Budgets Show Mixed Messages: Canada’s Three-Year Government Outlook

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Budgets Show Mixed Messages: Canada’s Three-Year Government Outlook

Pages:14 pages12 min read

Author: The Conference Board of Canada


This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on government. For an overview of all major components of the economy, go to the Canadian Outlook main page.

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This quarter, we examine the effect of healthcare costs, resource prices, and deficits on government revenues and planned spending.

Revenues for both federal and provincial governments are expected to moderate, but by how much do estimates differ? What are the downside risks to the fiscal outlooks? We share our outlook for government consumption and investment, including medium-term projections for the federal, provincial, and municipal levels of government.

Read the issue briefing to get our full analysis.

Key findings
Government Snapshot
Federal outlook
Provincial and city outlook
What it all means for GDP: A smaller role for government

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