Funds advanced and outstanding balances for new and existing lending by chartered banks

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

Typically published within the third week of the month.

Monthly series

Our Valet API is designed to help you integrate your applications and processes with our data. For details, please see our documentation.

Mortgages1

Month-end, Millions of dollars CANSIM2022‑072022‑082022‑092022‑102022‑11
Funds advanced
Residential mortgages, insured, TotalV1226677246,7495,6384,6604,5184,533
Variable rateV1226677252,5252,0291,4971,025806
Fixed rate, <1 yearV122667726359361314359294
Fixed rate, 1 to <3 yearsV1226677278018498649891,034
Fixed rate, 3 to <5 yearsV1226677288217287929971,213
Fixed rate, 5 years and overV1226677292,2421,6701,1931,1481,187
Residential mortgages, uninsured, TotalV12266773032,62928,77624,36624,80324,421
Variable rateV12266773116,13613,1969,7637,3745,685
Fixed rate, <1 yearV1226677329291,0451,0191,120998
Fixed rate, 1 to <3 yearsV1226677334,8355,7705,9587,3608,135
Fixed rate, 3 to <5 yearsV1226677344,4484,1374,1885,4736,271
Fixed rate, 5 years and overV1226677356,2804,6293,4383,4763,332
Outstanding balances
Residential mortgages, insured, TotalV122667736404,222402,090400,126401,527400,468
Variable rateV12266773783,03984,21085,01278,13477,638
Fixed rate, <1 yearV1226677382,8442,7462,8182,8462,776
Fixed rate, 1 to <3 yearsV12266773914,74814,92015,23616,00316,774
Fixed rate, 3 to <5 yearsV12266774065,24964,20363,61263,82863,638
Fixed rate, 5 years and overV122667741238,343236,011233,449240,715239,642
Residential mortgages, uninsured, TotalV1226677421,038,6241,047,2761,053,7511,055,4841,060,722
Variable rateV122667743406,217414,240419,102418,389417,512
Fixed rate, <1 yearV1226677444,6744,5684,7234,9384,947
Fixed rate, 1 to <3 yearsV12266774561,82565,22069,09374,16580,219
Fixed rate, 3 to <5 yearsV122667746188,716188,509188,575189,310191,529
Fixed rate, 5 years and overV122667747377,192374,740372,258368,683366,515
  1. 1. As of January 2019, insured and uninsured residential mortgages exclude residential mortgages to the corporate sector.[]

Residential variable rate mortgages

Month-end, Millions of dollars CANSIM2022‑072022‑082022‑092022‑102022‑11
Funds advanced
Total variable rate mortgages, TotalV12266774818,84415,36911,3758,5026,542
Closed non-convertible variable rate mortgagesV12266774910,2128,6366,5514,8213,735
Closed convertible variable rate mortgagesV1226677507,9296,1354,3363,3122,501
Open variable rate mortgagesV122667751703598487369305

Consumer credit

Month-end, Millions of dollars CANSIM2022‑072022‑082022‑092022‑102022‑11
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775223,26624,01221,07020,15819,302
Personal loan plansV1226677534,3914,9254,4324,4053,843
Of which: Auto loansV1226677543,2533,8273,5193,5713,033
Personal lines of credit, securedV12266775513,09112,77911,06610,2859,906
Personal lines of credit, unsecuredV1226677563,7084,1183,8023,6383,531
Other personalV1226677572,0752,1901,7701,8302,023
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758561,498566,110569,634571,616573,472
Personal loan plansV122667759113,310114,152115,136115,636115,845
Of which: Auto loansV12266776096,37697,13898,15098,69998,915
Credit card loansV12266776177,34678,27079,69880,69381,690
Personal lines of credit, securedV122667762297,960300,073301,384301,639302,174
Personal lines of credit, unsecuredV12266776354,13454,66254,96155,13855,073
Other personalV12266776418,74718,95318,45518,51018,690

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2022‑072022‑082022‑092022‑102022‑11
Funds advanced
Business loans, TotalV122667765122,664121,402119,975129,059123,345
non-mortgage loans
To regulated non-bank financial institutionsV1226677663,7173,3913,5904,0803,474
Lease receivablesV122667767729713921823709
Loans to individuals and others for business purposesV122667768113,535112,059110,681119,096114,462
mortgage loans
Non-residential mortgagesV1226677692,0162,3812,4182,6102,079
Outstanding balances
Business loans, TotalV122667770679,674684,262688,867696,981703,061
non-mortgage loans
To regulated non-bank financial institutionsV12266777111,63611,97012,00212,55412,420
Lease receivablesV12266777218,12818,36018,65718,77918,621
Loans to individuals and others for business purposesV122667773455,150458,550463,139469,811475,458
mortgage loans
Non-residential mortgagesV12266777495,11495,07995,24795,21695,287
  1. 2. As of January 2019, Total business loans exclude non-residential mortgages to the personal sector.[]

Notes

Source: Bank of Canada

The data shown is to provide information on the funds advanced and outstanding balances vis-à-vis new and existing loans, booked in Canada, in Canadian dollars only, to Canadian households and corporate sectors by institutions. Reporting coverage encompasses banks and foreign bank branches.

Information provided on mortgages and consumer credit tables represent credit extended to individuals for non-business purposes. These loans are those used to finance the acquisition of housing, consumer goods and services, including the acquisition of securities.

The funds advanced and outstanding balance section classify amounts across terms based on the term set at loan origination.

Funds advanced represents the cumulative total of new credit extended, new draws on existing credit facilities, mortgage or term-loan renewals and refinancing for a given month.

Outstanding balances are reported as month-end accounting book values, gross of allowances for expected credit losses. Outstanding balances for credit card lending is reported based on the closest billing cycle period.

Data collection on outstanding balances, auto-loans, open and closed variable rate residential mortgages began in July 2016.

For precise definitions of loan categories and general detail, please visit the Report on New and Existing Lending (A4) instructions on the OSFI website.