Proportion of Consumers Holding a Credit Product, Canada

Excel - Report

This housing data provides you with a table that shows you the proportion of Canadian consumers holding a credit product. The adapted Equifax data has been calculated for consumer credit products such as:

mortgages
credit cards
auto loans
HELOCs
installment Loans
lines of credit
revolving loans
all other credit

Note: Quarterly data range from 2012 Q3 to 2024.

Author:: CMHC
Document Type:: Excel
Date Published:: March 26, 2025

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Note: In January 2023, we saw an unusual increase in the total outstanding mortgage balances for the third quarter of 2022 compared to previous quarters. We removed the Mortgage and Debt Data tables in question from our website in the same month to investigate.

We discovered differences in the way financial institutions are reporting their mortgage data to Equifax. This impacts the figures related to outstanding mortgages like the number of trades, number of consumers, HELOCs and installment loans.

Data tables from 2019 to 2022 have been revised. Data prior to Q1 2019 have not been revised.