Consumer Credit in Canada increased to 624427 CAD Million in October from 622367 CAD Million in September of 2018. Consumer Credit in Canada averaged 203894.55 CAD Million from 1971 until 2018, reaching an all time high of 624427 CAD Million in October of 2018 and a record low of 11066 CAD Million in February of 1971.
Consumer Credit in Canada is expected to be 594000.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Canada to stand at 649230.83 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 614000.00 CAD Million in 2020, according to our econometric models.