debt to GDP ratio

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Canadians bear weight of growing government debt burden

Federal and provincial government debt has nearly doubled from $1.1 trillion in 2007/08 to $2.1 trillion in 2022/23.


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Canada’s economy underperformed during COVID—despite massive debt accumulation

From 2019 to 2021, Canada had the second-highest increase in gross debt as a share of the economy out of 33 countries.


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Reality check—the dangers of debt accumulation

Canada's total government debt now equals 107 per cent of GDP.