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 CANSIM2022‑032022‑042022‑052022‑062022‑07
Funds advanced
Residential mortgages, insured, TotalV1226677247,1527,0877,4808,4786,748
Variable rateV1226677252,6922,6192,7453,1572,525
Fixed rate, <1 yearV122667726291333366431359
Fixed rate, 1 to <3 yearsV122667727578681681845801
Fixed rate, 3 to <5 yearsV1226677281,0168878681,001821
Fixed rate, 5 years and overV1226677292,5742,5682,8203,0442,242
Residential mortgages, uninsured, TotalV12266773037,11936,33437,96939,30632,628
Variable rateV12266773121,89820,46220,50720,33016,136
Fixed rate, <1 yearV1226677327167819201,025929
Fixed rate, 1 to <3 yearsV1226677333,5323,8254,1914,9454,835
Fixed rate, 3 to <5 yearsV1226677344,3404,1064,6845,1354,448
Fixed rate, 5 years and overV1226677356,6337,1607,6677,8716,280
Outstanding balances
Residential mortgages, insured, TotalV122667736409,411405,987403,558403,600404,222
Variable rateV12266773776,11077,25278,70480,35283,039
Fixed rate, <1 yearV1226677383,0122,9462,8902,9252,844
Fixed rate, 1 to <3 yearsV12266773914,80414,58914,35114,46714,748
Fixed rate, 3 to <5 yearsV12266774069,64768,12366,88965,91665,249
Fixed rate, 5 years and overV122667741245,838243,078240,724239,941238,343
Residential mortgages, uninsured, TotalV122667742992,1121,004,6851,019,2351,031,3801,038,624
Variable rateV122667743354,811369,173383,618397,129406,217
Fixed rate, <1 yearV1226677444,4484,5104,6344,7234,674
Fixed rate, 1 to <3 yearsV12266774556,03756,72557,87359,63561,825
Fixed rate, 3 to <5 yearsV122667746190,912190,027189,654189,377188,716
Fixed rate, 5 years and overV122667747385,903384,249383,456380,517377,192
  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 CANSIM2022‑032022‑042022‑052022‑062022‑07
Funds advanced
Total variable rate mortgages, TotalV12266774824,79523,33223,51323,70218,844
Closed non-convertible variable rate mortgagesV12266774912,84912,19412,25712,58110,212
Closed convertible variable rate mortgagesV12266775011,15910,29210,35510,2137,929
Open variable rate mortgagesV122667751788846901908703

Consumer credit

Month-end, Millions of dollars CANSIM2022‑032022‑042022‑052022‑062022‑07
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775224,91424,58827,50527,69623,266
Personal loan plansV1226677534,7734,4105,1865,1394,391
Of which: Auto loansV1226677543,6833,2553,7793,7113,253
Personal lines of credit, securedV12266775514,26814,41015,90815,99213,091
Personal lines of credit, unsecuredV1226677563,7513,6644,1424,1393,708
Other personalV1226677572,1222,1042,2692,4262,075
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758539,481545,298553,004559,110561,498
Personal loan plansV122667759111,586111,786112,578113,171113,310
Of which: Auto loansV12266776094,98695,14995,66496,18196,376
Credit card loansV12266776171,48173,21874,99376,42177,346
Personal lines of credit, securedV122667762286,954290,491294,702298,087297,960
Personal lines of credit, unsecuredV12266776351,55051,65752,14252,56954,134
Other personalV12266776417,91018,14518,58918,86218,747

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2022‑032022‑042022‑052022‑062022‑07
Funds advanced
Business loans, TotalV122667765119,642117,648119,334129,706122,664
non-mortgage loans
To regulated non-bank financial institutionsV1226677663,3864,0334,0153,7763,717
Lease receivablesV122667767835774857916729
Loans to individuals and others for business purposesV122667768109,107107,420109,012119,344113,535
mortgage loans
Non-residential mortgagesV1226677692,8362,6912,3572,4302,016
Outstanding balances
Business loans, TotalV122667770638,869649,215662,504676,957679,674
non-mortgage loans
To regulated non-bank financial institutionsV12266777110,90311,47812,00311,97311,636
Lease receivablesV12266777217,75817,96218,06818,07718,128
Loans to individuals and others for business purposesV122667773421,660429,263440,453453,183455,150
mortgage loans
Non-residential mortgagesV12266777493,41194,26494,57695,07495,114
  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.