Economy Budget

Lower the federal debt-to-GDP ratio for 2016/2017 to 30%.

Liberal Platform Page 74 October 5, 2015
Sep 2017

Annual Financial Report of the Government of Canada - 2016-2017

Department of Finance September 19, 2017

The federal debt (the difference between total liabilities and total assets) stood at $631.9 billion at March 31, 2017. The federal debt-to-GDP (gross domestic product) ratio was 31.2 per cent, up 0.2 percentage points from the previous year.