Claim in the Record
OBSERVEDAdded to the Record 2026-07-13Featured in a product
Thirteen consecutive federal deficit quarters
The claim
Federal budgetary balance (National Accounts basis, SAAR): 13 consecutive quarters at a negative level
Federal budgetary balance (National Accounts basis, SAAR) has been negative for 13 consecutive quarters, beginning in 2023 Q2. The latest reading is −$57,964,000,000 in 2026 Q2. A streak counts consecutive periods in one direction; it carries no causal claim and does not imply the run will continue.
Method
Count consecutive quarters with a negative level, most recent backward; reported only from 6 consecutive quarters onward.
Key sources and licences
- Revenue, expenditure and budgetary balance, general governments, quarterly (National Accounts basis) — Statistics Canada Licence text read in full
| Added to the Record | 2026-07-13 |
|---|---|
| How it is used | Featured in a product |
| Where it appears | Featured in the fiscal domain story — federal fiscal room is under sustained pressure — and in the Canadian Capacity Monitor's fiscal room row. |
| What would change it | A surplus quarter in the government finance statistics, or a revision that reclassifies a quarter within the streak. |
| Corrections | None on record for this claim — policy → |
Technical details
| Record ID | R2-streak:fiscal_balance_q |
|---|---|
| Detection rule | R2-streak |
| Indicator | fiscal_balance_q |
Every figure this Receipt covers can be reproduced from the named public sources under Countability's published method. If a correction is ever needed, it produces a new dated version rather than editing this one.