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

Mortgages1

Month-end, Millions of dollars CANSIM2021‑012021‑022021‑032021‑042021‑05
Funds advanced
Residential mortgages, insured, TotalV1226677248,7388,88510,79411,00810,406
Variable rateV1226677251,2101,2931,6742,3602,737
Fixed rate, <1 yearV122667726431377405476473
Fixed rate, 1 to <3 yearsV122667727497470605665645
Fixed rate, 3 to <5 yearsV1226677282,0601,9912,1392,0471,782
Fixed rate, 5 years and overV1226677294,5394,7555,9715,4604,768
Residential mortgages, uninsured, TotalV12266773032,31832,41542,47140,39640,247
Variable rateV1226677318,9369,16113,09516,18218,901
Fixed rate, <1 yearV122667732750670719740837
Fixed rate, 1 to <3 yearsV1226677332,2832,1472,7322,7032,888
Fixed rate, 3 to <5 yearsV1226677348,5558,3219,3947,9726,704
Fixed rate, 5 years and overV12266773511,79312,11616,53212,79910,917
Outstanding balances
Residential mortgages, insured, TotalV122667736445,976441,903438,403436,914433,971
Variable rateV12266773759,29658,61458,26759,13958,633
Fixed rate, <1 yearV1226677384,9374,7634,6054,5014,694
Fixed rate, 1 to <3 yearsV12266773923,81422,57721,37020,31120,553
Fixed rate, 3 to <5 yearsV12266774083,47282,69681,81281,00880,375
Fixed rate, 5 years and overV122667741274,458273,254272,349271,954269,715
Residential mortgages, uninsured, TotalV122667742803,260811,665825,511841,982858,465
Variable rateV122667743173,961177,527183,084193,461206,998
Fixed rate, <1 yearV1226677445,3155,1034,9434,8884,822
Fixed rate, 1 to <3 yearsV12266774562,16560,09857,98556,46255,411
Fixed rate, 3 to <5 yearsV122667746183,324186,081189,000191,512192,688
Fixed rate, 5 years and overV122667747378,495382,855390,499395,660398,547
  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 CANSIM2021‑012021‑022021‑032021‑042021‑05
Funds advanced
Total variable rate mortgages, TotalV12266774810,21810,54914,87818,63321,775
Closed non-convertible variable rate mortgagesV1226677494,6505,2347,2299,78011,325
Closed convertible variable rate mortgagesV1226677504,9024,6996,8908,0059,455
Open variable rate mortgagesV122667751665616759848995

Consumer credit

Month-end, Millions of dollars CANSIM2021‑012021‑022021‑032021‑042021‑05
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775217,62718,52522,75923,45023,298
Personal loan plansV1226677532,7833,3524,5024,6564,559
Of which: Auto loansV1226677542,0582,4293,5463,5883,300
Personal lines of credit, securedV12266775510,64410,74813,20513,61913,518
Personal lines of credit, unsecuredV1226677562,5902,8263,1883,1503,165
Other personalV1226677571,6101,5991,8652,0252,056
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758506,902505,327507,947509,739511,634
Personal loan plansV122667759109,379109,210109,537109,942110,253
Of which: Auto loansV12266776093,25193,00493,36093,70093,886
Credit card loansV12266776166,72364,53765,53664,94464,922
Personal lines of credit, securedV122667762263,218263,931265,259267,260268,720
Personal lines of credit, unsecuredV12266776351,54151,42751,07550,70150,314
Other personalV12266776416,04116,22316,54116,89217,425

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2021‑012021‑022021‑032021‑042021‑05
Funds advanced
Business loans, TotalV12266776575,36276,88090,77987,83693,691
non-mortgage loans
To regulated non-bank financial institutionsV1226677661,6651,9512,2372,3694,284
Lease receivablesV122667767529562730844725
Loans to individuals and others for business purposesV12266776867,89969,07782,08878,34583,523
mortgage loans
Non-residential mortgagesV1226677692,4642,6072,9452,8652,405
Outstanding balances
Business loans, TotalV122667770540,865546,305553,829557,279568,767
non-mortgage loans
To regulated non-bank financial institutionsV1226677718,2838,8758,9829,2348,972
Lease receivablesV12266777216,71416,66116,69916,85716,959
Loans to individuals and others for business purposesV122667773350,260353,611359,028360,372370,838
mortgage loans
Non-residential mortgagesV12266777485,00085,69586,49787,00787,350
  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.