Corporate loans reached 314 CAD bil in 2017 in Canada, according to the National Central Bank. This is 10.1 % more than in the previous year.
Historically, corporate loans in Canada reached an all time high of 314 CAD bil in 2017 and an all time low of 148 CAD bil in 2005. When compared to Canada's main peers, corporate loans in United Kingdom amounted to 365 GBP bil and 3,659 USD bil in USA in 2017.
Canada has been ranked 50th within the group of 91 countries we follow in terms of corporate loans, 17 places behind the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.