Corporate loans reached 250 USD bil in 2017 in Canada, according to the National Central Bank. This is 17.8 % more than in the previous year.
Historically, corporate loans in Canada reached an all time high of 250 USD bil in 2017 and an all time low of 127 USD bil in 2005.
Canada has been ranked 10th within the group of 75 countries we follow in terms of corporate loans, 2 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.