Federal, Provincial and Municipal Finances Are Different
Canada does not have one single budget covering every public service. Each order of government has its own revenues, responsibilities and debt.
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Across Canada
Federal, provincial, territorial and municipal finances are related—but not interchangeable.
Understanding Provincial and Territorial Debt
Provincial debt finances a different set of responsibilities and should be evaluated using each jurisdiction’s own accounts.
Read guideMunicipal Budgets and Debt in Canada
Municipalities usually separate operating and capital budgets and borrow under provincial rules.
Read guideFederal Transfers and Provincial Budgets
Transfers move money between governments, so consolidated statistics must remove internal flows to avoid counting the same dollars twice.
Read guideWhat “All Canadian Governments” Debt Measures Include
Statistics Canada and international organizations consolidate federal, provincial, territorial and local governments to create economy-wide measures.
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