Canada's Members of Parliament

Every Member of Parliament in Canada's House of Commons: riding, party, office details and biography.

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National debt by prime minister

How Canada's public debt changed under every prime minister, measured the same way for all of them: as a share of the economy (GDP), and in dollars where GDP figures exist.

Updated 11 Oct 2026

24th Prime Minister · In office now

Mark Carney

Liberal · Since 14 March 2025

Too early to measure: the latest annual figure (end-2024, 110.8% of GDP) is from before Mark Carney took office. The change appears when the next year's figures are published.

Earlier prime ministers

23Justin Trudeau Liberal · 2015–2025
+18.8 pts
Debt to GDP
92% → 110.8%
Measured at
end-2015 → end-2024
In dollars (at the time)
$1.83 trillion → $3.44 trillion
22Stephen Harper Conservative · 2006–2015
+21.4 pts
Debt to GDP
70.6% → 92%
Measured at
end-2005 → end-2015
In dollars (at the time)
$1.00 trillion → $1.83 trillion
21Paul Martin Liberal · 2003–2006
-5.3 pts
Debt to GDP
75.9% → 70.6%
Measured at
end-2003 → end-2005
In dollars (at the time)
$952.4 billion → $1.00 trillion
20Jean Chrétien Liberal · 1993–2003
-18.8 pts
Debt to GDP
94.7% → 75.9%
Measured at
end-1993 → end-2003
In dollars (at the time)
$707.4 billion → $952.4 billion