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Chartered banks: Classification of deposit liabilities (formerly K12)

View or download the latest quarterly data. For metadata and background information, see the notes.

Quarterly data typically published 60 days after calendar quarter end.

Quarterly series

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Canadian dollar deposits

Quarter-end, Millions of dollars2023Q22023Q32023Q42024Q12024Q2
Demand and notice deposits1,664,5891,676,1401,672,7391,680,6251,710,146
Governments78,41877,19369,77972,01888,698
Other Canadian1,529,7351,543,5511,546,8121,534,5471,562,013
Financial institutions
Deposit-taking institutions18,39918,03519,46419,86919,212
Other96,26394,98198,901101,275125,204
Non-financial corporations515,448538,188537,289521,331533,337
Unincorporated businesses115,920117,750118,244128,523114,053
Individuals
RRSP42,72141,87141,03042,18140,459
Other740,984732,726731,885721,369729,747
Non-residents56,43755,39756,14774,06059,435
Deposit-taking institutions22,89220,63119,76538,91225,714
Other33,54534,76636,38235,14833,721
Fixed-term: Pre-encashable deposits252,089256,945254,754253,563251,050
Governments2,7362,6832,4152,4792,681
Other Canadian234,046236,664235,385236,986233,963
Financial institutions
Deposit-taking institutions10,23410,93010,35712,11612,735
Other11,20310,76210,25710,30610,303
Non-financial corporations75,99476,95975,60473,13973,060
Unincorporated businesses6,7666,7386,5066,2176,669
Individuals
RRSP5,1345,0855,3386,2555,854
Other124,715126,190127,322128,954125,342
Non-residents15,30717,59916,95514,09814,407
Deposit-taking institutions7,1108,8469,2596,1488,135
Other8,1978,7537,6967,9506,272
Fixed-term: Non pre-encashable deposits809,122844,699900,459930,471951,865
Governments12,81414,27710,55011,48913,965
Other Canadian629,303630,959680,735704,958719,802
Financial institutions
Deposit-taking institutions6,0516,9416,8946,4027,288
Other20,24921,50623,47824,58921,579
Non-financial corporations111,19880,85986,50787,85885,560
Unincorporated businesses11,30412,15012,79713,64118,499
Individuals
RRSP45,71747,50149,50251,67552,697
Other434,784462,001501,557520,793534,177
Non-residents18,94121,61221,55222,64121,852
Deposit-taking institutions4,3584,0494,7224,9786,197
Other14,58317,56416,82917,66315,655
Bearer deposit notes and other negotiable notes148,064177,851187,623191,383196,246
Booked at securities subsidiaries25,41123,69023,93924,25828,900
Total Canadian dollar deposits2,751,2112,801,4752,851,8902,888,9172,941,961

Foreign currency deposits

Quarter-end, Millions of dollars2023Q22023Q32023Q42024Q12024Q2
Demand and notice deposits1,215,1501,240,2791,223,1391,231,4681,249,326
Governments5,8673,7103,8833,7333,110
Other Canadian242,776250,214253,736250,204275,210
Financial institutions
Deposit-taking institutions3,5733,9652,4792,8232,146
Other33,44436,67634,78750,19867,780
Non-financial corporations131,101135,418143,649123,292129,508
Unincorporated businesses8,0848,7608,6039,2297,629
Individuals66,57465,39564,21864,66468,148
Non-residents966,507986,355965,519977,531971,007
Deposit-taking institutions18,38118,48217,21419,00316,099
Other948,126967,872948,305958,529954,908
Fixed-term deposits1,729,5841,720,7861,813,7771,792,2581,813,413
Governments11312201238250
Other Canadian132,683133,349149,265149,390150,827
Financial institutions
Deposit-taking institutions3,6041,4771,5891,1341,350
Other14,65212,68314,36214,32216,805
Non-financial corporations52,78257,55966,38561,78457,099
Unincorporated businesses2,0971,012908823735
Individuals59,54860,61866,02271,32874,837
Non-residents623,245615,348649,906646,188648,553
Deposit-taking institutions189,382170,236174,056170,436166,674
Other433,862445,112475,850475,752481,879
Bearer deposit notes and other negotiable notes973,645971,7771,014,404996,4421,013,783
Booked at securities subsidiaries4,7354,8254,5064,1494,978
Total foreign currency deposits2,949,4702,965,8893,041,4213,027,8763,067,717

Notes

Source: Bank of Canada, Office of the Superintendent of Financial Institutions (OSFI)

Federally-regulated credit unions and subsidiaries of non-bank financial institutions are excluded from the universe of chartered banks for the purposes of the Banking and Financial Statistics (BFS) tables. This treatment is consistent with the methodology used by Statistics Canada in their key economic and financial statistical programs (e.g., National Balance Sheet Accounts), which follows the NAICS framework.

Chartered banks: Classification of deposit liabilities (formerly K12) presents a quarterly breakdown of chartered bank deposit liabilities booked worldwide, classified by type of instrument, by currency and by the institutional sector of the depositor. The institutional sectors are based on the definitions in the Statistics Canada publication Financial Flow Accounts, Catalogue 13-002. The deposit liability data are available from the first quarter of 1982 and correspond to data as reported by the banks on Schedule J under the Bank Act and published monthly in table Chartered bank liabilities and shareholders’ equity: Month-end (formerly C4) of the Bank of Canada Banking and Financial Statistics. Beginning with the fourth quarter of 1988, data include deposits booked at majority-owned investment dealer subsidiaries. Foreign currency deposits have been converted into Canadian dollar equivalents at the closing exchange rate on the last business day of the quarter.

Deposits of governments consist of deposits held by federal, provincial and municipal governments within Canada. Other financial institutions include deposit- taking institutions other than banks, insurance companies and pension funds, investment dealers, other private and public sector financial institutions. Beginning with the second quarter of 1994, deposit-taking institutions other than banks are included with deposit- taking institutions. Non-financial corporations comprise private and public sector non- financial corporations. Unincorporated businesses also include non-profit institutions such as religious, health and educational institutions as well as other private non-profit institutions. Deposits of individuals are deposits held by persons for non-business purposes, including registered home ownership savings plans (RHOSP) and registered retirement savings plans (RRSP). Deposits of non-resident banks include deposits of banks and official monetary institutions not resident in Canada. Other non-resident deposits comprise deposits of individuals, corporations and other organizations not resident in Canada. Bearer term notes and other negotiable notes are deposit instruments transferable to third parties.