Consumer Credit in Canada decreased to 785756 CAD Million in January from 791052 CAD Million in December of 2020. source: Statistics Canada

Consumer Credit in Canada averaged 215812.23 CAD Million from 1971 until 2021, reaching an all time high of 795045 CAD Million in November of 2020 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 April of 2021.

Consumer Credit in Canada is expected to be 642791.00 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 810828.00 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 831099.00 CAD Million in 2022 and 846890.00 CAD Million in 2023, according to our econometric models.

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Canada Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
785756.00 791052.00 795045.00 11066.00 1971 - 2021 CAD Million Monthly
Current Prices, NSA

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 50.25 46.34 57.05 35.60 points [+]
Retail Sales MoM -1.10 -3.40 22.20 -24.80 percent [+]
Retail Sales YoY 1.30 2.80 10.50 -31.00 percent [+]
Retail Sales Ex Autos -1.20 -4.10 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 785756.00 791052.00 795045.00 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 [+]
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 [+]
Gasoline Prices 0.99 0.97 1.32 0.41 USD/Liter [+]