Summary
Government Spending in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
- The Canadian government spending sector had a total expenditure of $289 billion in 2022, representing a compound annual growth rate (CAGR) of 7.6% between 2017 and 2022.
- The healthcare segment accounted for the sector's largest proportion in 2022, with a total expenditure of $79.1 billion, equivalent to 27.4% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, economic conditions, security considerations, public sentiment, and technological advancements. Demographics, including population size and age distribution, shape the need for investments in healthcare, education, and pensions. For instance, according to GlobalData, the total population of Canada increased by 1.8% in 2022 from the previous year.
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 2022?
- What will be the size of the Canada government spending market in 2027?
- 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?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. General Dynamics Corporation
8.2. JD Irving Ltd
8.3. Extendicare Inc.
8.4. Honeywell International Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Canada government spending sector value: $ billion, 2017–22
Table 2: Canada government spending sector category segmentation: % share, by value, 2017–2022
Table 3: Canada government spending sector category segmentation: $ billion, 2017-2022
Table 4: Canada government spending sector geography segmentation: $ billion, 2022
Table 5: Canada government spending sector value forecast: $ billion, 2022–27
Table 6: General Dynamics Corporation: key facts
Table 7: General Dynamics Corporation: Annual Financial Ratios
Table 8: General Dynamics Corporation: Key Employees
Table 9: General Dynamics Corporation: Key Employees Continued
Table 10: JD Irving Ltd: key facts
Table 11: JD Irving Ltd: Key Employees
Table 12: Extendicare Inc.: key facts
Table 13: Extendicare Inc.: Annual Financial Ratios
Table 14: Extendicare Inc.: Key Employees
Table 15: Extendicare Inc.: Key Employees Continued
Table 16: Honeywell International Inc.: key facts
Table 17: Honeywell International Inc.: Annual Financial Ratios
Table 18: Honeywell International Inc.: Key Employees
Table 19: Honeywell International Inc.: Key Employees Continued
Table 20: Canada size of population (million), 2018–22
Table 21: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 22: Canada gdp (current prices, $ billion), 2018–22
Table 23: Canada inflation, 2018–22
Table 24: Canada consumer price index (absolute), 2018–22
Table 25: Canada exchange rate, 2018–22
List of Figures
Figure 1: Canada government spending sector value: $ billion, 2017–22
Figure 2: Canada government spending sector category segmentation: $ billion, 2017-2022
Figure 3: Canada government spending sector geography segmentation: % share, by value, 2022
Figure 4: Canada government spending sector value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the government spending sector in Canada, 2022
Figure 6: Drivers of buyer power in the government spending sector in Canada, 2022
Figure 7: Drivers of supplier power in the government spending sector in Canada, 2022
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Canada, 2022
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Canada, 2022
Figure 10: Drivers of degree of rivalry in the government spending sector in Canada, 2022
