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Interest and debt management

Finance Canada's market debt and foreign reserves management, which includes interest on the government's market borrowing. Not the same measure as public debt charges in the budget tables.

Headline figures

Fiscal year 2024–25

$48.1B

10.1% of the $474.4B of federal program spending reported by theme, across 1 programs.

$1,605per tax filer$1,168per person

Cost per tax filer uses 29,965,100 tax filers (2023, the latest count published); per person uses a population of 41,162,593 (2024). It is an allocation of cost, not a tax bill.

Interest and debt management, spending by fiscal year

Spending programs

Actual spending by program in 2024–25: operating costs, capital and payments to others, as reported by each department and reconciled to the Public Accounts. Select a program for its history and cost per taxpayer.

Sources and basis

  • GC InfoBase - Open Datasets, retrieved 2026-11-03. Open Government Licence - Canada. Program spending is reconciled to Public Accounts expenditures by vote for every organization and year. It excludes Employment Insurance benefits, the Canada Child Benefit and other items that are not appropriated, so it differs from the budget tables.
  • Themes group programs by purpose, not by department. Each program is assigned to one theme by a published, reviewable rule set.