🇨🇦 Canada National Debt Clock
Live tracker for Canada government debt. The national debt currently stands at approximately $2.82 trillion, growing at $3K every second based on IMF fiscal deficit projections. Debt-to-GDP: 113%. Per-citizen share: $70,226.
About Canada's National Debt
Canada's general-government debt — which folds in heavily indebted provinces alongside Ottawa — sits above its annual output, though the federal portion is more moderate. Strong institutions, a floating currency and sizable public financial assets underpin its high credit rating despite the headline ratio.
Canada's debt-to-GDP ratio of 113% exceeds the IMF's 90% threshold associated with potential growth drag. Stabilising it would require sustained primary surpluses — spending less than tax revenue before interest. By total government debt, Canada ranks 9th of the 138 governments tracked here.
At the current borrowing rate of $3K per second, Canada adds about $0.3 billion to its national debt every day — roughly $101 billion per year. Each of Canada's 40 million citizens carries an individual share of approximately $70,226. That is above the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Canada National Debt — Frequently Asked Questions
What is Canada's national debt right now?
Canada's national debt is approximately $2.82 trillion as of July 29, 2026, growing at $3K per second. Its debt-to-GDP ratio is 113% and each citizen's share is about $70,226.
How fast is Canada's debt growing?
Canada's government debt grows at approximately $3K per second — about $0.3 billion per day — derived from IMF fiscal-deficit projections anchored to the April 2026 baseline.
What is Canada's debt per capita?
Each of Canada's 40 million citizens carries a notional share of approximately $70,226 of the national debt.
What is Canada's debt-to-GDP ratio?
Canada's debt-to-GDP ratio is 113%. This sits above the IMF's 90% threshold associated with potential growth drag.
Why is Canada's government debt at this level?
Canada's general-government debt — which folds in heavily indebted provinces alongside Ottawa — sits above its annual output, though the federal portion is more moderate. Strong institutions, a floating currency and sizable public financial assets underpin its high credit rating despite the headline ratio.
Compare Canada vs another country
Live side-by-side debt comparisons — shareable cards for journalists and social.
Further reading
Other Americas countries
Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 2,783,000,000,000 + 3200 × seconds_since(2026-04-01)
Machine-readable data: /api/debt?c=ca (live JSON) · /data/debt.json (full dataset)
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