National Gross Domestic Product (GDP) by Income and by Expenditure Accounts
Current transfers of government, value
Current transfers refers to transactions in which one institutional unit provides a good or service to another unit without receiving any good or service directly in return and does not oblige one or both parties to acquire, or dispose of, an asset.
Government refers to unique kinds of legal entities established by political processes that have legislative, judicial or executive authority over other institutional units within a given area. Viewed as institutional units, the principal functions of government are to assume responsibility for the provision of goods and services to the community or to individual households and to finance their provision out of taxation or other incomes; to redistribute income and wealth by means of transfers; and to engage in non-market production.
The data for this variable are reported using the following measurements:
- Canadian dollar at current prices
Data tables
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