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

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Mortgages1

Month-end, Millions of dollars CANSIM2022‑052022‑062022‑072022‑082022‑09
Funds advanced
Residential mortgages, insured, TotalV1226677247,4808,4786,7495,6384,660
Variable rateV1226677252,7453,1572,5252,0291,497
Fixed rate, <1 yearV122667726366431359361314
Fixed rate, 1 to <3 yearsV122667727681845801849864
Fixed rate, 3 to <5 yearsV1226677288681,001821728792
Fixed rate, 5 years and overV1226677292,8203,0442,2421,6701,193
Residential mortgages, uninsured, TotalV12266773037,96939,30632,62928,77624,366
Variable rateV12266773120,50720,33016,13613,1969,763
Fixed rate, <1 yearV1226677329201,0259291,0451,019
Fixed rate, 1 to <3 yearsV1226677334,1914,9454,8355,7705,958
Fixed rate, 3 to <5 yearsV1226677344,6845,1354,4484,1374,188
Fixed rate, 5 years and overV1226677357,6677,8716,2804,6293,438
Outstanding balances
Residential mortgages, insured, TotalV122667736403,558403,600404,222402,090400,126
Variable rateV12266773778,70480,35283,03984,21085,012
Fixed rate, <1 yearV1226677382,8902,9252,8442,7462,818
Fixed rate, 1 to <3 yearsV12266773914,35114,46714,74814,92015,236
Fixed rate, 3 to <5 yearsV12266774066,88965,91665,24964,20363,612
Fixed rate, 5 years and overV122667741240,724239,941238,343236,011233,449
Residential mortgages, uninsured, TotalV1226677421,019,2351,031,3801,038,6241,047,2761,053,751
Variable rateV122667743383,618397,129406,217414,240419,102
Fixed rate, <1 yearV1226677444,6344,7234,6744,5684,723
Fixed rate, 1 to <3 yearsV12266774557,87359,63561,82565,22069,092
Fixed rate, 3 to <5 yearsV122667746189,654189,377188,716188,509188,575
Fixed rate, 5 years and overV122667747383,456380,517377,192374,740372,259
  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 CANSIM2022‑052022‑062022‑072022‑082022‑09
Funds advanced
Total variable rate mortgages, TotalV12266774823,51323,70218,84415,36911,375
Closed non-convertible variable rate mortgagesV12266774912,25712,58110,2128,6366,551
Closed convertible variable rate mortgagesV12266775010,35510,2137,9296,1354,336
Open variable rate mortgagesV122667751901908703598487

Consumer credit

Month-end, Millions of dollars CANSIM2022‑052022‑062022‑072022‑082022‑09
Funds advanced for non-mortgage loans
Consumer credit, TotalV12266775227,50527,69623,26624,01221,070
Personal loan plansV1226677535,1865,1394,3914,9254,432
Of which: Auto loansV1226677543,7793,7113,2533,8273,519
Personal lines of credit, securedV12266775515,90815,99213,09112,77911,066
Personal lines of credit, unsecuredV1226677564,1424,1393,7084,1183,802
Other personalV1226677572,2692,4262,0752,1901,770
Outstanding balances for non-mortgage loans
Consumer credit, TotalV122667758553,004559,110561,498566,110569,634
Personal loan plansV122667759112,578113,171113,310114,152115,136
Of which: Auto loansV12266776095,66496,18196,37697,13898,150
Credit card loansV12266776174,99376,42177,34678,27079,698
Personal lines of credit, securedV122667762294,702298,087297,960300,073301,384
Personal lines of credit, unsecuredV12266776352,14252,56954,13454,66254,961
Other personalV12266776418,58918,86218,74718,95318,455

Credit extended to corporate sector2

Month-end, Millions of dollars CANSIM2022‑052022‑062022‑072022‑082022‑09
Funds advanced
Business loans, TotalV122667765119,334129,706122,664121,402119,975
non-mortgage loans
To regulated non-bank financial institutionsV1226677664,0153,7763,7173,3913,590
Lease receivablesV122667767857916729713921
Loans to individuals and others for business purposesV122667768109,012119,344113,535112,059110,681
mortgage loans
Non-residential mortgagesV1226677692,3572,4302,0162,3812,418
Outstanding balances
Business loans, TotalV122667770662,504676,957679,674684,262688,867
non-mortgage loans
To regulated non-bank financial institutionsV12266777112,00311,97311,63611,97012,002
Lease receivablesV12266777218,06818,07718,12818,36018,657
Loans to individuals and others for business purposesV122667773440,453453,183455,150458,550463,139
mortgage loans
Non-residential mortgagesV12266777494,57695,07495,11495,07995,247
  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.