Warning View the most recent version.

Archived Content

Information identified as archived on the Web is for reference, research or recordkeeping purposes. It has not been altered or updated after the date of archiving. Web pages that are archived on the Web are not subject to the Government of Canada Web Standards. As per the Communications Policy of the Government of Canada, you can request alternate formats on the "Contact Us" page.

Credit market summary table

Standard symbols

  Fourth quarter 2002 First quarter 2003 Second quarter 2003 Third quarter 2003 Fourth quarter 2003 First quarter 2004 2002 2003
Millions of dollars at quarter end
Debt outstanding of:
Persons and unicorporated business
795,090
802,967
819,399
834,781
844,768
836,816
795,090
844,768
1.0
1.0
2.0
1.9
1.2
-0.9
5.8
6.2
Consumer credit
204,274
205,645
211,584
217,529
222,092
222,876
204,274
222,092
2.2
0.7
2.9
2.8
2.1
0.4
8.5
8.7
Bank loans
32,075
33,555
33,717
33,538
33,417
19,069
32,075
33,417
-1.0
4.6
0.5
-0.5
-0.4
-42.9
-1.6
4.2
Other loans
67,522
68,319
68,504
68,801
68,557
69,596
67,522
68,557
0.6
1.2
0.3
0.4
-0.4
1.5
3.6
1.5
Mortgages
491,219
495,448
505,594
514,913
520,702
525,275
491,219
520,702
0.8
0.9
2.0
1.8
1.1
0.9
5.5
6.0
Non-financial private corporations
567,930
556,461
542,326
540,634
544,885
555,371
567,930
544,885
-0.5
-2.0
-2.5
-0.3
0.8
1.9
1.2
-4.1
Bank loans
108,663
107,908
106,903
107,774
106,069
108,802
108,663
106,069
0.5
-0.7
-0.9
0.8
-1.6
2.6
0.4
-2.4
Other loans
81,943
77,986
77,355
76,169
77,407
75,723
81,943
77,407
1.5
-4.8
-0.8
-1.5
1.6
-2.2
-0.7
-5.5
Other short-term paper
48,644
47,517
40,596
40,500
36,092
39,567
48,644
36,092
-11.3
-2.3
-14.6
-0.2
-10.9
9.6
-7.7
-25.8
Mortgages
97,030
98,339
99,421
99,913
100,954
102,521
97,030
100,954
0.6
1.3
1.1
0.5
1.0
1.6
2.7
4.0
Bonds
231,650
224,711
218,051
216,278
224,363
228,758
231,650
224,363
0.3
-3.0
-3.0
-0.8
3.7
2.0
3.8
-3.1
Non-financial government enterprises
70,065
70,611
70,811
67,766
66,214
68,198
70,065
66,214
2.7
0.8
0.3
-4.3
-2.3
3.0
-1.8
-5.5
Bank loans
2,456
2,650
3,085
2,223
3,233
2,717
2,456
3,233
18.4
7.9
16.4
-27.9
45.4
-16.0
28.3
31.6
Other loans
4,536
7,437
6,690
6,752
5,942
5,944
4,536
5,942
-5.3
64.0
-10.0
0.9
-12.0
0.0
5.3
31.0
Other short-term paper
8,409
7,794
8,053
8,005
7,078
6,370
8,409
7,078
7.8
-7.3
3.3
-0.6
-11.6
-10.0
3.6
-15.8
Mortgages
104
104
100
99
99
99
104
99
7.2
0.0
-3.8
-1.0
0.0
0.0
6.1
-4.8
Canada bonds
0
0
0
0
0
0
0
0
...
...
...
...
...
...
...
...
Provincial bonds
52,809
50,320
50,084
48,116
48,051
51,332
52,809
48,051
1.7
-4.7
-0.5
-3.9
-0.1
6.8
-5.7
-9.0
Municipal bonds
121
121
121
121
121
121
121
121
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Other bonds
1,630
2,185
2,678
2,450
1,690
1,615
1,630
1,690
17.0
34.0
22.6
-8.5
-31.0
-4.4
110.6
3.7
Federal government
434,865
435,222
433,457
434,204
430,411
430,826
434,865
430,411
-0.4
0.1
-0.4
0.2
-0.9
0.1
-0.2
-1.0
Bank loans
101
103
103
103
103
138
101
103
0.0
2.0
0.0
0.0
0.0
34.0
0.0
2.0
Other loans
0
0
0
0
0
0
0
0
...
...
...
...
...
...
...
...
Canada short-term paper
107,050
107,203
109,997
114,699
118,941
116,629
107,050
118,941
1.8
0.1
2.6
4.3
3.7
-1.9
7.3
11.1
Canada bonds
327,714
327,916
323,357
319,402
311,367
314,059
327,714
311,367
-1.1
0.1
-1.4
-1.2
-2.5
0.9
-2.4
-5.0
Canada savings bonds
22,309
22,034
21,644
21,382
20,468
20,790
22,309
20,468
-4.8
-1.2
-1.8
-1.2
-4.3
1.6
-6.3
-8.3
Other bonds
305,405
305,882
301,713
298,020
290,899
293,269
305,405
290,899
-0.8
0.2
-1.4
-1.2
-2.4
0.8
-2.1
-4.7
Other levels of government
365,835
364,142
370,081
373,850
373,043
381,453
365,835
373,043
1.0
-0.5
1.6
1.0
-0.2
2.3
3.6
2.0
Bank loans
4,076
4,099
4,083
4,350
4,341
3,913
4,076
4,341
-11.8
0.6
-0.4
6.5
-0.2
-9.9
5.3
6.5
Other loans
10,935
11,264
11,503
11,698
11,804
11,449
10,935
11,804
1.2
3.0
2.1
1.7
0.9
-3.0
4.3
7.9
Other short-term paper
15,132
15,575
16,201
13,847
14,797
14,161
15,132
14,797
-12.6
2.9
4.0
-14.5
6.9
-4.3
-13.2
-2.2
Mortgages
2,367
2,304
2,304
2,304
2,304
2,297
2,367
2,304
-0.0
-2.7
0.0
0.0
0.0
-0.3
-0.3
-2.7
Provincial bonds
295,154
293,446
299,189
304,466
302,938
312,688
295,154
302,938
2.0
-0.6
2.0
1.8
-0.5
3.2
4.9
2.6
Municipal bonds
36,353
35,631
34,972
35,350
35,018
35,104
36,353
35,018
1.3
-2.0
-1.8
1.1
-0.9
0.2
1.4
-3.7
Other bonds
1,818
1,823
1,829
1,835
1,841
1,841
1,818
1,841
0.3
0.3
0.3
0.3
0.3
0.0
1.0
1.3
Total funds raised by domestic non-financial sectors
2,233,785
2,229,403
2,236,074
2,251,235
2,259,321
2,272,664
2,233,785
2,259,321
0.4
-0.2
0.3
0.7
0.4
0.6
2.8
1.1
Consumer credit
204,274
205,645
211,584
217,529
222,092
222,876
204,274
222,092
2.2
0.7
2.9
2.8
2.1
0.4
8.5
8.7
Bank loans
147,371
148,315
147,891
147,988
147,163
134,639
147,371
147,163
0.1
0.6
-0.3
0.1
-0.6
-8.5
0.5
-0.1
Other loans
164,936
165,006
164,052
163,420
163,710
162,712
164,936
163,710
0.9
0.0
-0.6
-0.4
0.2
-0.6
1.5
-0.7
Canada short-term paper
107,050
107,203
109,997
114,699
118,941
116,629
107,050
118,941
1.8
0.1
2.6
4.3
3.7
-1.9
7.3
11.1
Other short-term paper
72,185
70,886
64,850
62,352
57,967
60,098
72,185
57,967
-9.7
-1.8
-8.5
-3.9
-7.0
3.7
-7.8
-19.7
Mortgages
590,720
596,195
607,419
617,229
624,059
630,192
590,720
624,059
0.7
0.9
1.9
1.6
1.1
1.0
5.0
5.6
Bonds
947,249
936,153
930,281
928,018
925,389
945,518
947,249
925,389
0.5
-1.2
-0.6
-0.2
-0.3
2.2
1.3
-2.3
Non-residents
60,081
57,835
56,493
56,176
55,470
56,640
60,081
55,470
7.5
-3.7
-2.3
-0.6
-1.3
2.1
1.1
-7.7
Bank loans
19,551
19,915
20,918
20,612
21,269
22,667
19,551
21,269
18.5
1.9
5.0
-1.5
3.2
6.6
-4.3
8.8
Other loans
40,530
37,920
35,575
35,564
34,201
33,973
40,530
34,201
2.9
-6.4
-6.2
-0.0
-3.8
-0.7
4.0
-15.6
Mortgages
0
...
...
...
...
...
0
...
...
...
...
...
...
...
...
...
Total borrowing excluding domestic financial institutions
2,293,866
2,287,238
2,292,567
2,307,411
2,314,791
2,329,304
2,293,866
2,314,791
0.6
-0.3
0.2
0.6
0.3
0.6
2.8
0.9
Domestic financial institutions
382,721
380,527
382,135
382,326
388,566
392,686
382,721
388,566
2.8
-0.6
0.4
0.0
1.6
1.1
11.0
1.5
Bank loans
10,198
12,175
12,271
11,287
7,458
11,657
10,198
7,458
-9.4
19.4
0.8
-8.0
-33.9
56.3
6.3
-26.9
Other loans
28,170
26,140
27,144
24,664
28,712
24,011
28,170
28,712
11.9
-7.2
3.8
-9.1
16.4
-16.4
-3.1
1.9
Other short-term paper
111,323
108,083
111,779
108,809
108,982
104,189
111,323
108,982
4.8
-2.9
3.4
-2.7
0.2
-4.4
6.8
-2.1
Mortgages
3,754
4,194
4,020
4,391
5,156
5,100
3,754
5,156
-54.7
11.7
-4.1
9.2
17.4
-1.1
-49.2
37.3
Bonds
229,276
229,935
226,921
233,175
238,258
247,729
229,276
238,258
3.6
0.3
-1.3
2.8
2.2
4.0
17.8
3.9
Total funds raised = total funds supplied
2,676,587
2,667,765
2,674,702
2,689,737
2,703,357
2,721,990
2,676,587
2,703,357
0.9
-0.3
0.3
0.6
0.5
0.7
3.9
1.0
Assets of:
Persons and unicorporated business
133,136
137,955
136,692
131,987
135,556
140,350
133,136
135,556
-1.1
3.6
-0.9
-3.4
2.7
3.5
19.7
1.8
Non-financial corporations
75,260
73,260
73,769
71,453
71,425
75,578
75,260
71,425
-0.5
-2.7
0.7
-3.1
-0.0
5.8
0.1
-5.1
Governments
178,007
180,181
183,497
190,512
186,654
188,379
178,007
186,654
-1.1
1.2
1.8
3.8
-2.0
0.9
4.5
4.9
Non-residents
508,128
489,547
470,271
457,848
455,428
458,242
508,128
455,428
1.5
-3.7
-3.9
-2.6
-0.5
0.6
4.1
-10.4
Domestic financial institutions
1,808,896
1,813,392
1,836,441
1,863,385
1,879,532
1,884,631
1,808,896
1,879,532
1.1
0.2
1.3
1.5
0.9
0.3
2.7
3.9