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  • 标题:Report Highlights
  • 本地全文:下载
  • 期刊名称:Annual Financial Report of the Government of Canada
  • 出版年度:2006
  • 卷号:1
  • 页码:5-5
  • 出版社:Ottawa
  • 摘要:A budgetary surplus of $13.8 billion was recorded in 2006¨C07. Budgetary revenues increased by 6.2 per cent over the prior year. This gain was due to strong growth in income tax revenues, which was only partially offset by a decrease in goods and services tax (GST) revenues due to the impact of the July 1, 2006, GST rate reduction. Program expenses rose by 7.5 per cent as a result of higher transfers to individuals and to other levels of government, as well as higher operating expenses. Public debt charges increased by $0.2 billion, or 0.5 per cent, due to a higher average effective interest rate on the stock of interest-bearing debt.
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