Retail loans reached 2,156 CAD bil in 2017 in Canada, according to the National Central Bank. This is 4.83 % more than in the previous year.
Historically, retail loans in Canada reached an all time high of 2,156 CAD bil in 2017 and an all time low of 531 CAD bil in 1995.
Canada has been ranked 10th within the group of 40 countries we follow in terms of retail loans, 9 places above the position seen 10 years ago.
A retail loan is a loan provided by a bank to a physical person.