Blair Kennedy (Executive Director, Government Accounting Policy and Reporting, Treasury Board Secretariat) at the Public Accounts Committee

February 9th, 2026 / 11:55 a.m.

Blair Kennedy Executive Director, Government Accounting Policy and Reporting, Treasury Board Secretariat

Briefly, I can tell you what's included in the $3 trillion. It's mainly the insurance programs at CDIC, or the Canada Deposit Insurance Corporation, as well as EDC. It accounts for about $2.2 trillion.

When I look at 2025, we have a little over $3 trillion. When I look at 2024, I don't have the calculation of what makes up the amount in front of me, but I can provide that.

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