Selected Data on Canada's National Accounts
All numbers are millions of dollars.
| Year | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | 111,828 | 122,828 | 128,605 | 133,046 | 133,380 | 131,869 | 139,255 | 145,596 | 155,354 |
| Income Taxes | 61,058 | 69,424 | 73,520 | 73,932 | 71,489 | 69,050 | 75,529 | 81,735 | 88,223 |
| Personal Income Tax | 47,750 | 55,042 | 60,422 | 63,312 | 62,020 | 57,859 | 61,658 | 65,385 | 68,521 |
| Investment Income | 5,523 | 6,012 | 6,766 | 5,833 | 6,026 | 5,370 | 4,626 | 5,232 | 4,536 |
| Expenditures | 138,495 | 150,851 | 160,973 | 171,662 | 173,982 | 172,301 | 175,991 | 178,807 | 168,853 |
| Deficit/Surplus | -26,666 | -28,023 | -32,368 | -38,617 | -40,602 | -40,432 | -36,736 | -33,211 | -13,499 |
Source: Statistics Canada
| Year | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | 168,214 | 172,595 | 184,018 | 197,303 | 195,881 | 195,091 | 203,549 | 216,443 | 229,660 |
| Income Taxes | 101,265 | 103,150 | 112,933 | 122,318 | 120,560 | 114,859 | 123,821 | 133,248 | 144,562 |
| Personal Income Tax | 76,139 | 78,258 | 85,437 | 89,183 | 91,435 | 88,372 | 92,704 | 98,340 | 105,742 |
| Investment Income | 4,710 | 5,549 | 6,328 | 7,060 | 6,952 | 7,485 | 6,839 | 6,572 | 6,613 |
| Expenditures | 163,706 | 169,808 | 177,019 | 188,090 | 188,533 | 193,427 | 201,433 | 211,324 | 216,156 |
| Deficit/Surplus | 4,507 | 2,786 | 6,999 | 9,213 | 7,348 | 1,665 | 2,115 | 5,120 | 13,504 |
As you can see, the $13 billion surplus for 2006 is miniscule compared to the whopping $40 billion deficits of 1993 and 1994.