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Mortgage Loans (As % of GDP) in Canada

Source: OECD, National Central Bank, CMHC (Loans provided by banks, life insurance companies, pension funds and other financial institutions)
Last Updated: Jun 1, 2021

Mortgage loans as a share of GDP reached 68.8 % in 2018 in Canada, according to the National Central Bank. This is 2.76 % less than in the previous year.

Historically, mortgage loans as a share of GDP in Canada reached an all time high of 70.8 % in 2017 and an all time low of 25.7 % in 1986.

Canada has been ranked 2nd within the group of 20 countries we follow in terms of mortgage loans as a share of GDP, 10 places above the position seen 10 years ago.

A mortgage loan is a loan secured by real property through the use of a mortgage note.


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