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 CANSIM2021‑052021‑062021‑072021‑082021‑09
Funds advanced
Residential mortgages, insured, TotalV12266772410,40611,9749,4788,3007,445
Variable rateV1226677252,7373,4273,1132,9732,665
Fixed rate, <1 yearV122667726473549491469421
Fixed rate, 1 to <3 yearsV122667727645660636614594
Fixed rate, 3 to <5 yearsV1226677281,7821,8761,5721,3731,264
Fixed rate, 5 years and overV1226677294,7685,4623,6672,8722,501
Residential mortgages, uninsured, TotalV12266773040,24746,50840,00737,04633,042
Variable rateV12266773118,90123,02822,12721,63719,254
Fixed rate, <1 yearV122667732837880863873779
Fixed rate, 1 to <3 yearsV1226677332,8883,4183,2223,1973,000
Fixed rate, 3 to <5 yearsV1226677346,7046,9855,7835,1334,455
Fixed rate, 5 years and overV12266773510,91712,1968,0116,2075,554
Outstanding balances
Residential mortgages, insured, TotalV122667736433,971432,240428,931426,678423,749
Variable rateV12266773758,63362,27164,07366,21867,684
Fixed rate, <1 yearV1226677384,6944,3624,3294,1854,068
Fixed rate, 1 to <3 yearsV12266773920,55318,80118,09917,66217,279
Fixed rate, 3 to <5 yearsV12266774080,37579,15578,19677,27576,523
Fixed rate, 5 years and overV122667741269,715267,652264,235261,337258,194
Residential mortgages, uninsured, TotalV122667742858,465879,925896,531911,770924,577
Variable rateV122667743206,998224,259240,674257,525271,542
Fixed rate, <1 yearV1226677444,8224,5944,8874,7964,763
Fixed rate, 1 to <3 yearsV12266774555,41154,90855,09655,36255,387
Fixed rate, 3 to <5 yearsV122667746192,688194,109195,089195,678196,257
Fixed rate, 5 years and overV122667747398,547402,055400,785398,410396,628
  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 CANSIM2021‑052021‑062021‑072021‑082021‑09
Funds advanced
Total variable rate mortgages, TotalV12266774821,77526,64925,40024,77922,070
Closed non-convertible variable rate mortgagesV12266774911,32513,41912,46012,08710,591
Closed convertible variable rate mortgagesV1226677509,45511,81311,76511,48910,473
Open variable rate mortgagesV1226677519951,4171,1751,2041,006

Consumer credit

Month-end, Millions of dollars CANSIM2021‑052021‑062021‑072021‑082021‑09
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775223,29825,80823,82123,77921,858
Personal loan plansV1226677534,5595,1624,7574,7964,195
Of which: Auto loansV1226677543,3003,6883,4233,5173,177
Personal lines of credit, securedV12266775513,51814,96113,58113,27812,502
Personal lines of credit, unsecuredV1226677563,1653,3503,2363,4383,336
Other personalV1226677572,0562,3352,2462,2671,825
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758511,634514,862516,894519,993523,010
Personal loan plansV122667759110,253111,011111,320111,690111,842
Of which: Auto loansV12266776093,88694,62194,98295,35495,585
Credit card loansV12266776164,92265,31466,16866,99167,837
Personal lines of credit, securedV122667762268,720270,559271,672273,320275,253
Personal lines of credit, unsecuredV12266776350,31450,22050,14650,40650,673
Other personalV12266776417,42517,75717,58817,58617,405

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2021‑052021‑062021‑072021‑082021‑09
Funds advanced
Business loans, TotalV12266776593,691108,13295,33587,43889,251
non-mortgage loans
To regulated non-bank financial institutionsV1226677664,2842,0492,7711,9963,109
Lease receivablesV122667767722683651591823
Loans to individuals and others for business purposesV12266776883,52598,86286,36179,21580,160
mortgage loans
Non-residential mortgagesV1226677692,4062,8592,4042,7342,664
Outstanding balances
Business loans, TotalV122667770568,767577,660582,694584,164586,427
non-mortgage loans
To regulated non-bank financial institutionsV1226677718,9729,0939,2808,9349,082
Lease receivablesV12266777216,82916,92316,95316,94716,943
Loans to individuals and others for business purposesV122667773370,968377,290379,727379,637380,169
mortgage loans
Non-residential mortgagesV12266777487,35088,11088,98289,62190,265
  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.