Monthly outstanding value of business loans in Canada 2016-2024

Published by
Fernando de Querol Cumbrera,
Dec 12, 2024

The value of outstanding loans to the corporate sector in Canada grew overall during the period from 2016 to 2024. In particular, between January 2020 and March 2020, there was fast growth, as the value increased from around 481 billion Canadian dollars to around 526 billion during those months. Over the following years, the value increased significantly, reaching an amount of 887.9 billion Canadian dollars in September 2024 - the highest value during the whole period.

Monthly outstanding value of business loans in Canada from October 2016 to September 2024 (in billion Canadian dollars)

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Release date

December 2024

Region

Canada

Survey time period

October 2016 to September 2024

Special properties

Months-end rate

Supplementary notes

Values have been rounded. Adapted from Statistics Canada, Credit extended to corporate sector, October 2016 to September 2024. This does not constitute an endorsement by Statistics Canada of this product.

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