Consumer Credit in Canada increased to 622751 CAD Million in August from 616076 CAD Million in July of 2020. source: Statistics Canada

Consumer Credit in Canada averaged 211982.55 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 October of 2020.

Consumer Credit in Canada is expected to be 642431.14 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 687945.00 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 652067.60 CAD Million in 2021 and 633303.00 CAD Million in 2022, according to our econometric models.

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Canada Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
622751.00 616076.00 642986.00 11066.00 1971 - 2020 CAD Million Monthly
Current Prices, NSA

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 42.08 45.35 57.05 35.60 points [+]
Retail Sales MoM 0.40 0.60 22.50 -24.80 percent [+]
Retail Sales YoY 3.50 2.90 10.50 -31.00 percent [+]
Retail Sales Ex Autos 0.50 -0.40 15.50 -20.70 percent [+]
Consumer Spending 998375.00 1148851.00 1187398.00 182407.00 CAD Million [+]
Disposable Personal Income 1474308.00 1319436.00 1474308.00 24872.00 CAD Million [+]
Personal Savings 28.20 7.60 28.20 0.40 percent [+]
Consumer Credit 622751.00 616076.00 642986.00 11066.00 CAD Million [+]
Private Sector Credit 4618784.00 4613256.00 4618784.00 74836.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Gasoline Prices 0.78 0.79 1.32 0.41 USD/Liter [+]
Households Debt To GDP 106.16 101.93 106.16 52.46 percent of GDP [+]
Households Debt To Income 166.78 171.74 174.31 83.56 percent [+]