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Government of Canada Debt in selected years

Year 1901 1921 1951 1976 1997 2001 2005
Gross Federal debt ($millions) $355 $2,929 $16,718 $61,928 $651,124 $644,900 $626,217
Population (millions) 5.4 8.8 13.6 23.5 30.0 31.8 32.3
Debt per person (dollars) $66 $333 $1,225 $2,641 $21,713 $20,748 $19,405

Source:  Statistics Canada
Notes:  1921 used instead of 1926 (25 year interval) because population for 1926 not available.
            1997 shown because it was the highest gross federal debt and highest debt per person.

Canadian Gross Federal Debt 1900 to 2005 vs Canadian Population

Revised: July 19, 2010

 

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