5. Statistics for historical analysis

The budgetary statistics presented in this chapter do not contain any breaks linked to certain accounting reforms. The change in revenue and expenditure is presented on a comparable basis, that is, it has been adjusted using parametric estimates for the various accounting changes made following the accounting reforms, among others.

• These statistics are provided for historical analysis purposes.
• They reflect the best parametric estimates that could be made by the Ministère des Finances du Québec and will continue to evolve as changes are made to government accounting and hypotheses are refined.

Two major accounting reforms were carried out in 2006-2007 and 2009-2010. These reforms were designed, in particular, to consolidate the bodies in the health and social services and education networks.

• In this regard, as of 2009-2010, the revenue and expenditure of the network's bodies have been consolidated line by line, like those of non-budget-funded bodies and special funds.
  • Since this consolidation, roughly $4 billion in own source revenue of network bodies has been included in the government’s consolidated revenue.
  • This includes, among other things, revenue in respect of the school property tax and various user contributions, such as tuition fees.
• These two accounting reforms have thus led to major breaks in the historical budgetary statistics published to date.

This chapter also presents Québec’s gross domestic product (GDP) and budgetary surplus (deficit) as of 1972-1973.