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Canada , Thursday 16 July 2026

Canada's combined federal-provincial government debt estimated to surpass $2.4 trillion in 2025/26

Published on: Monday 25 May 2026

Canada's combined federal-provincial government debt estimated to surpass $2.4 trillion in 2025/26 Combined federal and provincial government debt in Canada has nearly doubled from $1.24 trillion in 2007/08 (the year before the 2008 financial crisis) to a projected $2.44 trillion in 2025/26, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.



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