Canada: Statistical Data At-A-Glance
Total population35.8 million2015WDI
Urban population (% of total)81.65% of total2014WDI
GDP, current prices (U.S. dollars)1,572,781 USD (millions)2015WEO
GDP based on PPP per capita GDP (Current international dollar)45,488.9 USD 2015WEO
Inflation, end of period consumer prices (Percent change)1.13%2015WEO
Average bank deposit rate.08%2015IFS
Lending rate2.78%2015IFS
Owner-occupied unitsNot available2015
Total amount of home mortgage loans outstanding at the end of year in millions of USD:1,319,623 USD (millions)2015Statistics Canada
Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)83.9%2015Statistics Canada, WEO
Typical LTV at origination802015Mortgage Professionals Canada
Retail funding (deposits/other)primary2015Research
Funding through mortgage bonds tertiary2015Research
Funding through securitization of mortgagessecondary2015Research
Typical number of days needed for the transfer of titleNot available2015

About the Editor

Michael Borish and Company, Inc. (MB&C)

Since 1996, Michael Borish and Company, Inc. has carried out extensive work in housing finance, risk management policy, and banking supervision regulations focused on credit risk. Michael Borish has an MBA from the University of Chicago (1985), and is currently working on his PhD at Carleton University in Canada. He served as Director of International Housing Finance at the Canada Mortgage and Housing Corporation (2007-2012) and was a Financial Analyst at the World Bank (1993-1996).