Economy Budget

Lower the federal debt-to-GDP ratio for 2018/2019 to 28%.

Liberal Platform Page 74 October 5, 2015
Sep 2019

Annual Financial Report of the Government of Canada - 2018-2019

Department of Finance September 17, 2019

The federal debt (the difference between total liabilities and total assets) stood at $685.5 billion at March 31, 2019. The federal debt-to-GDP (gross domestic product) ratio was 30.9 per cent, down from 31.3 per cent in the previous year.