Consumer Credit in Canada decreased to 638549 CAD Million in November from 639989 CAD Million in October of 2019. Consumer Credit in Canada averaged 206581.33 CAD Million from 1971 until 2019, reaching an all time high of 639989 CAD Million in October of 2019 and a record low of 11066 CAD Million in February of 1971. source: Statistics Canada

Consumer Credit in Canada is expected to be 631387.00 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 648766.00 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 674314.00 CAD Million in 2020, according to our econometric models.


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Canada Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
638549.00 639989.00 639989.00 11066.00 1971 - 2019 CAD Million Monthly
Current Prices, NSA

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 51.50 53.18 57.05 46.80 points [+]
Retail Sales MoM -1.20 0.00 3.70 -4.50 percent [+]
Retail Sales YoY -0.60 1.00 10.50 -6.50 percent [+]
Retail Sales Ex Autos -0.50 -0.10 3.30 -3.20 percent [+]
Consumer Spending 1180781.00 1176249.00 1180781.00 182407.00 CAD Million [+]
Disposable Personal Income 1298848.00 1271464.00 1298848.00 24872.00 CAD Million [+]
Personal Savings 3.20 1.70 21.60 0.30 percent [+]
Consumer Credit 638549.00 639989.00 639989.00 11066.00 CAD Million [+]
Private Sector Credit 4500784.00 4496633.00 4500784.00 74836.00 CAD Million [+]
Bank Lending Rate 3.95 3.95 22.75 2.25 percent [+]
Households Debt To GDP 102.13 101.30 102.13 52.46 percent of GDP [+]
Households Debt To Income 174.01 174.05 174.05 83.56 percent [+]
Gasoline Prices 0.91 0.88 1.32 0.41 USD/Liter [+]