Government debt
Canadian government finance statistics from 2007 onward for federal and provincial liabilities, net financial worth, and interest. A separate historical federal net-debt series runs from Confederation to 2008.
Last update 4 Nov 2026.
The latest reading, the reading before it, the same month a year earlier, and the first reading in this saved history.
| Country | Dec 2024 | Dec 2023 | Change | Dec 2023 | Dec 2007 | Since Dec 2007 |
|---|---|---|---|---|---|---|
| Canada | $1.86 trillion | $1.71 trillion | Up $159.1 billion | $1.71 trillion | $682.9 billion | Up $1.18 trillion |
| Newfoundland and Labrador | $27.7 billion | $24.7 billion | Up $3.1 billion | $24.7 billion | $11.6 billion | Up $16.1 billion |
| Prince Edward Island | $4.7 billion | $4.2 billion | Up $0.4 billion | $4.2 billion | $2.4 billion | Up $2.3 billion |
| Nova Scotia | $22.8 billion | $22.1 billion | Up $0.8 billion | $22.1 billion | $17.7 billion | Up $5.1 billion |
| New Brunswick | $29.1 billion | $26.7 billion | Up $2.4 billion | $26.7 billion | $18.4 billion | Up $10.7 billion |
| Quebec | $495.5 billion | $470.7 billion | Up $24.8 billion | $470.7 billion | $221.7 billion | Up $273.8 billion |
| Ontario | $492.0 billion | $460.2 billion | Up $31.8 billion | $460.2 billion | $194.5 billion | Up $297.6 billion |
| Manitoba | $74.9 billion | $69.3 billion | Up $5.7 billion | $69.3 billion | $31.9 billion | Up $43.1 billion |
| Saskatchewan | $46.5 billion | $41.9 billion | Up $4.6 billion | $41.9 billion | $20.7 billion | Up $25.9 billion |
| Alberta | $120.6 billion | $114.0 billion | Up $6.6 billion | $114.0 billion | $29.4 billion | Up $91.2 billion |
| British Columbia | $144.6 billion | $116.1 billion | Up $28.4 billion | $116.1 billion | $51.5 billion | Up $93.0 billion |
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| Date | Canada | Newfoundland and Labrador | Prince Edward Island | Nova Scotia | New Brunswick | Quebec | Ontario | Manitoba | Saskatchewan | Alberta | British Columbia |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | $1.86 trillion | $27.7 billion | $4.7 billion | $22.8 billion | $29.1 billion | $495.5 billion | $492.0 billion | $74.9 billion | $46.5 billion | $120.6 billion | $144.6 billion |
| 31 Dec 2023 | $1.71 trillion | $24.7 billion | $4.2 billion | $22.1 billion | $26.7 billion | $470.7 billion | $460.2 billion | $69.3 billion | $41.9 billion | $114.0 billion | $116.1 billion |
| 31 Dec 2022 | $1.58 trillion | $23.5 billion | $4.2 billion | $21.6 billion | $27.1 billion | $443.9 billion | $449.4 billion | $67.1 billion | $41.9 billion | $111.6 billion | $103.0 billion |
| 31 Dec 2021 | $1.59 trillion | $24.6 billion | $4.2 billion | $22.4 billion | $28.6 billion | $425.9 billion | $466.4 billion | $67.7 billion | $43.6 billion | $132.7 billion | $101.0 billion |
| 31 Dec 2020 | $1.48 trillion | $25.0 billion | $4.1 billion | $24.1 billion | $30.5 billion | $425.7 billion | $482.4 billion | $70.3 billion | $43.4 billion | $142.3 billion | $100.3 billion |
| 31 Dec 2019 | $1.15 trillion | $24.8 billion | $3.8 billion | $23.2 billion | $31.3 billion | $405.0 billion | $450.6 billion | $66.9 billion | $42.2 billion | $124.5 billion | $86.5 billion |
| 31 Dec 2018 | $1.08 trillion | $21.8 billion | $3.4 billion | $23.8 billion | $30.5 billion | $382.4 billion | $422.4 billion | $64.0 billion | $40.2 billion | $108.6 billion | $80.3 billion |
| 31 Dec 2017 | $1.06 trillion | $20.4 billion | $3.4 billion | $23.6 billion | $29.2 billion | $380.3 billion | $410.5 billion | $57.6 billion | $36.3 billion | $93.9 billion | $78.1 billion |
| 31 Dec 2016 | $1.03 trillion | $19.1 billion | $3.3 billion | $23.0 billion | $28.7 billion | $359.6 billion | $393.0 billion | $54.3 billion | $33.1 billion | $76.7 billion | $78.5 billion |
| 31 Dec 2015 | $1.03 trillion | $17.6 billion | $3.4 billion | $22.9 billion | $28.2 billion | $352.1 billion | $394.5 billion | $51.8 billion | $29.9 billion | $66.4 billion | $80.4 billion |
| 31 Dec 2014 | $1.01 trillion | $14.5 billion | $3.6 billion | $24.0 billion | $28.2 billion | $350.7 billion | $400.5 billion | $48.7 billion | $27.5 billion | $58.3 billion | $80.7 billion |
| 31 Dec 2013 | $964.1 billion | $12.9 billion | $3.2 billion | $22.4 billion | $25.8 billion | $318.9 billion | $360.6 billion | $42.0 billion | $24.9 billion | $51.5 billion | $74.5 billion |
| 31 Dec 2012 | $999.0 billion | $12.3 billion | $3.2 billion | $21.8 billion | $25.5 billion | $315.0 billion | $353.1 billion | $41.0 billion | $23.5 billion | $45.5 billion | $72.7 billion |
| 31 Dec 2011 | $962.4 billion | $12.3 billion | $3.1 billion | $21.2 billion | $24.2 billion | $294.4 billion | $322.8 billion | $39.1 billion | $22.8 billion | $41.9 billion | $68.2 billion |
| 31 Dec 2010 | $899.1 billion | $12.1 billion | $2.8 billion | $20.1 billion | $22.4 billion | $270.9 billion | $285.4 billion | $34.8 billion | $21.1 billion | $38.4 billion | $59.9 billion |
| 31 Dec 2009 | $857.3 billion | $11.6 billion | $2.6 billion | $19.1 billion | $20.5 billion | $250.2 billion | $246.0 billion | $33.7 billion | $21.4 billion | $38.0 billion | $56.5 billion |
| 31 Dec 2008 | $811.6 billion | $12.0 billion | $2.4 billion | $18.4 billion | $19.7 billion | $235.5 billion | $204.5 billion | $32.0 billion | $21.7 billion | $34.8 billion | $55.7 billion |
| 31 Dec 2007 | $682.9 billion | $11.6 billion | $2.4 billion | $17.7 billion | $18.4 billion | $221.7 billion | $194.5 billion | $31.9 billion | $20.7 billion | $29.4 billion | $51.5 billion |
Sources: Statistics Canada , Statistics Canada