Government Debt in Canada increased to 1223.62 CAD Billion in 2024 from 1173.01 CAD Billion in 2023. Government Debt in Canada averaged 374.40 CAD Billion from 1962 until 2024, reaching an all time high of 1223.62 CAD Billion in 2024 and a record low of 14.83 CAD Billion in 1962. source: Department of Finance Canada



Related Last Previous Unit Reference
Fiscal Expenditure 39036.00 37084.00 CAD Million Oct 2025
Government Budget -1.20 -2.10 percent of GDP Dec 2024
Budget Balance -8020.00 -2280.00 CAD Million Nov 2025
Government Debt 1223.62 1173.01 CAD Billion Dec 2024
Government Revenues 41543.00 37051.00 CAD Million Oct 2025


Canada Government Debt
Actual Previous Highest Lowest Dates Unit Frequency
1223.62 1173.01 1223.62 14.83 1962 - 2024 CAD Billion Yearly