The Canadian National Debt Continues To Rise
Based on the federal government’s own projections, Canada’s federal debt is growing by about $2,072 per second, which is $124,325 per minute, $7.5 million per hour, or $179 million every single day. The debt clock is currently over $1.35 trillion and Canada’s federal debt continues to grow daily.
What is the Canada Debt Clock?
The Canada Debt clock is a visual representation of the country’s total debt, in real-time. With the current debt figure where it is, it’s hard to believe the Canadian government balanced the budget in 1997.
How Government Debts Affect You
Interestingly enough, the federal government paid $53.7 billion in interest on its debt in the 2025-26 fiscal year, or about $147 million per day in interest charges alone. That trickles down to the taxpayers, many of whom are seeking debt relief options for themselves.
See Your Province’s Debt Clock
The Canada Debt Clock represents the country as a whole. For more information on your province’s debt, click on the appropriate link below.