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Canada — Central government deficit

millions of CAD · Annual · 1870–2025 · 106 observations

About this series

The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock.

In Canada, the central government deficit reading was −46.17B CAD in 2025, compared with −79.51B CAD in 2024. The period change was +33.34B CAD. The corresponding ratio to GDP was −1.42% in 2025.

-300.00B-200.00B-100.00B0100.00B187020102025CADSubscribe to view

Get the full series

  • Annual data, 1870–2025
  • The underlying source, downloadable

Latest observations

2004–2025

PeriodValue
2025-46.17B CAD
2024-79.51B CAD
2023-19.75B CAD
2022-8.16B CAD
2021-81.86B CAD
15 earlier values
2020-221.89B CAD
2019-9.91B CAD
20186.75B CAD
2017-2.83B CAD
2016-2.51B CAD
20157.92B CAD
20147.64B CAD
2013-11.67B CAD
2012-20.16B CAD
2011-26.54B CAD
2010-46.60B CAD
2009-29.59B CAD
2008-424.00M CAD
200714.72B CAD
200611.81B CAD

Values before 2006, back to 2004, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.