Quarterly data typically published 70 days after calendar quarter end.
Quarterly series
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HELOCs outside of combined loan plans
| Quarter-end, Millions of dollars | CANSIM | 2024Q4 | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|---|---|
| Authorized amounts | ||||||
| Total | v1325929545 | 122,406 | 121,789 | 120,587 | 118,913 | 117,226 |
| Loan-to-value ratio (LTV ratio) | ||||||
| 50% or less1 | v1325929546 | 111,852 | 110,842 | 109,712 | 108,497 | 106,447 |
| > 50% to ≤ 65% | v1325929547 | 8,332 | 8,453 | 8,441 | 8,301 | 8,422 |
| Over 65% | v1325929548 | 2,222 | 2,495 | 2,434 | 2,114 | 2,356 |
| Drawn amounts | ||||||
| Total | v1325929549 | 33,813 | 32,959 | 32,435 | 31,750 | 31,192 |
| Loan-to-value ratio (LTV ratio) | ||||||
| 50% or less1 | v1325929550 | 30,411 | 29,507 | 29,004 | 28,424 | 27,752 |
| > 50% to ≤ 65% | v1325929551 | 2,611 | 2,597 | 2,594 | 2,594 | 2,617 |
| Over 65% | v1325929552 | 792 | 856 | 837 | 732 | 824 |
Combined mortgage-HELOC loan plans
| Quarter-end, Millions of dollars | CANSIM | 2024Q4 | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|---|---|
| Authorized amounts | ||||||
| Total | v1325929553 | 1,250,276 | 1,265,635 | 1,292,520 | 1,321,427 | 1,352,708 |
| Loan-to-value ratio (LTV ratio) | ||||||
| 50% or less1 | v1325929554 | 503,066 | 490,121 | 490,771 | 484,064 | 463,524 |
| > 50% to ≤ 65% | v1325929555 | 358,311 | 353,084 | 357,295 | 357,250 | 345,544 |
| Over 65% | v1325929556 | 388,899 | 422,430 | 444,455 | 480,113 | 543,641 |
| Drawn amounts | ||||||
| Total | v1325929557 | 849,264 | 854,785 | 873,181 | 892,941 | 914,142 |
| Loan-to-value ratio (LTV ratio) | ||||||
| 50% or less1 | v1325929558 | 269,985 | 257,500 | 256,555 | 250,602 | 236,139 |
| > 50% to ≤ 65% | v1325929559 | 256,932 | 250,043 | 250,908 | 250,046 | 238,383 |
| Over 65% | v1325929560 | 322,348 | 347,242 | 365,719 | 392,294 | 439,620 |
HELOCs and HELOC components of combined mortgage-HELOC loan plans utilization rates
| Quarter-end, Millions of dollars | CANSIM | 2024Q4 | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|---|---|
| Authorized Amounts | ||||||
| Total | v1325929561 | 716,182 | 727,060 | 744,330 | 763,603 | 779,838 |
| Utilization rate (outstanding / authorized)2 | ||||||
| ≥ 0% to ≤ 20% | v1325929562 | 488,987 | 501,017 | 513,841 | 530,619 | 544,678 |
| > 20% to ≤ 40% | v1325929563 | 55,562 | 55,585 | 56,852 | 57,869 | 58,847 |
| > 40% to ≤ 60% | v1325929564 | 42,501 | 42,197 | 42,949 | 43,502 | 43,801 |
| > 60% to ≤ 80% | v1325929565 | 39,056 | 38,763 | 39,544 | 39,815 | 40,100 |
| > 80% to ≤ 100% | v1325929566 | 90,076 | 89,497 | 91,143 | 91,799 | 92,412 |
| Drawn amounts | ||||||
| Total | v1325929567 | 155,075 | 154,207 | 157,151 | 158,639 | 159,997 |
| Utilization rate (outstanding / authorized)2 | ||||||
| ≥ 0% to ≤ 20% | v1325929568 | 9,158 | 9,365 | 9,588 | 9,829 | 10,052 |
| > 20% to ≤ 40% | v1325929569 | 16,188 | 16,203 | 16,554 | 16,843 | 17,117 |
| > 40% to ≤ 60% | v1325929570 | 20,703 | 20,557 | 20,906 | 21,151 | 21,304 |
| > 60% to ≤ 80% | v1325929571 | 26,472 | 26,261 | 26,780 | 26,974 | 27,133 |
| > 80% to ≤ 100% | v1325929572 | 82,554 | 81,821 | 83,324 | 83,842 | 84,391 |
Residential secured lending
This includes drawn amounts, net of allowance for expected credit losses and various balance sheet adjustments.
| Quarter-end, Millions of dollars | CANSIM | 2024Q4 | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|---|---|
| Total real estate secured lending | v1325929573 | 1,976,067 | 1,984,196 | 2,007,166 | 2,031,570 | 2,050,330 |
| HELOC (stand alone) | v1325929574 | 33,844 | 33,020 | 32,452 | 31,791 | 31,270 |
| Mortgage (stand alone) | v1325929575 | 1,015,173 | 1,018,194 | 1,022,191 | 1,028,040 | 1,026,669 |
| Combined mortgage and HELOC plans | v1325929576 | 849,385 | 855,011 | 873,394 | 893,276 | 914,372 |
| Of which: non-amortizing | v1325929577 | 121,438 | 121,431 | 124,948 | 127,141 | 128,934 |
| Of which: amortizing | v1325929578 | 727,947 | 733,580 | 748,445 | 766,135 | 785,438 |
| Other lending secured by real estate | v1325929579 | 77,664 | 77,972 | 79,129 | 78,463 | 78,019 |
| HELOC and non-amortizing part of combined plans | v1325929580 | 155,283 | 154,451 | 157,400 | 158,932 | 160,204 |
| Mortgage and amortizing part of combined plans | v1325929581 | 1,743,120 | 1,751,774 | 1,770,636 | 1,794,175 | 1,812,107 |
Notes
Source: Bank of Canada
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.
The data shown provides information on the Home Equity Lines of Credit (HELOCs) and related products secured by residential properties in Canada with the exception of business loans. Reporting coverage encompasses selected chartered banks with the largest total assets.
The reporting practices for combined plans vary across financial institutions, and the mortgage component of combined plans may be reported as either a mortgage or a HELOC.
For supplemental information and general details on the source data, please visit the Home Equity Lines of Credit (HELOCs) (J2) instructions on the Office of the Superintendent of Financial Institutions (OSFI) website. Please note that the re-advanceable part of a loan has undergone a definition change effective 2021 Q1.