# Household interest-only debt service ratio in Canada

Household interest-only debt service ratio in Canada was 8.51% in Q2 2026. Source: Statistics Canada.

- Indicator id: `household_interest_only_debt_service_ratio`
- Place id: `ca`
- Unit: %
- Definition: Statistics Canada's ratio of interest expense on new and outstanding Household sector debt to household disposable income before interest payments. It includes interest only, with no principal repayment in the numerator. The series is seasonally adjusted at annual rates and expressed as a percentage.
- Note: Statistics Canada's Household sector includes unincorporated enterprises operated by households and excludes NPISH. This aggregate ratio covers interest on debt generally, not only mortgage interest. Both interest-payment and income flows are annualized, so their ratio is served as published, without multiplying by four. It is not an average payment per household.
- Source: Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Debt service ratio, interest only (https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696816&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12)
- Publisher page: https://invokely.ai/en/publishers/statistics-canada
- Retrieved: 2026-10-12
- License: Statistics Canada Open Licence: redistribution and sale permitted with the prescribed attribution and no implied endorsement
- Citation: Source: Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Debt service ratio, interest only, reference period 2026-Q2. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. Adapted from Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Debt service ratio, interest only, reference period 2026-Q2. This does not constitute an endorsement by Statistics Canada of this product. https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696816&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/household-interest-only-debt-service-ratio/canada
- API: https://invokely.ai/api/v1/series?indicator=household_interest_only_debt_service_ratio&place=ca

| Period | % |
|---|---:|
| 2026-Q2 | 8.51 |
| 2026-Q1 | 8.56 |
| 2025-Q4 | 8.58 |
| 2025-Q3 | 8.64 |
| 2025-Q2 | 8.77 |
| 2025-Q1 | 8.74 |
| 2024-Q4 | 8.8 |
| 2024-Q3 | 9.05 |
| 2024-Q2 | 9.4 |
| 2024-Q1 | 9.35 |
| 2023-Q4 | 9.16 |
| 2023-Q3 | 9.06 |
| 2023-Q2 | 8.95 |
| 2023-Q1 | 8.81 |
| 2022-Q4 | 7.88 |
| 2022-Q3 | 7.17 |
| 2022-Q2 | 6.37 |
| 2022-Q1 | 5.92 |
| 2021-Q4 | 5.99 |
| 2021-Q3 | 5.93 |
| 2021-Q2 | 6.11 |
| 2021-Q1 | 6.04 |
| 2020-Q4 | 6.3 |
| 2020-Q3 | 6.35 |
| 2020-Q2 | 6.28 |
| 2020-Q1 | 7.22 |
| 2019-Q4 | 7.36 |
| 2019-Q3 | 7.47 |
| 2019-Q2 | 7.4 |
| 2019-Q1 | 7.47 |
| 2018-Q4 | 7.28 |
| 2018-Q3 | 7.17 |
| 2018-Q2 | 6.99 |
| 2018-Q1 | 6.79 |
| 2017-Q4 | 6.57 |
| 2017-Q3 | 6.43 |
| 2017-Q2 | 6.44 |
| 2017-Q1 | 6.46 |
| 2016-Q4 | 6.41 |
| 2016-Q3 | 6.42 |
| 2016-Q2 | 6.54 |
| 2016-Q1 | 6.52 |
| 2015-Q4 | 6.34 |
| 2015-Q3 | 6.37 |
| 2015-Q2 | 6.38 |
| 2015-Q1 | 6.54 |
| 2014-Q4 | 6.67 |
| 2014-Q3 | 6.63 |
| 2014-Q2 | 6.69 |
| 2014-Q1 | 6.73 |
| 2013-Q4 | 6.78 |
| 2013-Q3 | 6.85 |
| 2013-Q2 | 6.81 |
| 2013-Q1 | 6.82 |
| 2012-Q4 | 6.88 |
| 2012-Q3 | 7 |
| 2012-Q2 | 7.07 |
| 2012-Q1 | 7.03 |
| 2011-Q4 | 7.12 |
| 2011-Q3 | 7.24 |
| 2011-Q2 | 7.27 |
| 2011-Q1 | 7.43 |
| 2010-Q4 | 7.3 |
| 2010-Q3 | 7.32 |
| 2010-Q2 | 7.45 |
| 2010-Q1 | 7.24 |
| 2009-Q4 | 7.34 |
| 2009-Q3 | 7.47 |
| 2009-Q2 | 7.63 |
| 2009-Q1 | 7.97 |
| 2008-Q4 | 8.3 |
| 2008-Q3 | 8.64 |
| 2008-Q2 | 8.8 |
| 2008-Q1 | 8.97 |
| 2007-Q4 | 9.07 |
| 2007-Q3 | 8.92 |
| 2007-Q2 | 8.73 |
| 2007-Q1 | 8.41 |
| 2006-Q4 | 8.37 |
| 2006-Q3 | 8.27 |
| 2006-Q2 | 8.12 |
| 2006-Q1 | 7.74 |
| 2005-Q4 | 7.41 |
| 2005-Q3 | 7.54 |
| 2005-Q2 | 7.46 |
| 2005-Q1 | 7.47 |
| 2004-Q4 | 7.16 |
| 2004-Q3 | 7.14 |
| 2004-Q2 | 7.22 |
| 2004-Q1 | 7.42 |
| 2003-Q4 | 7.37 |
| 2003-Q3 | 7.5 |
| 2003-Q2 | 7.32 |
| 2003-Q1 | 7.16 |
| 2002-Q4 | 7.35 |
| 2002-Q3 | 7.18 |
| 2002-Q2 | 7.13 |
| 2002-Q1 | 7.16 |
| 2001-Q4 | 7.51 |
| 2001-Q3 | 7.83 |
| 2001-Q2 | 8.24 |
| 2001-Q1 | 8.26 |
| 2000-Q4 | 8.43 |
| 2000-Q3 | 8.34 |
| 2000-Q2 | 8.37 |
| 2000-Q1 | 8.09 |
| 1999-Q4 | 7.72 |
| 1999-Q3 | 7.75 |
| 1999-Q2 | 7.88 |
| 1999-Q1 | 8.1 |
| 1998-Q4 | 8.27 |
| 1998-Q3 | 8.26 |
| 1998-Q2 | 8.26 |
| 1998-Q1 | 8.23 |
| 1997-Q4 | 8.07 |
| 1997-Q3 | 8.05 |
| 1997-Q2 | 8.27 |
| 1997-Q1 | 8.36 |
| 1996-Q4 | 8.71 |
| 1996-Q3 | 8.96 |
| 1996-Q2 | 9.13 |
| 1996-Q1 | 9.21 |
| 1995-Q4 | 9.32 |
| 1995-Q3 | 9.4 |
| 1995-Q2 | 9.45 |
| 1995-Q1 | 9.27 |
| 1994-Q4 | 8.92 |
| 1994-Q3 | 8.83 |
| 1994-Q2 | 8.59 |
| 1994-Q1 | 8.67 |
| 1993-Q4 | 8.82 |
| 1993-Q3 | 8.81 |
| 1993-Q2 | 8.74 |
| 1993-Q1 | 9.18 |
| 1992-Q4 | 9.75 |
| 1992-Q3 | 9.56 |
| 1992-Q2 | 9.96 |
| 1992-Q1 | 10.25 |
| 1991-Q4 | 10.4 |
| 1991-Q3 | 10.64 |
| 1991-Q2 | 10.94 |
| 1991-Q1 | 10.98 |
| 1990-Q4 | 11.04 |
| 1990-Q3 | 11.08 |
| 1990-Q2 | 11.16 |
| 1990-Q1 | 10.62 |