Source data
Canadian federal debt, budget balance and debt charges since 1995–96
Sources checked
Finance Canada publishes the ratio to one decimal place. Search the table for all 31 years and the underlying dollar figures.
Canadian federal debt, budget balance and debt charges since 1995–96
Finance Canada fiscal years end on 31 March. Monetary amounts are nominal Canadian dollars in millions. Federal debt here is the accumulated deficit, calculated as total federal liabilities less total assets.
| Source | |||||
|---|---|---|---|---|---|
| 1995-96 | 554,162 | 66.6 | -30,006 | 49,407 | Source 1 |
| 1996-97 | 562,881 | 65.5 | -8,719 | 47,281 | Source 1 |
| 1997-98 | 559,922 | 61.7 | 2,959 | 43,120 | Source 1 |
| 1998-99 | 554,143 | 58.9 | 5,779 | 43,303 | Source 1 |
| 1999-00 | 539,885 | 53.6 | 14,258 | 43,384 | Source 1 |
| 2000-01 | 519,994 | 47.0 | 19,891 | 43,892 | Source 1 |
| 2001-02 | 511,946 | 44.7 | 8,048 | 39,651 | Source 1 |
| 2002-03 | 505,325 | 42.3 | 6,621 | 37,270 | Source 1 |
| 2003-04 | 496,180 | 39.5 | 9,145 | 35,769 | Source 1 |
| 2004-05 | 494,717 | 37.0 | 1,463 | 34,118 | Source 1 |
| 2005-06 | 481,499 | 33.9 | 13,218 | 33,772 | Source 1 |
| 2006-07 | 467,268 | 31.2 | 13,752 | 33,945 | Source 1 |
| 2007-08 | 457,637 | 29.0 | 9,597 | 33,325 | Source 1 |
| 2008-09 | 467,946 | 28.2 | -9,116 | 28,269 | Source 1 |
| 2009-10 | 524,103 | 33.4 | -56,368 | 26,562 | Source 1 |
| 2010-11 | 556,914 | 33.4 | -34,953 | 28,610 | Source 1 |
| 2011-12 | 591,917 | 33.4 | -28,033 | 29,038 | Source 1 |
| 2012-13 | 620,610 | 34.0 | -21,293 | 25,533 | Source 1 |
| 2013-14 | 626,000 | 32.9 | -8,050 | 24,729 | Source 1 |
| 2014-15 | 628,910 | 31.5 | -550 | 24,207 | Source 1 |
| 2015-16 | 634,440 | 31.9 | -2,861 | 21,837 | Source 1 |
| 2016-17 | 651,540 | 32.2 | -18,957 | 21,232 | Source 1 |
| 2017-18 | 671,254 | 31.4 | -18,961 | 21,889 | Source 1 |
| 2018-19 | 685,450 | 30.7 | -13,964 | 23,266 | Source 1 |
| 2019-20 | 721,360 | 31.2 | -39,392 | 24,447 | Source 1 |
| 2020-21 | 1,048,746 | 47.2 | -327,729 | 20,358 | Source 1 |
| 2021-22 | 1,139,975 | 45.0 | -90,315 | 24,487 | Source 1 |
| 2022-23 | 1,173,013 | 41.0 | -35,322 | 34,955 | Source 1 |
| 2023-24 | 1,236,151 | 41.7 | -61,876 | 47,273 | Source 1 |
| 2024-25 | 1,266,484 | 40.7 | -36,348 | 53,410 | Source 1 |
| 2025-26 | 1,306,114 | 40.2 | -39,316 | 53,541 | Source 1 |