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Bank Loans (Local Currency) in Canada

Source: IMF
Last Updated: July 26, 2023

Bank loans reached CAD 4,223 bil in 2021 in Canada, according to the National Central Bank. This is 3.90% more than in the previous year.

Historically, bank loans in Canada reached an all time high of CAD 4,223 bil in 2021 and an all time low of CAD 487 bil in 1988.

Canada has been ranked 22nd within the group of 72 countries we follow in terms of bank loans.

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