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


Month-end, Millions of dollars CANSIM2020‑102020‑112020‑122021‑012021‑02
Funds advanced
Residential mortgages, insured, TotalV12266772413,42311,96410,5448,7388,885
Variable rateV1226677251,8271,5211,3781,2101,293
Fixed rate, <1 yearV122667726646571528431377
Fixed rate, 1 to <3 yearsV122667727767624528497470
Fixed rate, 3 to <5 yearsV1226677281,9552,0702,1592,0601,991
Fixed rate, 5 years and overV1226677298,2297,1795,9534,5394,755
Residential mortgages, uninsured, TotalV12266773039,43937,43037,08532,31832,415
Variable rateV12266773110,3459,71910,0968,9369,161
Fixed rate, <1 yearV1226677321,0971,101934750670
Fixed rate, 1 to <3 yearsV1226677333,1712,9812,6522,2832,147
Fixed rate, 3 to <5 yearsV1226677347,2287,3468,1688,5558,321
Fixed rate, 5 years and overV12266773517,59816,28315,23611,79312,116
Outstanding balances
Residential mortgages, insured, TotalV122667736452,864451,887448,297445,976441,903
Variable rateV12266773761,67860,74259,94059,29658,614
Fixed rate, <1 yearV1226677385,5835,4585,1954,9374,763
Fixed rate, 1 to <3 yearsV12266773927,29726,08724,82123,81422,577
Fixed rate, 3 to <5 yearsV12266774084,40283,86283,37283,47282,696
Fixed rate, 5 years and overV122667741273,904275,738274,969274,458273,254
Residential mortgages, uninsured, TotalV122667742770,130782,356794,646803,260811,665
Variable rateV122667743162,537166,061170,058173,961177,527
Fixed rate, <1 yearV1226677445,9175,8635,5695,3155,103
Fixed rate, 1 to <3 yearsV12266774568,16166,29564,41362,16560,098
Fixed rate, 3 to <5 yearsV122667746176,304178,197180,806183,324186,081
Fixed rate, 5 years and overV122667747357,211365,940373,800378,495382,855
  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 CANSIM2020‑102020‑112020‑122021‑012021‑02
Funds advanced
Total variable rate mortgages, TotalV12266774812,23611,33311,56110,21810,549
Closed non-convertible variable rate mortgagesV1226677495,3275,0044,9534,6505,234
Closed convertible variable rate mortgagesV1226677505,9125,3895,8024,9024,699
Open variable rate mortgagesV122667751997940806665616

Consumer credit

Month-end, Millions of dollars CANSIM2020‑102020‑112020‑122021‑012021‑02
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775220,63520,13220,24117,62718,525
Personal loan plansV1226677534,0353,6843,2862,7833,352
Of which: Auto loansV1226677543,1622,8292,6102,0582,429
Personal lines of credit, securedV12266775511,93311,84412,25910,64410,748
Personal lines of credit, unsecuredV1226677562,7662,7382,9032,5902,826
Other personalV1226677571,9001,8661,7931,6101,599
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758511,327512,106509,883506,902505,327
Personal loan plansV122667759108,397108,387107,907109,379109,210
Of which: Auto loansV12266776093,84193,91693,72893,25193,004
Credit card loansV12266776169,15869,72268,89866,72364,537
Personal lines of credit, securedV122667762264,138264,714264,667263,218263,931
Personal lines of credit, unsecuredV12266776353,14852,71652,25151,54151,427
Other personalV12266776416,48516,56716,16116,04116,223

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2020‑102020‑112020‑122021‑012021‑02
Funds advanced
Business loans, TotalV12266776582,46482,61089,62675,36376,881
non-mortgage loans
To regulated non-bank financial institutionsV1226677661,9211,8472,0231,6651,951
Lease receivablesV122667767808603792529562
Loans to individuals and others for business purposesV12266776874,49474,69079,94267,89969,077
mortgage loans
Non-residential mortgagesV1226677692,5882,4293,0432,4642,607
Outstanding balances
Business loans, TotalV122667770530,938532,197535,599540,865546,305
non-mortgage loans
To regulated non-bank financial institutionsV1226677718,4848,2898,3458,2838,875
Lease receivablesV12266777216,83816,82416,80416,71416,661
Loans to individuals and others for business purposesV122667773344,579344,646345,945350,260353,611
mortgage loans
Non-residential mortgagesV12266777483,85984,30684,76285,00085,695
  1. 2. As of January 2019, Total business loans exclude non-residential mortgages to the personal sector.[]


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.