The value of outstanding loans to businesses in Canada mostly increased from the first half of 2018 to the second half of 2022. The main exception to that occurred in the second half of 2020, when the value of loans to large businesses (those with loan authorization levels of five billion Canadian dollars or more) decreased. Large businesses accounted for most of the business loans in Canada, amounting to around 839 billion Canadian dollars in the second half of that year.
Value of outstanding of loans to businesses in Canada from first half 2018 to second half 2022, by business size
(in billion Canadian dollars)
Small businesses refers to those with loan authorization levels of less than one million Canadian dollars. Medium-sized businesses refers to those with loan authorization levels of one million to five million Canadian dollars. Large businesses refers to those with loan authorization levels of five billion Canadian dollars or more.
Adapted from Statistics Canada, Biannual Survey of Suppliers of Business Financing — Data analysis, page 7-8, H1 2018 to H2 2022 . This does not constitute an endorsement by Statistics Canada of this product.
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Government of Canada. (June 28, 2023). Value of outstanding of loans to businesses in Canada from first half 2018 to second half 2022, by business size (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 08, 2024, from https://www.statista.com/statistics/1273746/value-outstanding-businesses-loans-size-canada/
Government of Canada. "Value of outstanding of loans to businesses in Canada from first half 2018 to second half 2022, by business size (in billion Canadian dollars) ." Chart. June 28, 2023. Statista. Accessed December 08, 2024. https://www.statista.com/statistics/1273746/value-outstanding-businesses-loans-size-canada/
Government of Canada. (2023). Value of outstanding of loans to businesses in Canada from first half 2018 to second half 2022, by business size (in billion Canadian dollars) . Statista. Statista Inc.. Accessed: December 08, 2024. https://www.statista.com/statistics/1273746/value-outstanding-businesses-loans-size-canada/
Government of Canada. "Value of Outstanding of Loans to Businesses in Canada from First Half 2018 to Second Half 2022, by Business Size (in Billion Canadian Dollars) ." Statista, Statista Inc., 28 Jun 2023, https://www.statista.com/statistics/1273746/value-outstanding-businesses-loans-size-canada/
Government of Canada, Value of outstanding of loans to businesses in Canada from first half 2018 to second half 2022, by business size (in billion Canadian dollars) Statista, https://www.statista.com/statistics/1273746/value-outstanding-businesses-loans-size-canada/ (last visited December 08, 2024)
Value of outstanding of loans to businesses in Canada from first half 2018 to second half 2022, by business size (in billion Canadian dollars) [Graph], Government of Canada, June 28, 2023. [Online]. Available: https://www.statista.com/statistics/1273746/value-outstanding-businesses-loans-size-canada/