Canada Federal Government Gross Debt to GDP

## What this measures

What the federal government alone owes, including its pension liabilities, as a percent of GDP.

## Why it matters

Provinces carry a large share of Canadian public debt; this separates Ottawa's share from theirs.

## How to read it

Compare with the all-government figure to see the provincial share. The federal budget reports a different measure (the accumulated deficit).

## What it does not say

These are national-accounts figures (Statistics Canada), not the federal budget measures Finance Canada reports, and they include unfunded public-sector pension liabilities. Compare countries only with the same definition.

## Source

Statistics Canada, table 38-10-0237-01 (vector v62698057), "Financial indicators of general government sector, national balance sheet accounts; Of which: Federal general government gross debt to gross domestic product (GDP)". Palanor pulls it from Statistics Canada's Web Data Service every day and rewrites recent periods so revisions carry through.

Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. Statistics Canada Open Licence.