Consumer Credit in Canada increased to 827701 CAD Million in May from 822720 CAD Million in April of 2026. Consumer Credit in Canada averaged 307784.41 CAD Million from 1971 until 2026, reaching an all time high of 827701.00 CAD Million in May of 2026 and a record low of 11066.00 CAD Million in February of 1971. source: Statistics Canada

Consumer Credit in Canada is expected to be 820034.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Consumer Credit is projected to trend around 853550.00 CAD Million in 2027 and 874888.00 CAD Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Credit 827701.00 822720.00 CAD Million May 2026
Consumer Spending 1439531.00 1434309.00 CAD Million Mar 2026
Disposable Personal Income 1811968.00 1801452.00 CAD Million Mar 2026
Households Debt to GDP 100.33 100.65 percent of GDP Mar 2026
Households Debt to Income 174.90 175.30 percent Mar 2026
Personal Savings 3.50 3.70 percent Mar 2026
Retail Sales Ex Autos MoM 1.20 0.00 percent May 2026
Retail Sales MoM 0.40 1.00 percent Jun 2026
Retail Sales YoY 5.90 3.60 percent May 2026


Canada Consumer Credit
Actual Previous Highest Lowest Dates Unit Frequency
827701.00 822720.00 827701.00 11066.00 1971 - 2026 CAD Million Monthly
Current Prices, NSA