.7	-6.9		46.9	0.8	-6.1
1986-87	16.9	17.1	-0.2	5.6	-5.8		50.3	0.5	-5.4
1987-88	17.4	17.0	0.4	5.6	-5.2		51.3	0.8	-4.4
1988-89	17.3	16.1	1.2	5.8	-4.6		51.3	0.7	-3.9
1989-90	17.6	15.8	1.8	6.3	-4.4		52.3	1.7	-2.7
1990-91	17.6	16.0	1.6	6.6	-5.0		55.5	0.9	-4.1
1991-92	18.4	16.7	1.7	6.4	-4.7		59.8	0.2	-4.5
1992-93	17.8	17.4	0.3	5.9	-5.6		64.1	1.6	-4.0
1993-94	17.0	16.8	0.2	5.5	-5.3		67.0	0.7	-4.6
1994-95	17.0	16.0	1.0	5.7	-4.8		68.0	1.4	-3.3
1995-96	17.3	14.9	2.4	6.1	-3.7		68.4	0.9	-2.8
1996-97	17.9	13.3	4.6	5.6	-1.0		67.3	0.1	-1.0
1997-98	18.2	13.0	5.2	4.9	0.3		63.4	0.9	1.2
1998-99	18.1	12.7	5.4	4.7	0.6		60.6	0.1	0.8
1999-00	18.0	12.1	5.9	4.4	1.5		55.0	-0.3	1.1
2000-01	18.1	12.1	5.9	4.1	1.8		48.3	-1.1	0.8
2001-02	16.6	12.3	4.3	3.6	0.7		46.2	-0.7	0.0
2002-03	16.5	12.7	3.8	3.2	0.6		43.8	0.2	0.8
2003-04	16.4	12.7	3.7	2.9	0.8		40.9	-0.1	0.6
2004-05	16.4	13.7	2.8	2.6	0.1		38.3	0.4	0.5
2005-06	16.2	12.8	3.4	2.5	1.0		35.1	-0.5	0.5
2006-07	16.3	13.0	3.3	2.3	0.9	0.0	32.2	-0.4	0.6
2007-08	15.8	13.0	2.8	2.2	0.6	0.0	29.8	0.3	0.9

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

Table 3
Budgetary revenues (millions of dollars)

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

	Tax revenues


	(millions of dollars)
1961-62	2,052	1,302	197	2,204	5,755	278	473	6,506
1962-63	2,018	1,298	216	2,395	5,927	285	495	6,707
1963-64	2,168	1,375	216	2,525	6,284	296	579	7,159
1964-65	2,535	1,669	233	2,890	7,327	310	666	8,303
1965-66	2,637	1,759	278	3,344	8,018	327	790	9,135
1966-67	3,050	1,743	305	3,628	8,726	343	905	9,974
1967-68	3,650	1,821	323	3,718	9,512	346	1,067	10,925
1968-69	4,334	2,213	318	3,747	10,612	432	1,276	12,320
1969-70	5,588	2,839	349	4,009	12,785	490	1,480	14,755
1970-71	6,395	2,426	378	4,060	13,259	493	1,635	15,387
1971-72	7,227	2,396	420	4,637	14,680	569	1,870	17,119
1972-73	8,378	2,920	353	5,272	16,923	745	2,140	19,808
1973-74	9,226	3,710	338	6,355	19,629	1,001	2,367	22,997
1974-75	11,710	4,836	434	8,506	25,486	1,585	2,894	29,965
1975-76	12,709	5,748	493	8,143	27,093	2,039	3,308	32,440
1976-77	14,634	5,363	521	8,637	29,155	2,470	3,658	35,283
1977-78	13,988	5,280	569	9,123	28,960	2,537	4,136	35,633
1978-79	14,656	5,654	645	9,697	30,652	2,783	4,779	38,214
1979-80	16,808	6,951	883	10,215	34,857	2,778	5,675	43,310
1980-81	19,837	8,106	966	11,661	40,570	3,303	9,308	53,181
1981-82	24,046	8,118	1,138	15,843	49,145	4,753	13,391	67,289
1982-83	26,330	7,139	1,130	15,776	50,375	4,900	12,155	67,430

1983-84	26,530	7,174	908	16,215	50,827	7,229	7,205	65,261
1984-85	28,455	9,234	1,021	18,177	56,887	7,676	7,436	71,999
1985-86	32,238	9,068	1,053	19,491	61,850	8,630	7,262	77,742
1986-87	36,733	9,732	1,355	21,049	68,869	9,667	8,210	86,746
1987-88	42,422	10,710	1,162	22,941	77,235	10,602	9,378	97,215
1988-89	45,456	11,549	1,578	25,771	84,354	11,107	10,888	106,349
1989-90	50,584	12,820	1,361	28,155	92,920	10,727	12,240	115,887
1990-91	56,201	11,545	1,372	24,067	93,185	12,551	13,949	119,685
1991-92	59,687	9,215	1,261	27,308	97,471	15,338	13,277	126,086
1992-93	58,331	7,095	1,191	26,771	93,388	17,576	13,522	124,486
1993-94	55,173	9,098	1,533	26,940	92,744	19,298	11,831	123,873
1994-95	60,648	10,969	1,700	27,457	100,774	18,293	11,724	130,791
1995-96	64,049	15,372	1,882	27,251	108,554	19,089	12,614	140,257
1996-97	67,796	16,235	2,671	29,204	115,906	19,949	14,034	149,889
1997-98	74,949	21,179	1,999	31,146	129,273	19,242	12,349	160,864
1998-99	77,894	21,213	2,208	31,717	133,032	19,064	13,424	165,520
1999-00	85,070	22,115	2,646	33,298	143,129	18,628	14,651	176,408
2000-01	92,662	28,293	2,982	35,769	159,706	18,655	15,988	194,349
2001-02	86,972	24,242	2,925	37,133	151,272	17,637	15,021	183,930
2002-03	89,530	22,222	3,291	41,357	156,400	17,870	16,300	190,570
2003-04	92,957	27,431	3,142	41,365	164,895	17,546	16,149	198,590
2004-05	98,521	29,956	3,560	42,857	174,894	17,307	19,742	211,943
2005-06	103,691	31,724	4,529	46,156	186,100	16,535	19,568	222,203
2006-07	110,477	37,745	4,877	45,317	198,416	16,789	20,761	235,966
2007-08	113,063	40,628	5,693	44,207	203,591	16,558	22,271	242,420

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

Table 4
Budgetary revenues (per cent of GDP)

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

	Tax revenues


	(per cent of GDP)
1961-62	5.0	3.2	0.5	5.4	14.0	0.7	1.1	15.8
1962-63	4.5	2.9	0.5	5.4	13.3	0.6	1.1	15.0
1963-64	4.5	2.9	0.5	5.3	13.1	0.6	1.2	14.9
1964-65	4.8	3.2	0.4	5.5	13.9	0.6	1.3	15.8
1965-66	4.6	3.0	0.5	5.8	13.8	0.6	1.4	15.8
1966-67	4.7	2.7	0.5	5.6	13.5	0.5	1.4	15.4
1967-68	5.2	2.6	0.5	5.3	13.6	0.5	1.5	15.7
1968-69	5.7	2.9	0.4	4.9	13.9	0.6	1.7	16.2
1969-70	6.7	3.4	0.4	4.8	15.3	0.6	1.8	17.6
1970-71	7.1	2.7	0.4	4.5	14.7	0.5	1.8	17.1
1971-72	7.3	2.4	0.4	4.7	14.9	0.6	1.9	17.4
1972-73	7.6	2.7	0.3	4.8	15.4	0.7	1.9	18.0
1973-74	7.2	2.9	0.3	4.9	15.2	0.8	1.8	17.8
1974-75	7.6	3.1	0.3	5.5	16.5	1.0	1.9	19.5
1975-76	7.3	3.3	0.3	4.7	15.6	1.2	1.9	18.7
1976-77	7.3	2.7	0.3	4.3	14.6	1.2	1.8	17.6
1977-78	6.3	2.4	0.3	4.1	13.1	1.1	1.9	16.1
1978-79	6.0	2.3	0.3	4.0	12.5	1.1	2.0	15.6
1979-80	6.0	2.5	0.3	3.7	12.5	1.0	2.0	15.5
1980-81	6.3	2.6	0.3	3.7	12.9	1.1	3.0	16.9
1981-82	6.7	2.3	0.3	4.4	13.6	1.3	3.7	18.7
1982-83	6.9	1.9	0.3	4.2	13.3	1.3	3.2	17.8

1983-84	6.4	1.7	0.2	3.9	12.4	1.8	1.8	15.9
1984-85	6.3	2.1	0.2	4.0	12.7	1.7	1.7	16.0
1985-86	6.6	1.9	0.2	4.0	12.7	1.8	1.5	16.0
1986-87	7.2	1.9	0.3	4.1	13.4	1.9	1.6	16.9
1987-88	7.6	1.9	0.2	4.1	13.8	1.9	1.7	17.4
1988-89	7.4	1.9	0.3	4.2	13.8	1.8	1.8	17.3
1989-90	7.7	1.9	0.2	4.3	14.1	1.6	1.9	17.6
1990-91	8.3	1.7	0.2	3.5	13.7	1.8	2.1	17.6
1991-92	8.7	1.3	0.2	4.0	14.2	2.2	1.9	18.4
1992-93	8.3	1.0	0.2	3.8	13.3	2.5	1.9	17.8
1993-94	7.6	1.3	0.2	3.7	12.8	2.7	1.6	17.0
1994-95	7.9	1.4	0.2	3.6	13.1	2.4	1.5	17.0
1995-96	7.9	1.9	0.2	3.4	13.4	2.4	1.6	17.3
1996-97	8.1	1.9	0.3	3.5	13.9	2.4	1.7	17.9
1997-98	8.5	2.4	0.2	3.5	14.6	2.2	1.4	18.2
1998-99	8.5	2.3	0.2	3.5	14.5	2.1	1.5	18.1
1999-00	8.7	2.3	0.3	3.4	14.6	1.9	1.5	18.0
2000-01	8.6	2.6	0.3	3.3	14.8	1.7	1.5	18.1
2001-02	7.8	2.2	0.3	3.4	13.7	1.6	1.4	16.6
2002-03	7.8	1.9	0.3	3.6	13.6	1.5	1.4	16.5
2003-04	7.7	2.3	0.3	3.4	13.6	1.4	1.3	16.4
2004-05	7.6	2.3	0.3	3.3	13.5	1.3	1.5	16.4
2005-06	7.6	2.3	0.3	3.4	13.6	1.2	1.4	16.2
2006-07	7.6	2.6	0.3	3.1	13.7	1.2	1.4	16.3
2007-08	7.4	2.6	0.4	2.9	13.3	1.1	1.5	15.8

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

Table 5
Budgetary revenues (per cent of total)

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

	Tax revenues


	(per cent of total)
1961-62	31.5	20.0	3.0	33.9	88.5	4.3	7.3	100.0
1962-63	30.1	19.4	3.2	35.7	88.4	4.2	7.4	100.0
1963-64	30.3	19.2	3.0	35.3	87.8	4.1	8.1	100.0
1964-65	30.5	20.1	2.8	34.8	88.2	3.7	8.0	100.0
1965-66	28.9	19.3	3.0	36.6	87.8	3.6	8.6	100.0
1966-67	30.6	17.5	3.1	36.4	87.5	3.4	9.1	100.0
1967-68	33.4	16.7	3.0	34.0	87.1	3.2	9.8	100.0
1968-69	35.2	18.0	2.6	30.4	86.1	3.5	10.4	100.0
1969-70	37.9	19.2	2.4	27.2	86.7	3.3	10.0	100.0
1970-71	41.6	15.8	2.5	26.4	86.2	3.2	10.6	100.0
1971-72	42.2	14.0	2.5	27.1	85.8	3.3	10.9	100.0
1972-73	42.3	14.7	1.8	26.6	85.4	3.8	10.8	100.0
1973-74	40.1	16.1	1.5	27.6	85.4	4.4	10.3	100.0
1974-75	39.1	16.1	1.4	28.4	85.1	5.3	9.7	100.0
1975-76	39.2	17.7	1.5	25.1	83.5	6.3	10.2	100.0
1976-77	41.5	15.2	1.5	24.5	82.6	7.0	10.4	100.0
1977-78	39.3	14.8	1.6	25.6	81.3	7.1	11.6	100.0
1978-79	38.4	14.8	1.7	25.4	80.2	7.3	12.5	100.0
1979-80	38.8	16.0	2.0	23.6	80.5	6.4	13.1	100.0
1980-81	37.3	15.2	1.8	21.9	76.3	6.2	17.5	100.0
1981-82	35.7	12.1	1.7	23.5	73.0	7.1	19.9	100.0
1982-83	39.0	10.6	1.7	23.4	74.7	7.3	18.0	100.0

1983-84	40.7	11.0	1.4	24.8	77.9	11.1	11.0	100.0
1984-85	39.5	12.8	1.4	25.2	79.0	10.7	10.3	100.0
1985-86	41.5	11.7	1.4	25.1	79.6	11.1	9.3	100.0
1986-87	42.3	11.2	1.6	24.3	79.4	11.1	9.5	100.0
1987-88	43.6	11.0	1.2	23.6	79.4	10.9	9.6	100.0
1988-89	42.7	10.9	1.5	24.2	79.3	10.4	10.2	100.0
1989-90	43.6	11.1	1.2	24.3	80.2	9.3	10.6	100.0
1990-91	47.0	9.6	1.1	20.1	77.9	10.5	11.7	100.0
1991-92	47.3	7.3	1.0	21.7	77.3	12.2	10.5	100.0
1992-93	46.9	5.7	1.0	21.5	75.0	14.1	10.9	100.0
1993-94	44.5	7.3	1.2	21.7	74.9	15.6	9.6	100.0
1994-95	46.4	8.4	1.3	21.0	77.0	14.0	9.0	100.0
1995-96	45.7	11.0	1.3	19.4	77.4	13.6	9.0	100.0
1996-97	45.2	10.8	1.8	19.5	77.3	13.3	9.4	100.0
1997-98	46.6	13.2	1.2	19.4	80.4	12.0	7.7	100.0
1998-99	47.1	12.8	1.3	19.2	80.4	11.5	8.1	100.0
1999-00	48.2	12.5	1.5	18.9	81.1	10.6	8.3	100.0
2000-01	47.7	14.6	1.5	18.4	82.2	9.6	8.2	100.0
2001-02	47.3	13.2	1.6	20.2	82.2	9.6	8.2	100.0
2002-03	47.0	11.7	1.7	21.7	82.1	9.4	8.6	100.0
2003-04	46.8	13.8	1.6	20.8	83.0	8.8	8.1	100.0
2004-05	46.5	14.1	1.7	20.2	82.5	8.2	9.3	100.0
2005-06	46.7	14.3	2.0	20.8	83.8	7.4	8.8	100.0
2006-07	46.8	16.0	2.1	19.2	84.1	7.1	8.8	100.0
2007-08	46.6	16.8	2.3	18.2	84.0	6.8	9.2	100.0

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

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