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Spending program

Market Debt and Foreign Reserves Management

Department of Finance · Interest and debt management

In fiscal year 2024–25, Department of Finance spent $48.1 billion on Market Debt and Foreign Reserves Management, up from $42.7 billion in 2023–24. That is $1,605 per tax filer.

Headline figures

Fiscal year 2024–25

$48.1B

100.0% of Interest and debt management spending in 2024–25.

Up $5.4B from $42.7B in 2023–24.

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

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

Market Debt and Foreign Reserves Management, by fiscal year. Latest year highlighted.
Show these figures as a table
Market Debt and Foreign Reserves Management, by fiscal year
Fiscal yearSpending
2018–19$22.3B
2019–20$23.9B
2020–21$20.9B
2021–22$23.1B
2022–23$31.7B
2023–24$42.7B
2024–25$48.1B

Source and basis

  • GC InfoBase - Open Datasets, retrieved 2026-11-03. Open Government Licence - Canada.
  • Actual spending reported by the department for this program, reconciled to Public Accounts expenditures by vote. Includes operating costs, capital and payments to others.

← All interest and debt management spendingHow the figures are calculated