Government Revenues in Canada decreased to 37733 CAD Million in August from 42607 CAD Million in July of 2025. This dataset provides - Canada Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This table contains 1144 series, with data for years 1989 - 31-MAR-09 not all combinations necessarily have data for all years), and was last released on 2009-08-28. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Newfoundland and Labrador;Nova Scotia;Prince Edward Island ...), Government sectors (2 items: Federal general government;Provincial and territorial general government ...), Revenue and expenditure (147 items: Total revenue;Own source revenue;Income taxes;Personal income taxes ...).

Key information about Canada Tax revenue: % of GDP

• Canada Tax revenue: % of GDP was reported at 13.0 % in Dec 2024.
• This records an increase from the previous number of 11.4 % for Sep 2024.
• Canada Tax revenue: % of GDP data is updated quarterly, averaging 12.4 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 16.1 % in Jun 1998 and a record low of 9.8 % in Sep 2013.
• Canada Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Department of Finance Canada provides Tax Revenue in local currency. Statistics Canada provides Nominal GDP in local currency.

Canada: Tax revenue, percent of GDP: The latest value from 2023 is 13.81 percent, an increase from 12.66 percent in 2022. In comparison, the world average is 17.30 percent, based on data from 87 countries. Historically, the average for Canada from 1990 to 2023 is 13.22 percent. The minimum value, 11.62 percent, was reached in 2013 while the maximum of 14.86 percent was recorded in 2000.

Revenue, expenditure and budgetary balance of 7 levels of general governments, by province and territory.

The quarterly revenue of the Canadian government increased overall between 2013 and 2022. In the fourth quarter of 2022, the Canadian government's revenue amounted to 285.04 billion Canadian dollars.

Between 2013 and 2022, the quarterly consolidated revenue of the Canadian government increased overall. The sector that registered the highest revenue was the provincial and territorial government throughout the whole period considered. In the fourth quarter of 2022, this sector accounted for almost 160 billion Canadian dollars. The federal government's revenue, on the other hand, amounted to over 101 billion Canadian dollars.

Key information about Canada Tax Revenue

• Canada Tax Revenue was reported at 22.369 USD bn in Sep 2025.
• This is a decrease from the previous figure of 22.572 USD bn for Aug 2025.
• Canada Tax Revenue data is updated monthly, averaging 15.422 USD bn from Jan 1996 to Sep 2025, with 357 observations.
• The data reached an all-time high of 30.398 USD bn in Feb 2025 and a record low of 5.257 USD bn in Apr 1996.
• Canada Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

CEIC converts monthly Tax Revenue into USD. The Department of Finance Canada provides Tax Revenue in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Revenue, expenditure and budgetary balance of six levels of general governments.

This table contains 2056 series, with data for years 1989 - 31-MAR-09 not all combinations necessarily have data for all years), and was last released on 2009-08-28. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Nova Scotia;Newfoundland and Labrador;Prince Edward Island ...), Government sectors (6 items: Federal; provincial; territorial and local governments;Federal government;Local and provincial and territorial governments;Provincial and territorial governments ...), Revenue and expenditure (66 items: Total revenue;Personal income taxes;Own source revenue;Income taxes ...).

Actual value and historical data chart for Canada Tax Revenue Percent Of GDP

Canada Government Revenue: Tax: Income Tax: Personal data was reported at 217,696.000 CAD mn in 2024. This records an increase from the previous number of 207,872.000 CAD mn for 2023. Canada Government Revenue: Tax: Income Tax: Personal data is updated yearly, averaging 58,331.000 CAD mn from Mar 1962 (Median) to 2024, with 63 observations. The data reached an all-time high of 217,696.000 CAD mn in 2024 and a record low of 2,018.000 CAD mn in 1963. Canada Government Revenue: Tax: Income Tax: Personal data remains active status in CEIC and is reported by Department of Finance Canada. The data is categorized under Global Database’s Canada – Table CA.F002: Government Revenue and Expenditure: Annual.

This table contains 18241 series, with data for years 2014 - 2014 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (161 items: St. John's, Newfoundland and Labrador; Bay Roberts, Newfoundland and Labrador; Grand Falls-Windsor, Newfoundland and Labrador; Corner Brook, Newfoundland and Labrador; ...); Filing method (3 items: Paper; Netfile; Efile); Major source of income (7 items: Employment; Investment; Pension; Self-employment; ...); Income range (4 items: Less than $25,000; Between $25,000 and $49,999; Between $50,000 and $99,999; $100,000 and Above); Complexity of T1 return (2 items: Simple; Complex) .

Carbon taxes generated an estimated **** billion U.S. dollars in 2024. France's carbon tax accounted for almost a quarter of this revenue, having generated roughly *** billion U.S. dollars that year.

Canada CA: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 14.008 % in 2024. This records an increase from the previous number of 12.826 % for 2023. Canada CA: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 13.293 % from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 14.858 % in 2001 and a record low of 11.624 % in 2014. Canada CA: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;

This table contains 1770 series, with data for years 1988 - 31-DEC-05 not all combinations necessarily have data for all years), and was last released on 2009-08-28. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Newfoundland and Labrador;Nova Scotia;Prince Edward Island ...), Revenue and expenditure (118 items: Total revenue;Own source revenue;Property and related taxes; revenue;Real property taxes; revenue ...).

Canada CA: Revenue and Grants: Revenue: Tax Revenue data was reported at 405,119.000 CAD mn in 2024. This records an increase from the previous number of 360,833.000 CAD mn for 2023. Canada CA: Revenue and Grants: Revenue: Tax Revenue data is updated yearly, averaging 194,408.500 CAD mn from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 405,119.000 CAD mn in 2024 and a record low of 98,150.000 CAD mn in 1991. Canada CA: Revenue and Grants: Revenue: Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;

Actual value and historical data chart for Canada Tax Revenue Current Lcu

Data may not add to the total due to rounding. End of fiscal year closest to December 31st. For 2007 only stocks for balance sheet statement are available, they represent the opening stocks for 2008, the start of the observed period. Consolidation is a method of presenting statistics for a set of units as if they constituted a single unit. In this table, the data is presented for consolidated governments. Consolidation involves the elimination of all transactions and debtor-creditor relationships that occur among the units being consolidated. In other words, a transaction of one unit is paired with the same transaction as recorded for the second unit and both transactions are eliminated. For example, if one provincial and territorial government unit owns a bond issued by a second provincial and territorial government unit located in a different province and data for the two units are being consolidated, then the stocks of bonds held as assets and liabilities are reported as if the bond did not exist. Includes federal government, provincial and territorial governments, health and social service institutions, universities and colleges, municipalities and other local public administrations and, school boards. Does not include the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP). Only the Canada geography dimension is available. Includes provincial and territorial governments, health and social service institutions, universities and colleges, municipalities and other local public administrations and, school boards. The Canada and provincial geography dimension are available. Balance sheet data can be displayed as flows or stocks. Flows are monetary expressions of economic actions that occur within the accounting period. Stocks refer to holdings of assets and liabilities at a specific time - the end of the accounting period. Gross operating balance equals total revenues less expense other than consumption of fixed capital. The net operating balance is a summary measure of the ongoing sustainability of the government operations. Net operating balance equals total revenues less total expenses. Includes the part of the profits of fiscal monopolies transferred to the government. Fiscal monopolies are government business enterprises that exercise the taxing power of government by the use of monopoly powers over the production or distribution of a particular kind of good or service. Typical commodities subject to fiscal monopolies are alcoholic beverages, lotteries and games of chance. Includes racetrack betting taxes, other amusement taxes, taxes on meals and hotels, taxes on insurance premiums, and taxes on specific services not elsewhere classified. Rent should not be confused with the rental of produced assets, which is treated as sales of goods and services. The difference in treatment arises because lessors of produced assets are engaged in a production process whereby they provide services (maintaining inventories, repairing and maintaining the leased assets). In the case of rent, general government units that own land or subsoil assets merely place these assets at the disposal of other units and are not considered to be engaged in productive activity. Mineral royalties for Newfoundland and Labrador include both mining taxes and mineral royalties. Includes other natural resource royalties, natural resource exploration fees and licences, leases of land, rent and property income not elsewhere classified. Miscellaneous revenue includes auto insurance premiums, drug plan premiums and revenue not elsewhere classified. It may also include the consolidation statistical discrepancy. This discrepancy reflects differences between paired transactions (e.g. grant revenue and grant expense) and must be recorded in the statement of operation in order to preserve the operating balances (gross or net). While in theory, the paired transactions to be consolidated should be of the same value, in practice, they are not always aligned as a result of multiple cause (availability of economic and counterparty classification details, time of recording, different fiscal year end, deferrals, etc.). When paired transactions are eliminated, there must be no impact on the operating balance, therefore a consolidation statistical discrepancy is recorded in revenue or expense, depending on the situation. Canadian Government Finance Statistics (CGFS) estimates for compensation of employees and use of goods and services are adjusted to account for the capitalisation of research and development expenses using data from the Canadian System of Macroeconomic Accounts (CSMA). This memorandum item provides the amounts capitalised for research and development to facilitate comparison with the Public Accounts. Within the Canadian Government Finance Statistics system (CGFS), the value of nonfinancial assets and related consumption of fixed capital is estimated using the Canadian System of Macroeconomic Accounts (CSMA) perpetual inventory method (PIM). The results of the PIM model can differ substantially from the values found in the public accounting sources of a specific level of government. In order to better understand these differences, the value of nonfinancial assets and related consumption of fixed capital found in the Public Accounts are presented in the memorandum items consumption of fixed capital according to public sector accounts" and "Nonfinancial assets according to public sector accounts". For more information on the PIM model please consult additional information on the survey or statistical program in the CANSIM related information tab." Other miscellaneous current expenses include expenses of insurers and miscellaneous other current expenses not elsewhere classified. They may also include the consolidation statistical discrepancy. This discrepancy reflects differences between paired transactions (e.g. grant revenue and grant expense) and must be recorded in the statement of operation in order to preserve the operating balances (gross or net). While in theory, the paired transactions to be consolidated should be of the same value, in practice, they are not always aligned as a result of multiple cause (availability of economic and counterparty classification details, time of recording, different fiscal year end, deferrals, etc.). When paired transactions are eliminated, there must be no impact on the operating balance, therefore a consolidation statistical discrepancy is recorded in revenue or expense, depending on the situation. Memorandum items provide supplemental information or alternative presentation of related items, but the memorandum items amounts are not included in Canadian Government Finance Statistics (CGFS) structure and totals. Total expenditures equals expense plus the net acquisition of nonfinancial assets less consumption of fixed capital. The current CANSIM table does not include total expenditures as integration work is underway. The balance sheet records the stocks of assets, liabilities, and the net worth for each accounting period. Net worth is defined as the total assets less total liabilities and is an important measure for assessing the sustainability of fiscal activities. The balance sheet components include domestic and foreign counterparts. The net financial worth position equals total stock of financial assets minus liabilities. Includes the following assets: securities repurchase agreement (repo), financial derivatives, taxes receivable, interest receivable, other accounts receivable, deposits, prepaid expenses, other financial assets not elsewhere classified and related allowances. Includes the following liabilities: securities repurchase agreement (repo), financial derivatives, taxes payable, interest payable, other payable, deposits due, deferred revenue and contributions, discounts and premiums on outstanding debt, other liabilities not elsewhere classified and related allowances. In the Canadian Government Finance Statistics system (CGFS), liabilities are valued at current market prices, but this memorandum item provides the alternate nominal value. The nominal valuation only differs from the current market prices in the case of debt securities. The nominal value is the amount that the debtor owes to the creditor at any moment. It reflects the value of the instrument at creation and subsequent economic flows, such as transactions, valuation changes (excluding market price changes), and other changes, such as debt forgiveness. Conceptually, the nominal value is equal to the required future payments of principal and interest discounted at the existing contractual interest rate. Nominal value is not necessarily face value, which is the undiscounted amount of principal to be repaid. The Quebec Abatement consists of a reduction of 16.5 percentage points of federal personal income tax for all tax filers in Quebec. This Abatement is the sum of the Alternative Payments for Standing Programs and the Youth Allowances Recovery. The Government of Canada reduced, or “abated”, personal income tax while Quebec increased its personal income taxes by an equivalent amount. In the Canadian government finance statistics framework, Quebec receive the value of these extra tax points through its own income tax system under the “Taxes on income, profits and capital gains payable by individuals” category, while other provinces receive the corresponding amounts in cash under the “Grants from general government units” category. This memorandum item presents the Abatement as calculated by the Ministère des finances du Québec and facilitate comparisons, between provinces, of tax revenue and Grants. An extensive review of subsidies classification in the Canadian System of Macroeconomic Accounts has determined that several entries in source data should be reclassified as subsidies on production, from subsidies on products. The reclassification is based on the interpretation of subsidies as per the 2008 System of

If Trump's proposed tariffs are imposed on Mexico, Canada, and China, the United States' federal tax revenue would increase by an estimated 106 billion U.S. dollars, making up about 0.35 percent of the nation's GDP.