Consumer Credit in Canada
In 2023 the Bank of Canada has tweaked its prime interest rate several times. The impact on the housing market has been a rise in household mortgage debt. Consumers with variable rate mortgages or on the cusp of renewals have been struck especially hard.
Euromonitor International's Consumer Credit in Canada report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Consumer Credit market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
- Consumer Credit in Canada
- Euromonitor International
- November 2023
- List Of Contents And Tables
- CONSUMER CREDIT IN CANADA
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Mortgage debt on the rise
- Younger consumers support substantial growth in loans
- Accelerated shift to minimum payments
- PROSPECTS AND OPPORTUNITIES
- Mortgage debt to keep on rising amid robust overall growth in gross lending
- Continued consumer shift towards alternative credit solutions, as card lending leads growth
- Visitors to help sustain future growth
- CATEGORY DATA
- Table 1 Consumer Credit: Outstanding Balance by Category: Value 2018-2023
- Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2018-2023
- Table 3 Consumer Credit: Gross Lending by Category: Value 2018-2023
- Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2018-2023
- Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2023-2028
- Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2023-2028
- Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2023-2028
- Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2023-2028
- CONSUMER LENDING IN CANADA
- EXECUTIVE SUMMARY
- Consumer lending in 2023: The big picture
- 2023 key trends
- New regulations favour demand for non-conventional loans
- Banks brace for a rainy day
- Buy Now Pay Later still on the up
- What next for consumer lending?
- MARKET DATA
- Table 9 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
- Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
- Table 11 Consumer Lending: Gross Lending by Category: Value 2018-2023
- Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
- Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
- Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
- Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
- Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
- Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
- Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
- Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
- Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook