Household Debt and Government Debt in Canada finds that, although household debt in Canada increased to more than $2 trillion in 2016—up from $357 billion in 1990—Canadian household assets (real estate, pensions, financial investments and equity in businesses, for example) also increased in value over the same time period to $12.3 trillion last year. But whereas recent increases in Canadian household debt have been accompanied by increases in net worth, the same cannot be said about government debt.