Current federal government’s projected per-person debt is $56,432, the second highest in Canadian history
Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2025
By Fraser Institute —— Bio and Archives--January 20, 2026
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER— In 2025, under Prime Minister Mark Carney’s government, federal gross debt is expected to hit its highest point in Canadian history at $2.35 trillion (inflation adjusted), finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“The significant increase in federal debt in recent years means more tax dollars will go towards paying interest and future generations are on the hook for today’s spending,” said Jake Fuss, Director of Fiscal Studies with the Fraser Institute and author of Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2025.
Welcome to CFP’s Comment Section!
The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.
Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.
We ask only that commenters keep it civil, keep it clean.
Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.
READ OUR Commenting Policy