Selected credit measures (formerly E2)

The Bank of Canada and Statistics Canada both produce aggregate measures of borrowing, or credit, for sectors of the Canadian economy. Notes explaining the differences between the two measures of household credit and business credit are available on Statistics Canada’s website. Reconciliation tables for household mortgages, consumer credit, non-residential mortgages, non-mortgage credit, and short term paper are updated quarterly.

On this page you can graph, download and view the latest monthly data. See the notes for this table for metadata and background information.

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Through December 2020, the Bank is gradually phasing out the dissemination of credit aggregates and securities statistics. This table will be discontinued after the release of September 2020 data. Learn more.

Typically published on the last Friday of the month.

Monthly Series

Monthly average or average of month ends, Millions of dollarsCANSIM2020‑012020‑022020‑032020‑042020‑05
Household credit
Consumer credit
Chartered banks (Unadjusted)V122700536,240534,656536,665524,774517,127
Chartered banks (Seasonally adjusted)V122709538,107539,307541,635529,202518,610
Non-banks (Unadjusted)1 V12261100990,42690,62591,09687,61485,047
Non-banks (Seasonally adjusted)1 V12261101090,50890,69991,16787,68085,046
Off-balance sheet securitization (Unadjusted)V12270612,54312,48812,43212,53612,806
Off-balance sheet securitization (Seasonally adjusted)V12271512,54312,48812,43212,53612,806
Adjustments to consumer credit (Unadjusted)V12270500000
Adjustments to consumer credit (Seasonally adjusted)V12271400000
Total consumer credit (Unadjusted)V122698639,209637,769640,193624,924614,980
Total consumer credit (Seasonally adjusted)V122707641,379642,685645,314629,631616,395
Residential mortgage credit
Chartered banks (Unadjusted)V1227381,230,0031,233,4811,239,4281,247,3391,255,544
Chartered banks (Seasonally adjusted)V1227481,228,1381,234,3251,242,7951,252,3241,260,779
Non-banks (Unadjusted)2 V122611011346,936348,786351,505354,103356,753
Non-banks (Seasonally adjusted)2 V122611013347,278349,254351,989354,552356,994
Off-balance sheet securitization (Unadjusted)3 V12261101266,64265,87965,75365,27264,366
Of which: NHA mortgage-backed securities (Unadjusted)V12274456,53255,74055,58555,04254,041
Off-balance sheet securitization (Seasonally adjusted)3 V12261101466,64265,87965,75365,27264,366
Of which: NHA mortgage-backed securities (Seasonally adjusted)V12275456,53255,74055,58555,04254,041
Total residential mortgage credit (Unadjusted)V1227361,643,5811,648,1461,656,6861,666,7141,676,663
Total residential mortgage credit (Seasonally adjusted)V1227461,642,0571,649,4581,660,5371,672,1471,682,139
Total household credit (Unadjusted)V364082,282,7902,285,9152,296,8792,291,6382,291,643
Total household credit (Seasonally adjusted)V364152,283,4362,292,1432,305,8512,301,7782,298,534
Business credit
Business loans
Non-mortgage loans
Chartered banks
Chartered banks (Unadjusted)V122631478,348485,309526,947538,609531,785
Chartered banks (Seasonally adjusted)V122645482,472490,692528,209538,650528,855
Of which: Foreign currency loans to residents (Unadjusted)V12263493,11197,914116,986130,929122,715
Of which: Leasing receivables (Unadjusted)V12266115,38515,29015,04615,08915,075
Non-banks
Non-banks (Unadjusted)4 V122611004152,918153,270153,939154,901155,582
Non-banks (Seasonally adjusted)4 V122611005152,918153,270153,939154,901155,582
Off-balance sheet securitization (Unadjusted)V1226536,3246,4886,6516,7086,653
Total non-mortgage loans (Unadjusted)V105926373637,590645,067687,537700,218694,020
Non-Residential mortgages
Chartered banks (Unadjusted)V12265677,93078,46278,43678,96079,592
Non-banks (Unadjusted)2 V12261100694,30394,97994,95495,56396,326
Non-banks (Seasonally adjusted)2 V12261100794,30394,97994,95495,56396,326
Off-balance sheet securitization (Unadjusted)V1226552,8122,8122,8112,8813,022
Total non-residential mortgages (Unadjusted)V105926374175,045176,253176,201177,404178,940
Bankers' acceptances
Bankers' acceptances (Unadjusted)V12263597,47693,15988,177102,32093,237
Bankers' acceptances (Seasonally adjusted)V12264999,15992,14887,947101,32693,394
Total business loans (Unadjusted)V105926371910,111914,479951,915979,942966,197
Total business loans (Seasonally adjusted)V105926372915,919918,852952,947978,990963,424
Debt securities
Commercial paper issued by non-financial corporations (Unadjusted)V12265214,50414,54911,4509,4909,603
Commercial paper issued by non-financial corporations (Seasonally adjusted)V442786114,50414,54911,4509,4909,603
Bonds and debentures (Unadjusted)V122640608,793610,219610,383613,725625,533
Equity
Equity and warrants (Unadjusted)V122642671,688668,308668,706668,380667,736
Trust units (Unadjusted)V2063838052,25752,48752,87053,07053,073
Total business credit (Unadjusted)V1226432,257,3532,260,0422,295,3242,324,6072,322,142
Total business credit (Seasonally adjusted)V1226472,263,1612,264,4152,296,3562,323,6552,319,369
Total household and business credit (Unadjusted)V1226444,540,1454,545,9534,592,2034,616,2404,613,784
Total household and business credit (Seasonally adjusted)V1226484,546,5984,556,5544,602,2084,625,4294,617,902
  1. 1. Non-banks include trust and mortgage loan companies, credit unions and caisses populaires, life insurance companies, and non-depository credit intermediaries and other institutions.[]
  2. 2. Non-banks include trust and mortgage loan companies, credit unions and caisses populaires, life insurance companies, pension funds and non-depository credit intermediaries and other financial institutions.[]
  3. 3. Residential Mortgage Off-balance sheet securitization includes chartered bank and non-bank's NHA mortgage backed securities and traditional mortgage backed securities.[]
  4. 4. Non-banks include non-depository credit intermediaries and other institutions.[]