Canada: business credit disbursed by supplier 2022

Between 2018 and 2022, the highest amount of business loans in Canada was disbursed by domestic banks. In the second half of 2022, a total of 185 billion Canadian dollars was disbursed by finance businesses, of which 112 billion Canadian dollars came from domestic banks. Other banks financed the second largest amount of business loans that period, at around 37 billion Canadian dollars.

Value of business credit disbursed in Canada from first half 2018 to second half 2022, by type of supplier (in billion Canadian dollars)

Characteristic	Domestic banks	Other banks	Credit unions and caisses populaires	Finance companies	Insurance companies and portfolio managers
H1 2018	72.2	25.4	12.1	15.2	6.2
H2 2018	76.2	27.9	12	16.1	6.4
H1 2019	79.2	29.2	11.5	15.2	6.1
H2 2019	81.2	30.9	11.7	14.8	6.1
H1 2020	83.9	32.6	11.6	16.9	4.8
H2 2021	100.6	33.7	14.8	15.6	5.8
H1 2022	105.6	34.7	15	16.6	4.4
H2 2022	112	37	15.6	16.1	4.3

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Release date

June 2023

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Region

Canada

Survey time period

H1 2018 to H2 2022

Special properties

Figures may not add up to totals because of rounding.

Supplementary notes

Adapted from Statistics Canada, Biannual Survey of Suppliers of Business Financing — Data analysis, Second Half 2022, Table 1, H1 2018 to H2 2022 . This does not constitute an endorsement by Statistics Canada of this product.

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