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.

Typically published on the last Friday of the month.

Monthly Series

Monthly average or average of month ends, Millions of dollarsCANSIM2019‑122020‑012020‑022020‑032020‑04
Household credit
Consumer credit
Chartered banks (Unadjusted)V122700540,252536,240534,656536,665524,774
Chartered banks (Seasonally adjusted)V122709536,975538,107539,307541,635529,202
Non-banks (Unadjusted)1 V12261100989,28589,45689,64390,10486,195
Non-banks (Seasonally adjusted)1 V12261101089,37489,53789,71790,17486,260
Off-balance sheet securitization (Unadjusted)V12270612,32812,37112,26512,16012,214
Off-balance sheet securitization (Seasonally adjusted)V12271512,32812,37112,26512,16012,214
Adjustments to consumer credit (Unadjusted)V12270500000
Adjustments to consumer credit (Seasonally adjusted)V12271400000
Total consumer credit (Unadjusted)V122698641,865638,067636,564638,929623,183
Total consumer credit (Seasonally adjusted)V122707638,857640,233641,470644,040627,877
Residential mortgage credit
Chartered banks (Unadjusted)V1227381,226,6871,230,0031,233,4811,239,4281,247,339
Chartered banks (Seasonally adjusted)V1227481,221,1551,228,1411,234,3271,242,7931,252,317
Non-banks (Unadjusted)2 V122611011330,291331,892333,487335,950338,568
Non-banks (Seasonally adjusted)2 V122611013330,299332,230333,953336,436339,024
Off-balance sheet securitization (Unadjusted)3 V12261101267,75166,61465,76065,54365,014
Of which: NHA mortgage-backed securities (Unadjusted)V12274457,65856,53255,74055,58555,042
Off-balance sheet securitization (Seasonally adjusted)3 V12261101467,75166,61465,76065,54365,014
Of which: NHA mortgage-backed securities (Seasonally adjusted)V12275457,65856,53255,74055,58555,042
Total residential mortgage credit (Unadjusted)V1227361,624,7291,628,5091,632,7281,640,9211,650,921
Total residential mortgage credit (Seasonally adjusted)V1227461,619,2051,626,9851,634,0401,644,7721,656,354
Total household credit (Unadjusted)V364082,266,5942,266,5762,269,2922,279,8502,274,104
Total household credit (Seasonally adjusted)V364152,258,0622,267,2182,275,5102,288,8122,284,231
Business credit
Business loans
Non-mortgage loans
Chartered banks
Chartered banks (Unadjusted)V122631482,229478,348485,309526,947538,609
Chartered banks (Seasonally adjusted)V122645480,160482,472490,692528,209538,650
Of which: Foreign currency loans to residents (Unadjusted)V12263490,79293,11197,914116,986130,929
Of which: Leasing receivables (Unadjusted)V12266115,23915,38515,29015,04615,089
Non-banks
Non-banks (Unadjusted)4 V122611004149,519149,726149,637149,866150,492
Non-banks (Seasonally adjusted)4 V122611005149,519149,726149,637149,866150,492
Off-balance sheet securitization (Unadjusted)V1226536,3196,3276,4986,6696,723
Total non-mortgage loans (Unadjusted)V105926373638,067634,401641,444683,482695,824
Non-Residential mortgages
Chartered banks (Unadjusted)V12265677,42877,93078,46278,43678,960
Non-banks (Unadjusted)2 V12261100694,08794,66995,33795,30495,937
Non-banks (Seasonally adjusted)2 V12261100794,08794,66995,33795,30495,937
Off-balance sheet securitization (Unadjusted)V1226552,8482,8542,8792,9042,990
Total non-residential mortgages (Unadjusted)V105926374174,363175,453176,678176,644177,887
Bankers' acceptances
Bankers' acceptances (Unadjusted)V12263588,21797,47693,15988,177102,320
Bankers' acceptances (Seasonally adjusted)V12264992,40599,15992,14887,947101,326
Total business loans (Unadjusted)V105926371900,647907,330911,281948,303976,031
Total business loans (Seasonally adjusted)V105926372902,766913,138915,654949,335975,079
Debt securities
Commercial paper issued by non-financial corporations (Unadjusted)V12265214,52014,50414,54911,4509,490
Commercial paper issued by non-financial corporations (Seasonally adjusted)V442786114,52014,50414,54911,4509,490
Bonds and debentures (Unadjusted)V122640607,448608,793610,219609,633612,225
Equity
Equity and warrants (Unadjusted)V122642675,448672,325669,048669,550669,296
Trust units (Unadjusted)V2063838052,32852,25752,48752,87053,070
Total business credit (Unadjusted)V1226432,250,3912,255,2092,257,5842,291,8062,320,112
Total business credit (Seasonally adjusted)V1226472,252,5102,261,0172,261,9572,292,8382,319,160
Total household and business credit (Unadjusted)V1226444,516,9814,521,7854,526,8744,571,6544,594,213
Total household and business credit (Seasonally adjusted)V1226484,510,5684,528,2344,537,4654,581,6494,603,388
  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.[]