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Federal spending, fiscal year 2024–25

$543.3B

Total expenses, excluding net actuarial losses. This year is reported as actual and matches the audited Public Accounts of Canada.

Revenue
$511.0B
Budgetary deficit
$36.3BAfter net actuarial losses
Federal debt
$1,266.5BAccumulated deficit
Debt service
$53.4B10¢ of each revenue dollar

Basis: Budget 2025 fiscal tables (accrual). Source: budget tables, retrieved 2026-10-30.

Where the money goes

Each block is a line in the federal budget tables. Select one for detail, or switch to the revenue-to-spending view.

Basis: budget fiscal tables (accrual). Revenue, program spending and debt charges as laid out in the budget.

2024–25 · billions of dollars · area is proportional to spending

Elderly benefits: $80.3BCanada Child Benefit: $28.6BEmployment Insurance benefits: $24.9BPollution pricing proceeds returned: $15.6BOther direct program expenses: $130.5BCanada Health Transfer: $52.1BEqualization: $25.3BCanada Social Transfer: $16.9BEarly learning and child care: $6.6BTerritorial Formula Financing: $5.2BHealth agreements: $4.3BCanada Community-Building Fund: $2.4BOther transfer payments: $107.1BPublic debt charges: $53.4B
  • Transfers to persons
  • Transfers to provinces, territories and municipalities
  • Other transfer payments
  • Operating and other direct program expenses
  • Public debt charges

Not drawn (negative amounts netted into the total): COVID-19 income support for workers -$2.2B; Other fiscal arrangements -$7.6B.

Select a block to see its amount, share of the total, change from the prior year and a plain-language description.

Your share: cost per taxpayer

Each line of spending divided by the number of tax filers or people. An allocation of cost, not a tax bill.

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Regional view

Federal transfers and benefits that the Public Accounts allocate to a province or territory.

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