Consumer Credit in Canada increased to 785809 CAD Million in February from 785756 CAD Million in January of 2021. source: Statistics Canada

Consumer Credit in Canada averaged 254312.77 CAD Million from 1971 until 2021, reaching an all time high of 802908 CAD Million in December of 2019 and a record low of 11066 CAD Million in February of 1971. This page provides - Canada Consumer Credit - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Consumer Credit - values, historical data and charts - was last updated on May of 2021.

Consumer Credit in Canada is expected to be 889124.00 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 809329.00 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 859428.00 CAD Million in 2022 and 885210.00 CAD Million in 2023, according to our econometric models.

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Canada Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
785809.00 785756.00 802908.00 11066.00 1971 - 2021 CAD Million Monthly
Current Prices, NSA

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 48.63 52.41 57.05 35.60 points [+]
Retail Sales MoM 4.80 -1.10 23.50 -24.90 percent [+]
Retail Sales YoY 6.00 2.40 10.50 -31.80 percent [+]
Retail Sales Ex Autos 4.80 -1.20 15.20 -20.70 percent [+]
Consumer Spending 1135859.00 1137117.00 1193017.00 182407.00 CAD Million [+]
Disposable Personal Income 1397720.00 1411416.00 1473096.00 24872.00 CAD Million [+]
Personal Savings 12.70 14.60 28.20 0.40 percent [+]
Consumer Credit 785809.00 785756.00 802908.00 11066.00 CAD Million [+]
Private Sector Credit 4638279.00 4618784.00 4638279.00 74836.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Gasoline Prices 1.06 0.99 1.32 0.41 USD/Liter [+]
Households Debt To GDP 112.62 110.54 112.62 53.55 percent of GDP [+]
Households Debt To Income 169.87 170.93 174.31 83.56 percent [+]