Federal · B-6.3

Borrowing Authority Act

Current version date March 26, 2026 · official source text · watch this law (RSS)

Financial Services & InsuranceGovernment Operations

Change history

Federal · AmendedDate recorded March 26, 2026

Canada's federal borrowing ceiling raised to $2.541 trillion

The statutory cap on the total amount the federal government may have outstanding in borrowed money at any one time has been increased from $2,126,000,000,000 to $2,541,000,000,000. The ceiling covers borrowings by th…

B-6.3Financial Services & InsuranceGovernment OperationsTax & Revenue+4 / −4 lines