Contributions to changes in gross debt

Equation: The debt of the public sector equals the government's gross debt plus Hydro-Québec's debt plus the municipalities' debt plus the debt of other entities

Gross debt is, therefore, a more important indicator than net debt.

the rescheduling of the private sector debt have been unduly

Gross debt" is the national debt plus intragovernmental debt obligations or debt held by trust funds.

Analysts often pay attention to a country’s “net debt” instead of its gross debt.

If we combine federal and provincial numbers for something called gross debt, our gross debt to GDP ratio is actually at 82.5%.

Financial interest related to gross debt (166) (22) - (143)

Canada’s general government gross debt and net debt positions also remain favourable (see box entitled Gross vs. Net Debt Measures).

Country Financial Institutions’ Gross Debt as a % of GDP

Old debt washes in bankruptcy much better than new debt.

Net versus gross debt – Parties in favour of enterprise value argued that cash on hand should be deducted from gross debt because it could be used for debt repayment.

European Union and euro area: general gross debt from 2010 to 2018 (in trillion euros)General gross debt of the European Union and the euro area 2018

Gross debt and debt representing accumulated deficits as at March 31, 2017 (percentage of GDP)

Gross debt and debt representing accumulated deficits as at March 31, 2017 (percentage of GDP)