Economy | BUDGET

Lower the federal debt-to-GDP ratio for 2015/2016 to 31%.

Liberal Platform (Page 74) | October 5, 2015
Broken
October 7, 2016

Annual Financial Report of the Government of Canada

Department of Finance

The federal debt (the difference between total liabilities and total assets) stood at $616.0 billion at March 31, 2016. The federal debt-to-GDP (gross domestic product) ratio was 31.1 per cent, up slightly from the previous year.