Economy Budget

Lower the federal debt-to-GDP ratio for 2017/2018 to 29%.

Liberal Platform Page 74 October 5, 2015
Oct 2018

Annual Financial Report of the Government of Canada - 2017-2018

Department of Finance October 19, 2018

The federal debt (the difference between total liabilities and total assets) stood at $671.3 billion at March 31, 2018. The federal debt-to-GDP (gross domestic product) ratio was 31.3 per cent, down 0.7 percentage points from the previous year.