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Chartered banks: Classification of non-mortgage loans (formerly C7)

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 loans

Quarter-end, Millions of dollarsCANSIM2022Q42023Q12023Q22023Q32023Q4
Loans to Canadian individuals for non-business purposesV37751586,734 R584,313 R598,624 R605,278 R609,700 R
To purchase (or carry) securities
Tax-sheltered plansV37760731904778708 R728 R
Market stocks and bondsV377595,704 R5,511 R5,535 R5,478 R5,345
To purchase consumer goods and other personal servicesV37752580,299 R577,898 R592,311 R599,091 R603,628 R
Private passenger vehiclesV3775588,335 R89,474 R90,969 R92,594 R92,727 R
Mobile homesV377562,9753,0033,1373,2413,188
Renovations of residential propertyV377573,264 R3,183 R3,335 R3,332 R3,169 R
OtherV37758392,983 R391,143 R397,536 R399,423 R400,059 R
Total excluding credit cardsV37754487,557 R486,803 R494,976 R498,590 R499,143 R
Credit cardsV3775392,74291,09597,335100,502104,485
Loans to other CanadiansV120573153450,370 R462,954 R471,557 R475,558 R506,097 R
Financial institutionsV12057315253,177 R52,818 R57,801 R59,396 R60,552 R
Deposit-taking institutionsV377482,3313,734 R4,6903,6083,308
Investment dealersV37749616478440601840
OtherV3775050,230 R48,606 R52,671 R55,187 R56,404 R
Non-financial corporations and unincorporated businessesV37769373,385 R385,401 R389,767 R391,876 R420,582 R
Private businessesV37772368,199 R379,926 R384,716 R386,623 R414,933 R
AgricultureV3778634,833 R33,493 R35,318 R36,080 R38,227 R
Fishing and trappingV377851,565 R1,538 R1,611 R1,524 R1,538 R
Logging and forestryV377841,202 R1,193 R1,248 R1,233 R1,225 R
Mining, quarries, and oil wells
MiningV37781234248262 R60 R644 R
Oil and gasV377824,6755,3024,3374,7496,044
OtherV377832,870 R3,187 R2,9783,110 R3,192 R
ManufacturingV3777426,616 R26,996 R26,935 R26,611 R29,125 R
Food, beverage and tobaccoV377755,461 R5,904 R6,074 R6,478 R6,813 R
Leather, textile and apparelV37776815 R835 R877 R901 R805 R
Metal productsV377774,727 R4,480 R4,467 R4,247 R4,282 R
Transportation equipmentV377781,866 R1,776 R1,889 R1,823 R2,137
Petroleum productsV37779298343185205340
OtherV3778013,449 R13,658 R13,444 R12,958 R14,748 R
Construction / Real estate
Builders and developersV3779329,041 R30,548 R30,755 R30,810 R31,808 R
Real estateV3778753,545 R53,947 R54,450 R54,716 R58,902 R
OtherV3779425,146 R25,646 R26,930 R26,517 R26,160 R
Of which: Interim construction lendingV378035,3475,5235,4425,7305,881
Transportation, communication and other utilitiesV3779242,287 R44,031 R45,756 R46,804 R53,320 R
Wholesale tradeV3779121,556 R21,914 R21,512 R20,555 R22,396 R
Retail trade
AutomotiveV3778931,289 R32,658 R32,879 R33,977 R37,798 R
OtherV3779013,859 R14,909 R15,286 R15,232 R15,998 R
Service industriesV3778878,102 R83,137 R83,190 R83,492 R87,390 R
Multi-product conglomeratesV377731,380 R1,181 R1,268 R1,1521,165
Of which: Unincorporated businessesV3779823,16223,15724,69524,48925,260
Government enterprisesV377955,186 R5,475 R5,051 R5,253 R5,649 R
Canadian governmentV377674,483 R4,701 R4,340 R4,689 R4,340 R
InstitutionsV3776819,325 R20,034 R19,649 R19,597 R20,623 R
Loans to non-residentsV377665,6708,39012,74913,92213,147 R
Leasing receivablesV3776517,87418,05718,55118,80219,129
Own acceptances purchasedV3776271,57579,35976,41283,70682,155
Investment dealers subsidiariesV3776118,07916,81815,54116,21317,805
Reverse reposV37763265,950258,655258,584273,690287,357
Total Canadian dollar loansV377461,416,253 R1,428,545 R1,452,017 R1,487,169 R1,535,391 R
Of which: Loans made under Government of Canada guaranteed loans schemes
Small business loansV377991,6511,7101,7741,7991,978
Farm improvement loansV37800308307306328385
Canadian student loansV378011,3481,3861,3421,2651,334
OtherV378023,1173,1403,1663,1723,205

Foreign currency loans

Quarter-end, Millions of dollarsCANSIM2022Q42023Q12023Q22023Q32023Q4
Loans to Canadian individuals for non-business purposesV1205731555,4115,9225,5085,4667,589
To purchase (or carry) securitiesV378323,5453,4263,2393,4472,962
OtherV378331,8662,4962,2692,0194,627
Loans to other CanadiansV120573156121,794130,381133,578132,673119,568
Financial institutionsV3780623,14224,05124,83226,64725,197 R
Non-financial corporations and unincorporated businessesV12057315498,644106,321108,665105,94794,284 R
Private businessesV3781398,475106,122108,416105,66493,955 R
AgricultureV378193,0963,2042,4971,5601,535
Fishing, trapping, logging, forestryV37818252412495352350
Mining, quarries, and oil wells
MiningV378157,3508,5876,6456,8996,521
Oil and gasV378163,7053,8336,5414,4974,636
OtherV378171,5361,7791,9171,9301,798
ManufacturingV3782728,86826,86925,01225,10222,115
Metal productsV378284,9053,2483,3493,7283,953
Transportation equipmentV378294,2194,0233,7423,2682,840
Petroleum productsV378302,5622,2992,3642,2692,446
OtherV3783117,18117,30015,55815,83612,876
Construction / Real estate
Builders and developersV378251,2151,359788915880
Real estateV378205,9948,5368,4289,4176,531
OtherV378261,9472,2082,2222,3161,895
Transportation, communication and other utilitiesV3782413,91914,88521,57619,59216,521
Wholesale tradeV3782310,69411,58010,06811,0999,791
Retail tradeV378222,4632,9012,4962,4245,632
Service industriesV3782117,18319,66119,43418,67615,515 R
Multi-product conglomeratesV37814255310297885237
Of which: Unincorporated businessesV378341,0828178801,1951,168
Government enterprisesV37807169199249283329
Canadian governmentV3781089817987
Loans to non-residentsV37809906,468947,925913,979935,176919,409
Reverse reposV37808736,724736,362755,994766,635801,277
All other loansV3780518,58119,73019,01918,96318,541
Total foreign currency loansV378041,788,9791,840,3211,828,0791,858,9151,866,385

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.

Data cover chartered bank non-mortgage loans. The institutional sectors used for these data conform to the Statistics Canada definitions in the financial flow sector accounts. Data in this table are reported gross of allowance for impairment and will therefore differ from non-mortgage loans as presented in Chartered bank assets: Month-end (formerly C3). The detailed loan categories cover only non-mortgage loans to Canadian residents – loans to non-residents are shown separately in the table. Foreign currency loans have been converted into their Canadian dollar equivalents using the closing exchange rate prevailing on the last business day of the quarter.

The Canadian dollar portion of loans to Canadian individuals for non-business purposes generally conforms to the total personal loan series previously reported, except that loans are reported gross of allowance for impairment and also do not include loans to non-residents. Tax-sheltered plans include loans for registered savings plans such as RRSPs and RHOSPs. Marketable stocks and bonds are loans to individuals other than investment dealers and brokers which, when made, were fully secured by marketable stocks and bonds.

Loans to purchase consumer goods and other personal services include loans secured by marketable stocks and bonds that have been identified as being used to purchase consumer goods or services. Private passenger vehicles include all loans so identified whether or not they are secured by the purchased vehicle. Mobile homes include non-mortgage loans for all mobile homes as defined in the National Housing Act.

Credit cards include all outstanding balances under a credit card plan.

Deposit-taking financial institutions include Canadian chartered banks, Quebec savings banks, credit unions and caisses populaires, trust companies and mortgage loan companies. Other financial institutions include insurance companies, pension funds, consumer and business finance companies, investment companies, and public financial institutions.

Non-financial corporations and unincorporated businesses include all corporations, unincorporated businesses and unincorporated branches of foreign corporations operating in Canada (except financial institutions and government enterprises), and are classified using the 1980 Standard Industrial Classification published by Statistics Canada.

Agriculture includes agricultural industries as well as service industries incidental to agriculture, e.g., the veterinary and harvesting industries etc. Energy includes establishments primarily engaged in exploration and/or production of conventional petroleum and natural gas. Builders and developers include those engaged in either residential or non-residential building activities. Land developers are included under other construction. Multi-product conglomerates include those non-financial private corporations in which no one business constitutes more than 50 per cent of the corporation’s total activity. Unincorporated businesses include all businesses that are not incorporated under the law of Canada or a province and that are not unincorporated branches of foreign corporations.

Government enterprises include all Canadian and foreign public corporations in which a government holds at least 50 per cent of the voting stock and any subsidiaries of these companies. It also includes all governmental bodies that carry on a business and have their own borrowing authority.

Loans to institutions include loans to private non-profit institutions and to religious, health and educational institutions.

Loans to governments include loans to all governmental entities that do not carry on a business or do not have their own borrowing authority.

Loans to non-residents are loans to individuals, corporations or other organizations not ordinarily resident in Canada, but do not include lease financing receivables of non- residents or loans to and deposits with non-resident associated corporations, which are reported under leasing receivables.

Loans made under Government of Canada guaranteed loans schemes do not include funds advanced under the Small Business Development Bond or Small Business Bond programs, as these instruments are classified as securities on the books of the chartered banks.

Beginning December 1994, loans by securities subsidiaries exclude reverse repurchase agreements.

Beginning December 1994, loans to non-residents exclude reverse repurchase agreements.