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Canada's household debt

Canada has particularly high household debt relative to GDP among G7 countries.

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Jan 13, 2026
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How have Canada’s gross and net government debt levels changed since 2014 compared with other G7 countries?

Canada’s gross government debt has risen since 2014 in line with most G7 peers, but its net-debt position — which subtracts government financial assets from gross liabilities — looks materially strong...

Jan 13, 2026

How does Canada’s net government debt compare to each individual G7 country in 2024 using IMF data?

Canada’s general‑government net debt was the lowest in the G7 in 2024, with IMF‑based estimates cited by the Canadian government putting net debt at roughly 11.9–14.4% of GDP depending on the product ...