Federal Fiscal Balances

The Finances of the Nation Federal Fiscal Balances data reports the distribution of federal revenue and spending across provinces from 1961 to 2020. The precise methodology is described in Tombe (2018), “Final and Unalterable – But Up for Negotiation: Federal-Provincial Transfers in Canada,” Canadian Tax Journal 66(4): 871-917. Download the full data here or the decomposition of adjusted balances here.

Notes

  • Fiscal Balance is the raw difference between revenue and expenditures of the federal government in a province, including payments to and disbursements from the Canada Pension Plan
  • The “Adjusted Balance” reflects the extent to which federal finances are redistributive away from or towards a province by measuring its budget balance relative to the per capita national average. This corrects for aggregate differences in federal revenue and expenditures