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Canada's federal debt

Canada's federal debt in 2025, including debt-to-GDP ratio and provincial debts

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Jan 13, 2026
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How does Canada’s federal net debt compare to other G7 countries in 2024–25?

Canada’s net-debt-to-GDP position for 2024–25 is reported as the lowest in the G7 when measured on the IMF “general government” net-debt definition that offsets public pension assets — the federal Ann...

Jan 13, 2026
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What was Canada's federal debt level at the end of FY2024–25 and how did it change year-over-year?

Canada’s federal net debt stood at roughly $1.06 trillion at the most recent year marker, rising markedly year‑over‑year; Statistics Canada reports the federal government's net debt totalled $1,062.0 ...