debt to GDP ratio

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Canada’s economy underperformed during COVID—despite massive debt accumulation

From 2019 to 2021, Canada had the second-highest increase in gross debt as a share of the economy out of 33 countries.


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Reality check—the dangers of debt accumulation

Canada's total government debt now equals 107 per cent of GDP.


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Estimating the recessionary impact on Nova Scotia finances: Part 2

Nova Scotia’s net debt is projected to eclipse $17 billion this year.


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Federal debt may eclipse $1 trillion for first time in Canadian history

According to forecasts, Canadian economic growth for 2020 will shrink by more than 12 per cent.


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Atlantic Canadians carry large government debt burden

Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478.


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Ottawa has a big spending problem

Total federal expenditures will grow to a projected $420.5 billion in 2024-25.