Canadian Government Finance Statistics
Summary of changes
Activity on this program started: January 01, 2008
Reference period of change - 2014
Consolidated Canadian Government Finance Statistics data for the period from 2008 to 2014 for revenues and expenses and from 2007 to 2014 for balance sheet stocks was introduced on March 23, 2016. Consolidated Canadian Classification of Functions of Government (CCOFOG) data for the period from 2008 to 2014 was introduced on March 30, 2016.
Consolidation is a method of presenting one overarching statistic for a set of units. It involves eliminating all transactions and debtor-creditor relationships among the units being consolidated. In other words, the transaction of one unit is paired with the same transaction as recorded for the second unit and both transactions are eliminated.
Consolidated data are released for the provincial-territorial and local governments (PTLG), which include provincial and territorial governments, health and social service institutions, universities and colleges, municipalities and other local public administrations, and school boards.
PTLG data can be compared across provinces and territories because consolidation takes into account differences in administrative structure and government service delivery by removing the effects of internal public sector transactions within each jurisdiction.
Consolidated data are also released for the Canadian general government (CGG), which combines federal government data with PTLG data.
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