What changed
Official monthly totals, newest first · Bank of Canada · published once a month, a few business days after each month-endCanada government debt
Bank of Canada · official as of Sep 30, 2026 · projected at the past 12 months' pace between monthly figuresGovernment of Canada securities outstanding
Bank of Canada, Government of Canada direct securities and loans: Distribution of holdings (month-end), Total securities outstanding (inflation adjusted), series V42141673 · official, Sep 30, 2026 · fixedPer Canadian
Statistics Canada, The Daily (Sep 23, 2026), Canada's population estimates, second quarter 2026 (Table 17-10-0009-01, preliminary) · Jul 1, 2026History
Fixed official figures · Bank of Canada · these do not tickDetails
Full official tablesGovernment of Canada securities outstanding: C$1,649,639,000,000
Official, month-end Sep 30, 2026 · Bank of Canada, Government of Canada direct securities and loans: Distribution of holdings (month-end), Total securities outstanding (inflation adjusted), series V42141673 (Series V42141673; machine-readable: https://www.bankofcanada.ca/valet/observations/V42141673/json)
| Part | Amount |
|---|---|
| Holders | |
| Bank of Canada (inflation adjusted) | C$150,237,000,000 |
| General public: treasury bills | C$305,318,000,000 |
| General public: Canada Bills issued in US dollars | C$2,301,000,000 |
| General public: marketable bonds and notes (inflation adjusted) | C$1,191,429,000,000 |
| General public: retail debt | C$354,000,000 |
| Total | C$1,649,639,000,000 |
Treasury bills, marketable bonds and notes (with the inflation adjustment on Real Return Bonds), Canada Bills issued in US dollars and retail debt, held by the general public, the Bank of Canada and Government of Canada accounts. Like the US figure, it counts securities the central bank holds.
By month (official)
| Month-end | Federal securities | Combined | Change |
|---|---|---|---|
| Sep 30, 2026 | C$1,649,639,000,000 | C$1,649,639,000,000 | +C$1.45B |
| Aug 31, 2026 | C$1,648,194,000,000 | C$1,648,194,000,000 | +C$3.04B |
| Jul 31, 2026 | C$1,645,153,000,000 | C$1,645,153,000,000 | +C$25.88B |
| Jun 30, 2026 | C$1,619,274,000,000 | C$1,619,274,000,000 | +C$11.17B |
| May 31, 2026 | C$1,608,107,000,000 | C$1,608,107,000,000 | +C$11.19B |
| Apr 30, 2026 | C$1,596,920,000,000 | C$1,596,920,000,000 | +C$12.72B |
| Mar 31, 2026 | C$1,584,195,000,000 | C$1,584,195,000,000 | +C$4.52B |
| Feb 28, 2026 | C$1,579,674,000,000 | C$1,579,674,000,000 | +C$6.96B |
| Jan 31, 2026 | C$1,572,717,000,000 | C$1,572,717,000,000 | +C$16.41B |
| Dec 31, 2025 | C$1,556,306,000,000 | C$1,556,306,000,000 | −C$2.52B |
| Nov 30, 2025 | C$1,558,827,000,000 | C$1,558,827,000,000 | +C$5.23B |
| Oct 31, 2025 | C$1,553,597,000,000 | C$1,553,597,000,000 | +C$17.78B |
| Sep 30, 2025 | C$1,535,818,000,000 | C$1,535,818,000,000 | — |
How it works
Official monthly figures · projection labelled · sources linkedThe live number = latest official total + (the official change per second over the past 12 months × seconds since that total). Canada publishes its debt once a month, not daily, so this is a projection between monthly figures, not an official figure.
projected = 1,649,639,000,000 + 3,609.2402 × (seconds since Sep 30, 2026 11:59:59 PM CT)
The rate is the official change from Sep 30, 2025 to Sep 30, 2026: C$1,649,639,000,000 − C$1,535,818,000,000 = C$113,821,000,000 over 365 days = C$3,609.24 per second. We use 12 months rather than the last month because month-to-month changes swing by tens of billions with bond maturities and treasury-bill rollovers. The actual path is lumpy (bonds are sold in batches and repaid on schedules), so the projection will drift; when new monthly figures come out, the clock re-bases to the new official figures.
How often it's published. Monthly. The Bank of Canada publishes each month-end figure in the first days of the following month (series V42141673). The October 2026 month-end figure is expected in early November 2026; this page re-bases to it automatically on the next daily build after it appears.
Per Canadian divides by Statistics Canada's estimate of 41,798,407 residents on Jul 1, 2026. It is not projected forward, so the live per-Canadian figure rises only with the debt.
Note. Why this measure: the US clock ticks Treasury's Total Public Debt Outstanding, the face value of all marketable and non-marketable Treasury securities including those held by the Federal Reserve and by government trust funds, with inflation compensation on TIPS. The Bank of Canada's total securities outstanding (inflation adjusted) is the Canadian series built the same way and published monthly.
Note. Canada's federal debt (accumulated deficit) is a different measure: liabilities minus assets, including pensions and accounts payable. It is shown as a separate figure, not added to the clock.
Note. Not included: provincial, territorial and municipal debt; Crown corporation debt; pension and other liabilities. The US-dollar figure converts the official month-end total at the Bank of Canada's latest daily rate and is for comparison only.
Note. Figures from source tables may not add exactly because of rounding in the source.
Sources: Bank of Canada, Government of Canada direct securities and loans: Distribution of holdings (month-end), Total securities outstanding (inflation adjusted), series V42141673 · Statistics Canada, The Daily (Sep 23, 2026), Canada's population estimates, second quarter 2026 (Table 17-10-0009-01, preliminary) · Bank of Canada Valet API, USD/CAD daily exchange rate (FXUSDCAD)
Page built Oct 26, 2026 7:50 PM CT from the official figures above.