Government Spending in Canada

Key Highlights

• Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
• The Canadian government spending market recorded expenditure of $931.6 billion in 2024, representing a compound annual growth rate (CAGR) of 5.7% between 2019 and 2024.
• The healthcare segment accounted for the market's largest proportion in 2024, with total expenditure of $178.9 billion, equivalent to 19.2% of the market's overall expenditure.
• The expansion of the Canadian government spending market in 2024 was largely driven by efforts to enhance economic productivity and address labor market challenges. According to Statistics Canada, the youth unemployment rate in Canada increased to 14.2% in December 2024 from 11.5% in December 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Canada
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Canada
• Leading company profiles reveal details of key government spending market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Canada government spending market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Canada government spending market by value in 2024?
• What will be the size of the Canada government spending market in 2029?
• What factors are affecting the strength of competition in the Canada government spending market?
• How has the market performed over the last five years?
• Who are the top competitors in Canada's government spending market?