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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.

Legend

Mortgages
Funds advanced
Residential mortgages, insured, Total
Fixed rate, 5 years and over
Residential mortgages, uninsured, Total
Fixed rate, 5 years and over
Outstanding balances
Residential mortgages, insured, Total
Fixed rate, 5 years and over
Residential mortgages, uninsured, Total
Fixed rate, 5 years and over
Residential variable rate mortgages
Funds advanced
Total variable rate mortgages, Total
Consumer credit
Funds advanced for non-mortgage loans
Consumer credit, Total
Outstanding balances for non-mortgage loans
Consumer credit, Total
Credit extended to corporate sector for mortgage loans
Funds advanced
Business loans, Total
Credit extended to corporate sector
Outstanding balances
Business loans, Total

Monthly series

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Mortgages1

Month-end, Millions of dollars CANSIM2023‑032023‑042023‑052023‑062023‑07
Funds advanced
Residential mortgages, insured, TotalV1226677244,3194,4256,0218,2177,945
Variable rateV122667725247199380370231
Fixed rate, <1 yearV122667726353425560709601
Fixed rate, 1 to <3 yearsV1226677271,0331,1041,2991,5361,234
Fixed rate, 3 to <5 yearsV1226677281,4821,6942,4213,7333,697
Fixed rate, 5 years and overV1226677291,2031,0021,3611,8682,181
Residential mortgages, uninsured, TotalV12266773021,06420,58627,92839,46638,786
Variable rateV1226677311,9551,8042,1422,3301,922
Fixed rate, <1 yearV1226677321,1071,1301,5492,0771,796
Fixed rate, 1 to <3 yearsV1226677337,5947,0978,66410,1678,909
Fixed rate, 3 to <5 yearsV1226677348,1888,57812,97421,01921,240
Fixed rate, 5 years and overV1226677352,2211,9772,5983,8734,917
Outstanding balances
Residential mortgages, insured, TotalV122667736398,188397,920396,938396,583393,999
Variable rateV12266773775,29874,45972,98970,37767,354
Fixed rate, <1 yearV1226677382,8032,9073,1933,7813,857
Fixed rate, 1 to <3 yearsV12266773920,36921,04021,78922,83623,524
Fixed rate, 3 to <5 yearsV12266774064,76265,15066,61668,80070,462
Fixed rate, 5 years and overV122667741234,955234,365232,351230,789228,803
Residential mortgages, uninsured, TotalV1226677421,096,0461,100,0161,105,7721,114,2241,120,601
Variable rateV122667743422,152419,202413,075401,871389,227
Fixed rate, <1 yearV1226677445,5515,7536,4007,5027,753
Fixed rate, 1 to <3 yearsV122667745101,763105,651112,076118,002122,542
Fixed rate, 3 to <5 yearsV122667746204,588209,255217,912232,128246,674
Fixed rate, 5 years and overV122667747361,993360,154356,308354,720354,405
  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 CANSIM2023‑032023‑042023‑052023‑062023‑07
Funds advanced
Total variable rate mortgages, TotalV1226677482,2452,0422,5342,4682,000
Closed non-convertible variable rate mortgagesV1226677491,1481,0741,2331,078885
Closed convertible variable rate mortgagesV122667750800661814713620
Open variable rate mortgagesV122667751296307487677496

Consumer credit

Month-end, Millions of dollars CANSIM2023‑032023‑042023‑052023‑062023‑07
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775219,94218,92423,34226,43622,278
Personal loan plansV1226677534,4343,8385,1025,2924,835
Of which: Auto loansV1226677543,5753,0543,9974,1443,734
Personal lines of credit, securedV1226677559,8209,71711,96213,32411,720
Personal lines of credit, unsecuredV1226677563,8723,6034,1734,0463,816
Other personalV1226677571,8171,7652,1063,7741,907
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758573,093572,578578,265581,921588,493
Personal loan plansV122667759116,432116,883118,036119,133119,968
Of which: Auto loansV12266776099,44899,835100,793101,782102,550
Credit card loansV12266776182,69680,31582,12183,55588,918
Personal lines of credit, securedV122667762300,284301,496303,390304,224304,500
Personal lines of credit, unsecuredV12266776355,40155,53656,05156,43156,563
Other personalV12266776418,28118,34818,66718,57818,542

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2023‑032023‑042023‑052023‑062023‑07
Funds advanced
Business loans, TotalV122667765118,691116,189116,105122,596120,885
non-mortgage loans
To regulated non-bank financial institutionsV1226677663,9413,8234,5804,6944,535
Lease receivablesV1226677677148729079452,318
Loans to individuals and others for business purposesV122667768109,887107,692106,169112,224110,113
mortgage loans
Non-residential mortgagesV1226677692,4382,3672,4422,4592,226
Outstanding balances
Business loans, TotalV122667770687,964685,023686,673697,892704,034
non-mortgage loans
To regulated non-bank financial institutionsV12266777111,87611,53011,92212,64913,094
Lease receivablesV12266777219,13819,23819,33919,70019,810
Loans to individuals and others for business purposesV122667773486,364483,010483,716493,541498,504
mortgage loans
Non-residential mortgagesV12266777496,11596,35696,38496,66396,680
  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.