Government Spending in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. 350
The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other. The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure. The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure. The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditure. The health segments includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure. The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure. Any currency conversions used in the creation of this report have been calculated using constant 2014 annual average exchange rates.
Canadian government expenditure totaled $691.8bn in 2015, representing a compound annual growth rate (CAGR) of 1.5% between 2011 and 2015.
The social protection segment was the market's largest in 2015, with total expenditure of $177.8bn, equivalent to 25.7% of the market's overall value.
The collapse in commodity prices, particularly in the case of oil, made 2015 a difficult year for Canada. The county’s economy grew by just 1.2% in 2015, while it usually grows by at least 2%. However, a policy of fiscal spending to stimulate the economy should see growth in the coming years.
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Leading company profiles reveal details of key government spending market players’ global operations and financial performance
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Macroeconomic indicators provide insight into general trends within the Canada economy
Key Questions Answered
What was the size of the Canada government spending market by value in 2015?
What will be the size of the Canada government spending market in 2020?
What factors are affecting the strength of competition in the Canada government spending market?
How has the market performed over the last five years?
What are the main segments that make up Canada's government spending market?