Name: Debt Representing Accumulated Deficits
Creator: Government of Canada
Published: 2026-05-14T23:20:42.848Z
License: https://open.canada.ca/en/open-government-licence-canada

Debt representing accumulated deficits as defined in the public accounts represents the difference between government liabilities and assets (financial and non-financial). This is “bad debt,” meaning debt that doesn't correspond to any assets.

Organization: Government and Municipalities of Québec | Gouvernement et municipalités du Québec

Last modified: 2026-05-27T16:02:52.851506

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