Debt service ratios, interest and obligated principal payments on debt, and related statistics for households, Canada.

Quarterly financial flows and stocks of household credit market debt, consumer credit, non-mortgage loans, and mortgage loans, on a seasonally adjusted basis.

Monthly credit aggregates for the household sector, by category.

Quarterly debt to gross domestic product, debt to disposable income and other indicators, for the household sector and the non-profit institutions serving households sector, by category.

Key information about Canada Household Debt

• Canada Household Debt reached 2,110.9 USD bn in Dec 2024, compared with the reported number of 2,161.8 USD bn in the previous month
• Canada Household Debt: USD mn data is updated monthly, available from Jan 1969 to Dec 2024
• The data reached an all-time high of 2,225.1 USD bn in Sep 2024 and a record low of 22.2 USD bn in Jan 1969

CEIC converts monthly Household Debt into USD. Statistics Canada provides Household Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to January 1990 is sourced from the Bank of Canada.


Further information about Canada Household Debt

• In the latest reports, Canada Household Debt accounted for 99.2 % of the country's Nominal GDP in Sep 2024
• Money Supply M2 in Canada increased 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
• Canada Domestic Credit reached 4,647.3 USD bn in Nov 2024, representing an increased of 3.9 % YoY

Households Debt in Canada decreased to 171.10 percent of gross income in 2025 from 173.07 percent in 2024. This dataset provides - Canada Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annual household disposable income, debt service ratio and other statistics, by province and territory.

Key information about Canada Household Debt: % of GDP

• Canada household debt accounted for 99.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 99.0 % in the previous quarter.
• Canada household debt to GDP ratio is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 111.2 % in Dec 2020 and a record low of 30.0 % in Mar 1969.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. Statistics Canada provides Household Debt in local currency. Statistics Canada provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt prior to Q1 1990 is sourced from the Bank of Canada.


Related information about Canada Household Debt: % of GDP

• In the latest reports, Canada Household Debt reached 2,110.9 USD bn in Dec 2024.
• Money Supply M2 in Canada increased 6.1 % YoY in Dec 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.
• Canada Domestic Credit reached 4,531.7 USD bn in Dec 2024, representing an increased of 3.9 % YoY.
• 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.

Assets and debts held by family units and by age groups, total amounts.

Quarterly household disposable income, debt service ratio and other statistics, Canada.

This report tracks aggregate household debt in Canada. The quarterly, not-seasonally-adjusted ratio of household debt to GDP for Canada is sourced from the US Federal Reserve Bank of St. Louis. These quarterly figures are then averaged into annual figures, which are subsequently multiplied by GDP to form aggregate household debt values. GDP, and therefore aggregate household debt, is measured in chained 2012 dollars, and is sourced from Statistics Canada.

General government gross domestic and foreign debt, and financial liabilities by category, quarterly.

Key information about Canada Private Debt: % of Nominal GDP

• Canada Private Debt accounted for 212.62 % of its Nominal GDP in Dec 2024, compared with a ratio of 212.27 % in the previous quarter
• Canada Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 1969 to Dec 2024, with an average share of 129.19 %
• The data reached an all-time high of 237.84 % in Dec 2020 and a record low of 89.28 % in Sep 1976

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as a sum of Loans to Private Non-Financial Corporations and Household sectors. Statistics Canada provides Private Debt and Nominal GDP in local currency. Private Debt prior to Q1 1990 is sourced from the Bank of Canada.

This dataset includes one dataset which was custom ordered from Statistics Canada.The table includes information on housing suitability and shelter-cost-to-income ratio by number of bedrooms, housing tenure, age of primary household maintainer, household type, and income quartile ranges for census subdivisions in British Columbia. The dataset is in Beyond 20/20 (.ivt) format. The Beyond 20/20 browser is required in order to open it. This software can be freely downloaded from the Statistics Canada website: https://www.statcan.gc.ca/eng/public/beyond20-20 (Windows only). For information on how to use Beyond 20/20, please see: http://odesi2.scholarsportal.info/documentation/Beyond2020/beyond20-quickstart.pdf https://wiki.ubc.ca/Library:Beyond_20/20_Guide Custom order from Statistics Canada includes the following dimensions and variables: Geography: Non-reserve CSDs in British Columbia - 299 geographies The global non-response rate (GNR) is an important measure of census data quality. It combines total non-response (households) and partial non-response (questions). A lower GNR indicates a lower risk of non-response bias and, as a result, a lower risk of inaccuracy. The counts and estimates for geographic areas with a GNR equal to or greater than 50% are not published in the standard products. The counts and estimates for these areas have a high risk of non-response bias, and in most cases, should not be released. Housing Tenure Including Presence of Mortgage (5) 1. Total – Private non-band non-farm off-reserve households with an income greater than zero by housing tenure 2. Households who own 3. With a mortgage1 4. Without a mortgage 5. Households who rent Notes: 1) Presence of mortgage - Refers to whether the owner households reported mortgage or loan payments for their dwelling. 2015 Before-tax Household Income Quartile Ranges (5) 1. Total – Private households by quartile ranges1, 2, 3 2. Count of households under or at quartile 1 3. Count of households between quartile 1 and quartile 2 (median) (including at quartile 2) 4. Count of households between quartile 2 (median) and quartile 3 (including at quartile 3) 5. Count of households over quartile 3 Notes: 1) A private household will be assigned to a quartile range depending on its CSD-level location and depending on its tenure (owned and rented). Quartile ranges for owned households in a specific CSD are delimited by the 2015 before-tax income quartiles of owned households with an income greater than zero and residing in non-farm off-reserve dwellings in that CSD. Quartile ranges for rented households in a specific CSD are delimited by the 2015 before-tax income quartiles of rented households with an income greater than zero and residing in non-farm off-reserve dwellings in that CSD. 2) For the income quartiles dollar values (the delimiters) please refer to Table 1. 3) Quartiles 1 to 3 are suppressed if the number of actual records used in the calculation (not rounded or weighted) is less than 16. For cases in which the renters’ quartiles or the owners’ quartiles (figures from Table 1) of a CSD are suppressed the CSD is assigned to a quartile range depending on the provincial renters’ or owners’ quartile figures. Number of Bedrooms (Unit Size) (6) 1. Total – Private households by number of bedrooms1 2. 0 bedrooms (Bachelor/Studio) 3. 1 bedroom 4. 2 bedrooms 5. 3 bedrooms 6. 4 bedrooms Note: 1) Dwellings with 5 bedrooms or more included in the total count only. Housing Suitability (6) 1. Total - Housing suitability 2. Suitable 3. Not suitable 4. One bedroom shortfall 5. Two bedroom shortfall 6. Three or more bedroom shortfall Note: 1) 'Housing suitability' refers to whether a private household is living in suitable accommodations according to the National Occupancy Standard (NOS); that is, whether the dwelling has enough bedrooms for the size and composition of the household. A household is deemed to be living in suitable accommodations if its dwelling has enough bedrooms, as calculated using the NOS. 'Housing suitability' assesses the required number of bedrooms for a household based on the age, sex, and relationships among household members. An alternative variable, 'persons per room,' considers all rooms in a private dwelling and the number of household members. Housing suitability and the National Occupancy Standard (NOS) on which it is based were developed by Canada Mortgage and Housing Corporation (CMHC) through consultations with provincial housing agencies. Shelter-cost-to-income-ratio (4) 1. Total – Private non-band non-farm off-reserve households with an income greater than zero 2. Spending less than 30% of households total income on shelter costs 3. Spending 30% or more of households total income on shelter costs 4. Spending 50% or more of households total income on shelter costs Note: 'Shelter-cost-to-income ratio' refers to the proportion of average total income of household which is spent on shelter costs. Household Statistics (8) 1....

Quarterly gross and net debt to gross domestic product for federal and other levels of general government.

This table contains 60 series, with data for years 1990 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Valuation (2 items: Book value; Market value); Categories (30 items: Total assets; Non-financial assets; Non-residential structures; Machinery and equipment; ...).

Quarterly household disposable income, debt service ratio and other statistics, Canada.

Of the G7 countries, Japan had the highest net debt in terms of share of gross domestic product (GDP) between 2010 and 2024. That year, Japan's government's net debt reached an estimated *** percent of its total GDP. Italy had the second highest debt rate at *** percent of its GDP, whereas Canada had the lowest at only ** percent.

Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, regions and provinces, annual 2010 to 2019 and quarterly starting 2020.

This table contains 6 series, with data for years 1990 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Estimates (6 items: Total government gross debt (book value) to gross domestic product (GDP); Federal government gross debt (book value) to gross domestic product (GDP); Other levels of government gross debt (book value) to gross domestic product (GDP); Total government net debt (book value) to gross domestic product (GDP); ...).