Key information about Canada Total Deposit Growth

• Canada Total Deposit Growth was reported at 6.1 % in Dec 2024
• This records a decrease from the previous number of 7.2 % for Nov 2024
• Canada Total Deposit Growth data is updated monthly, averaging 8.0 % from Jan 2010 to Dec 2024, with 180 observations
• The data reached an all-time high of 17.1 % in Jun 2020 and a record low of -4.4 % in Mar 2010
• Canada Total Deposit Growth data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Deposits: Y-o-Y Growth: Monthly

CEIC calculates monthly Total Deposits Growth from monthly Total Deposits. Total Deposits is calculated as the sum of Demand & Notice Deposits and Fixed Term Deposits. The Office of the Superintendent of Financial Institutions provides Total Deposits in local currency. Total Deposits covers all banks.

Key information about Canada Domestic Credit Growth

• Canada Domestic Credit increased 3.9 % YoY in Dec 2024, compared with an increase of 3.8 % YoY in the previous month
• Canada Domestic Credit Growth YoY data is updated monthly
• It averaged 7.4 %, available from Jan 1970 to Dec 2024
• The data reached an all-time high of 19.6 % in Aug 1981 and a record low of 1.3 % in Jun 2003

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. Domestic Credit is calculated as the sum of Private Non-Financial Corporations and Household sectors. Statistics Canada provides Domestic Credit in local currency. Domestic Credit Growth prior to January 1991 is sourced from the Bank of Canada.


Further information about Canada Domestic Credit Growth

• In the latest reports, Canada Domestic Credit reached 4,531.7 USD bn in Dec 2024
• Money Supply M2 in Canada increased to 1,873.3 USD bn YoY in Nov 2024
• Canada Foreign Exchange Reserves was measured at 90.2 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Dec 2024
• The country's Non Performing Loans Ratio stood at 0.6 % in Sep 2024, compared with the ratio of 0.5 % in the previous quarter
• Household Debt of Canada reached 99.2 % in Sep 2024, accounting for 99.2 % of the country's Nominal GDP

This table contains 39 series, with data for starting from 1991 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Financial market statistics (39 items: Government of Canada Treasury Bills, 1-month (composite rates); Government of Canada Treasury Bills, 2-month (composite rates); Government of Canada Treasury Bills, 3-month (composite rates);Government of Canada Treasury Bills, 6-month (composite rates); ...).

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The Gross Domestic Product (GDP) in Canada expanded 0.50 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Canada GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by December 2024. In early 2025, inflation began to increase again, rising to *** percent in February, and dropping to *** percent in March. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of **** percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to *** percent in December 2024. In 2025, the bank rate witnessed two cuts, standing at ***** percent in May 2025. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at *** percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching **** percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at **** percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.

Key information about Canada Total Loans Growth

• Canada Total Loans Growth was reported at 3.38 % in Dec 2024
• This records a decrease from the previous number of 3.40 % for Nov 2024
• Canada Total Loans Growth data is updated monthly, averaging 6.91 % from Jan 1970 to Dec 2024, with 660 observations
• The data reached an all-time high of 23.88 % in Jul 1974 and a record low of -1.43 % in Jul 1983
• Canada Total Loans Growth data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Loans: Y-o-Y Growth: Monthly

CEIC calculates monthly Total Loans Growth from monthly Total Loans. Total Loans are calculated as the sum of Private Non Financial Corporations Loans and Household Loans. Statistics Canada provides Loans to Private Non Financial Corporations and Households in local currency. Total Loans Growth cover lenders as All Financial Institutions. Total Loans Growth cover debtors as Private Non Financial Corporations and Household Sector only. Total Loans Growth prior to January 1991 is sourced from the Bank of Canada.

Canada CA: GDP: Growth: Adjusted Net National Income data was reported at 8.880 % in 2021. This records an increase from the previous number of -7.395 % for 2020. Canada CA: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 2.990 % from Dec 1971 (Median) to 2021, with 51 observations. The data reached an all-time high of 8.880 % in 2021 and a record low of -7.395 % in 2020. Canada CA: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Canada was worth 2241.25 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Canada represents 2.11 percent of the world economy. This dataset provides - Canada GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

RY:TSX Royal Bank of Canada

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Canada CA: GDP: Growth: Gross Value Added: Services data was reported at 2.199 % in 2016. This records an increase from the previous number of 2.116 % for 2015. Canada CA: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.199 % from Dec 2008 (Median) to 2016, with 9 observations. The data reached an all-time high of 2.728 % in 2011 and a record low of -0.257 % in 2009. Canada CA: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Bank margins in Canada are on a downward trend, but are still well above comparable markets. Cost-to-income ratios have remained flat since 2010. Growth in credit card balances and mortgages will remain strong, although growth in personal loan balances will slow significantly between 2018 and 2022. Read More

The Canadian home lending market, valued at approximately $X million in 2025 (assuming a reasonable market size based on available data and comparable markets), is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.00% through 2033. This expansion is fueled by several key drivers. Increasing homeownership aspirations among Canadians, particularly among millennials and Gen Z, are significantly contributing to market demand. Favorable government policies aimed at supporting affordable housing, though potentially fluctuating, also play a vital role. Furthermore, the rise of innovative financial technologies and the increasing accessibility of online lending platforms are streamlining the borrowing process and broadening market reach. Competition is intense among a diverse range of lenders, including commercial banks (like Bank of Montreal and National Bank of Canada), financial institutions, credit unions (such as PenFinancial and First Ontario), and specialized mortgage providers (like True North Mortgage and IntelliMortgage). This competitive landscape fosters innovation and drives down costs for borrowers. However, the market faces challenges. Rising interest rates represent a significant restraint, impacting affordability and potentially slowing growth. Stringent lending regulations, designed to mitigate risk, can also restrict lending volume to some extent. Furthermore, economic uncertainties and fluctuations in housing prices can influence market sentiment and borrower confidence. Market segmentation shows considerable diversity, with fixed-rate loans maintaining a significant share, alongside growing demand for home equity lines of credit. The rise of online lending is transforming the sector, though offline channels remain important, particularly for complex mortgages or those requiring personalized guidance. The forecast period (2025-2033) presents both opportunities and risks for lenders, requiring strategic adaptation to prevailing economic and regulatory conditions. The continued growth of the market depends upon careful balance between affordable housing options and sustainable financial practices. Recent developments include: On March 15, 2022, First Ontario Credit Union announced its merger with Heritage savings & Credit union to offer the best in financial products and services., On February 09, 2022, Hello safe announced a new partnership with Hard bacon, a personal finance application used by more than 35,000 Canadians, this partnership is to leverage Hard bacon's portfolio of comparison tools.. Notable trends are: A Rise in Home Prices Boosting Home Equity Lending Market.

Canada CA: GDP: Growth: Gross Capital Formation data was reported at -6.718 % in 2023. This records a decrease from the previous number of 7.250 % for 2022. Canada CA: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 3.642 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 15.962 % in 1997 and a record low of -22.081 % in 1982. Canada CA: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

Logistics performance index: Ease of arranging competitively priced shipments (1=low to 5=high) in Canada was reported at 3.6 1=low to 5=high in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - Logistics performance index: Ease of arranging competitively priced shipments (1=low to 5=high) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Logistics performance index: Quality of trade and transport-related infrastructure (1=low to 5=high) in Canada was reported at 4.3 1=low to 5=high in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Canada - Logistics performance index: Quality of trade and transport-related infrastructure (1=low to 5=high) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The Canadian home lending market, valued at approximately $XX million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5% through 2033. This expansion is fueled by several key factors. Firstly, a consistently growing population and increasing urbanization are driving demand for housing, particularly in major metropolitan areas. Secondly, favorable government policies aimed at supporting homeownership, while subject to change, have historically played a crucial role. Thirdly, the prevalence of low-interest rates (though subject to fluctuations) in recent years has made mortgages more accessible to a wider range of borrowers. Finally, the diverse range of lenders, including commercial banks, financial institutions, credit unions, and online lenders, fosters competition and innovation within the market, offering consumers more choice and potentially better rates. However, the market is not without its challenges. Rising interest rates, inflation, and potential economic downturns pose significant risks to the sustained growth trajectory. Furthermore, stricter lending regulations implemented to mitigate risks within the financial system could impact affordability and accessibility for some borrowers. Market segmentation reveals a preference for fixed-rate loans and a growing adoption of online lending platforms, alongside continued reliance on traditional brick-and-mortar institutions. Key players in the market, such as HSBC Bank Canada, Tangerine Direct Bank, and others, compete aggressively to capture market share through varied product offerings and service models. The market’s long-term prospects remain positive, albeit contingent on macroeconomic stability and regulatory shifts. Continued innovation and adaptation by lenders will be crucial in navigating the evolving landscape of the Canadian home lending market. This insightful report provides a deep dive into the dynamic Canadian home lending market, analyzing key trends, growth drivers, and challenges from 2019 to 2033. With a focus on the crucial year 2025 (base and estimated year), this comprehensive study offers invaluable insights for stakeholders across the industry. We leverage data from the historical period (2019-2024) to project the market's trajectory during the forecast period (2025-2033). Keywords: Canadian mortgage market, home equity loans Canada, mortgage rates Canada, online mortgage lenders Canada, Canadian real estate finance. Recent developments include: On March 15, 2022, First Ontario Credit Union announced its merger with Heritage savings & Credit union to offer the best in financial products and services., On February 09, 2022, Hello safe announced a new partnership with Hard bacon, a personal finance application used by more than 35,000 Canadians, this partnership is to leverage Hard bacon's portfolio of comparison tools.. Notable trends are: A Rise in Home Prices Boosting Home Equity Lending Market.

Canada CA: GDP: Growth: GNI data was reported at 0.952 % in 2023. This records a decrease from the previous number of 3.320 % for 2022. Canada CA: GDP: Growth: GNI data is updated yearly, averaging 2.864 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 6.643 % in 1973 and a record low of -4.579 % in 2020. Canada CA: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;