Canadian Government Debt 1997/1998
- Statistical Summaries -

 

ALL AMOUNTS ARE IN MILLIONS OF $ UNLESS OTHERWISE NOTED
648,000 = $648 Billion and 1,000,000 = $1 Trillion
    Gross Liabilities Financial Assets Net Liabilities Debt Charges
1. FEDERAL GOVERNMENT
  A. Direct Debt: 648,703 64,254 584,449 43,971
  B. Debt Guarantees: 43,606 - 43,606 -
  C. Contingent Liabilities and Contractual Commitments 54,642 - 54,642 -
  D. Program Obligations:
  Canada Pension Plan - 36,664 (36,664) -
  CPP Unfunded Liabilities 428,052 - 428,052 -
  Old Age Security Unfunded Liabilities 643,676 - 643,676 -
  Employee Pension Plans (27,064) - (27,064) -
  Total Program Obligations 1,044,664 36,664 1,008,000 -
 
  TOTAL FEDERAL GOVERNMENT LIABILITIES 1,791,614 100,918 1,690,696 43,971
 
2. PROVINCIAL GOVERNMENT
  A. Direct Debt: 440,398 196,759 243,639 25,882
  B. Debt Guarantees: 89,066 - 89,066 -
  C. Contingent Liabilities and Contractual Commitments: 46,127 - 46,127  
  D. Program Obligations:
  Unfunded Liabilities of the Medicare System 1,277,768 - 1,277,768 -
  Workers' Compensation Plans 9,416 - 9,416 -
  Quebec Pension Plan - 15,353 (15,353) -
  QPP Unfunded Liabilities 142,684 - 142,684 -
  Total Program Obligations 1,429,868 15,353 1,414,515 -
 
  TOTAL PROVINCIAL GOVERNMENT LIABILITIES 2,005,459 212,112 1,793,347 25,882
 
3. LOCAL GOVERNMENT
  A. Direct Debt 59,898 37,682 22,216 3,000
 
  TOTAL LOCAL GOVERNMENT LIABILITIES 59,898 37,682 22,216 3,000
 
4. ALL GOVERNMENTS
  A. Total Direct Debt 1,149,000 298,695 850,305 72,853
  B. Total Debt Guarantees 132,671 - 132,671 -
  C. Total Contingent Liabilities and Contractual Commitments 100,769 - 100,769 -
  D. Total Program Obligations 2,474,531 52,017 2,422,514 -
 
  TOTAL ALL GOVERNMENT LIABILITIES 3,856,972 350,712 3,506,260 72,853

  

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