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Debt and spending

What Ottawa spends, what it borrows to do it, and what the interest costs. The debt figure is a live estimate on the government’s own path.

The number

$58.7BReceipt$58,700,000,000Federal public debt charges (interest on the debt), 2026-27Forecast · FY2026-27SourceDepartment of Finance CanadaDocumentSpring Economic Update 2026, Annex 1: Details of Economic and Fiscal ProjectionsWhereTable A1.9 The Expense Outlook, "Public debt charges" row, 2026-2027 columnPublishedApril 28, 2026CheckedSeptember 28, 2026Open the sourceSpring Economic Update 2026 projection (the government's plan for the year).All sourcesfederal.pdc.fy2026-27

interest on the federal debt this fiscal year, before a dollar buys a service