Canada Consumer Credit  Forecast


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Consumer Credit in Canada is expected to be 573000.00 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 612369.90 in 12 months time. In the long-term, the Canada Consumer Credit is projected to trend around 614000.00 CAD Million in 2020, according to our econometric models.


Canada Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 55.37 53 52.8 52.8 53.58 53.8
Retail Sales MoM 0.1 0.37 0.37 0.37 0.37 0.3
Retail Sales YoY 6.2 5.77 5.26 4.96 4.79 4.56
Retail Sales Ex Autos 0.3 0.42 0.36 0.34 0.34 0.3
Consumer Spending 1061240 1079918 1088652 1096485 1103900 1110000
Disposable Personal Income 1213848 1170000 1200000 1200000 1248140 1272120
Personal Savings 4.6 4.81 4.83 4.89 4.93 5
Consumer Credit 594551 573000 578000 581000 612370 614000
Private Sector Credit 4076589 4137589 4191911 4240571 4284154 4512062
Bank Lending Rate 3.2 2.7 2.7 2.7 3.61 3.7
Households Debt To Gdp 100 99.17 98.9 98.66 98.44 96.88
Households Debt To Income 170 170 171 171 171 170
Gasoline Prices 0.93 0.78 0.93 0.92 0.92 1.15