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Non-Performing Loans (Local Currency) in Canada

Source: OECD, National Central Bank, Office of the Superintendent of Financial Institutions, IMF
Last Updated: July 24, 2023

Non-performing loans reached CAD 22.1 bil in fourth quarter of 2020 in Canada, according to the National Central Bank. This is 9.82% less than in the previous quarter.

Historically, non-performing loans in Canada reached an all time high of CAD 24.5 bil in 3Q2020 and an all time low of CAD 5.17 bil in 3Q2006.

Canada has been ranked 43rd within the group of 71 countries we follow in terms of non-performing loans.

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