Canada: Business credit

* indicates monthly or quarterly data series
The most recent value is 3407.86 billion Canadian Dollar as of September 2024, an increase compared to the previous value of 3391.77 billion Canadian Dollar. Historically, the average for Canada from January 1969 to September 2024 is 953.48 billion Canadian Dollar. The minimum of 50.55 billion Canadian Dollar was recorded in January 1969, while the maximum of 3407.86 billion Canadian Dollar was reached in September 2024. Click on the following link to see the values of: Business credit around the world.
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* indicates monthly or quarterly data series

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Recent values Canada: Business credit, billion currency units
2024  Sep 3407.86
2024  Aug 3391.77
2024  Jul 3388.44
2024  Jun 3366.65
2024  May 3385.37
2024  Apr 3368.84
2024  Mar 3352.3
2024  Feb 3342.79


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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest Reference Measure
 Inflation 3.9 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1.4394 1/2025 Local Currency Units per USD
 Money supply (broad money) 2,587.56 9/2024 billion
 Consumer Price Index (CPI) 161.2000 12/2024 index points
 Inflation, monthly -0.37 12/2024 percent
 Inflation, annual 1.83 12/2024 percent
 Private sector credit 6,412.10 9/2024 billion
 Business credit 3,407.86 9/2024 billion
 Household credit 3,004.24 9/2024 billion
 Mortgage credit 2,219.03 9/2024 billion
 Consumer credit 785.20 9/2024 billion
 Business credit interest rate 6.12 9/2024 percent
 Mortgage credit interest rate 4.73 9/2024 percent
 Policy rate 3.25 12/2024 percent
 Household debt to GDP 101.80 6/2024 percent
 Debt service ratios for private non-financial sector 24.90 Q2/2024 percent
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