Consumer Credit in Canada decreased to 614980 CAD Million in May from 624924 CAD Million in April of 2020.

Consumer Credit in Canada averaged 210261.11 CAD Million from 1971 until 2020, reaching an all time high of 642986 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 July of 2020. source: Statistics Canada

Consumer Credit in Canada is expected to be 549905.00 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 624205.00 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 606965.00 CAD Million in 2021 and 618498.00 CAD Million in 2022, according to our econometric models.

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Canada Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
614980.00 624924.00 642986.00 11066.00 1971 - 2020 CAD Million Monthly
Current Prices, NSA

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 44.09 42.33 57.05 35.60 points [+]
Retail Sales MoM 18.70 -25.00 18.70 -25.00 percent [+]
Retail Sales YoY -18.40 -31.20 10.50 -31.20 percent [+]
Retail Sales Ex Autos 10.60 -20.70 10.60 -20.70 percent [+]
Consumer Spending 1159845.00 1187398.00 1187398.00 182407.00 CAD Million [+]
Disposable Personal Income 1319436.00 1309956.00 1319436.00 24872.00 CAD Million [+]
Personal Savings 6.10 3.60 21.60 0.40 percent [+]
Consumer Credit 614980.00 624924.00 642986.00 11066.00 CAD Million [+]
Private Sector Credit 4613784.00 4616240.00 4616240.00 74836.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Gasoline Prices 0.80 0.78 1.32 0.41 USD/Liter [+]
Households Debt To GDP 101.89 101.67 102.13 52.46 percent of GDP [+]
Households Debt To Income 172.22 173.68 174.05 83.56 percent [+]