Consumer Lending in Canada

Consumer Lending in Canada

Consumer lending in Canada continued to grow in 2024 despite the challenge environment. Thanks to high inflation, interest rates were high level throughout the year, with the hope for rate cuts unrealistic until the later months of 2024 and into 2025. The country is suffering a severe housing shortage, and as such many Canadians have also been faced with challenges associated with finding housing while having to manage the increased interest rates relative to prior years.

Euromonitor International's Consumer Lending 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: Consumer Credit, Mortgages/Housing.

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 Lending 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.