Combined federal, provincial debt to exceed $2.4T this year: study

B.C. leads that category with a shocking 200 per cent debt increase to $70.3 billion over the 18 years, followed by Manitoba (144.7 per cent to $22.5 billion), Saskatchewan (108.9 per cent to $9.4 billion), and Ontario (94.9 per cent), the province with the highest debt at $459.4 billion. Net debt in Quebec and three of the four Atlantic Canadian provinces, save for P.E.I., has increased 35 per cent or less.