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Derivative obligations decreased by $0.6 billion to help you $cuatro.1 billion in the February 29, 2024, highlighting alterations in fair worth, foreign exchange rates, and you will contracts you to definitely matured throughout the 2023–24. The brand new $63.1-billion rise in the brand new federal financial obligation reflects the brand new 2023–24 financial deficit of $61.9 billion and you may $step 1.3 billion inside the web remeasurement loss. Inside the Yukon and you can Nunavut, arises from the brand new federal energy fees try came back straight to the new territorial governing bodies to utilize as they see complement. step one Specific Budget 2024 quantity was reclassified in order to conform to the current year’s presentation in the consolidated monetary comments, with no overall affect the newest projected 2023–24 yearly deficit. In the 2022–23, government entities chose to permanently lose attention on the the Canada College student Financing, productive April 1, 2023.

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