Budget, Estimates and Public Accounts: Different Jobs
Canada’s federal budget, spending estimates and Public Accounts are connected documents, not competing versions of one report.
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Read the Reports
How budgets, estimates, fiscal monitors and audited public accounts fit together.
How to Read Canada’s Monthly Fiscal Monitor
The Fiscal Monitor gives timely federal results, but year-to-date figures are not the same as final audited annual results.
Read guideFederal Deficit Forecasts vs Actual Results
A projected deficit can change several times before the audited result is known. That does not make every change suspicious.
Read guideWhy Accounting Adjustments Change Federal Debt
Remeasurement gains, losses and accrual entries help explain why debt can change by a different amount than the headline deficit.
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