Canada's net debt through 2014 will be only slightly higher than it is now. Again, what we're talking about here is the total government net debt, so it is the combined federal-provincial net debt, plus the balances in the Canada and Quebec pension plans. It's calculated that way so we can compare across countries, many of which are unitary states. I'm going from memory, but my recollection is that our net debt will be in the order of 34% of GDP on a total government basis in 2014 in Canada.
On November 23rd, 2009. See this statement in context.