Data / Household mortgage debt service ratio / Canada

Household mortgage debt service ratio in Canada

Household mortgage debt service ratio in Canada was 7.72% in Q2 2026, according to Statistics Canada. That is down 0.21 pts from Q2 2025.

Q2 20267.72%
Change on Q2 2025-0.21 pts
Series high8.23Q1 2023
Series low5.22Q3 2002
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Household mortgage debt service ratio in Canada, Q1 1990 to Q2 2026

567891990-Q11995-Q22000-Q32005-Q42011-Q12016-Q22021-Q32026-Q21990-Q1: 6.46 %1990-Q2: 6.69 %1990-Q3: 6.62 %1990-Q4: 6.64 %1991-Q1: 6.8 %1991-Q2: 6.95 %1991-Q3: 6.88 %1991-Q4: 6.9 %1992-Q1: 6.91 %1992-Q2: 6.84 %1992-Q3: 6.7 %1992-Q4: 6.79 %1993-Q1: 6.62 %1993-Q2: 6.35 %1993-Q3: 6.45 %1993-Q4: 6.46 %1994-Q1: 6.47 %1994-Q2: 6.31 %1994-Q3: 6.4 %1994-Q4: 6.42 %1995-Q1: 6.59 %1995-Q2: 6.51 %1995-Q3: 6.54 %1995-Q4: 6.49 %1996-Q1: 6.45 %1996-Q2: 6.43 %1996-Q3: 6.39 %1996-Q4: 6.28 %1997-Q1: 6.19 %1997-Q2: 6.12 %1997-Q3: 5.95 %1997-Q4: 5.89 %1998-Q1: 5.94 %1998-Q2: 5.85 %1998-Q3: 5.85 %1998-Q4: 5.78 %1999-Q1: 5.59 %1999-Q2: 5.45 %1999-Q3: 5.43 %1999-Q4: 5.47 %2000-Q1: 5.5 %2000-Q2: 5.55 %2000-Q3: 5.48 %2000-Q4: 5.45 %2001-Q1: 5.28 %2001-Q2: 5.39 %2001-Q3: 5.27 %2001-Q4: 5.23 %2002-Q1: 5.24 %2002-Q2: 5.24 %2002-Q3: 5.22 %2002-Q4: 5.22 %2003-Q1: 5.23 %2003-Q2: 5.32 %2003-Q3: 5.35 %2003-Q4: 5.36 %2004-Q1: 5.33 %2004-Q2: 5.29 %2004-Q3: 5.31 %2004-Q4: 5.37 %2005-Q1: 5.5 %2005-Q2: 5.5 %2005-Q3: 5.56 %2005-Q4: 5.62 %2006-Q1: 5.56 %2006-Q2: 5.71 %2006-Q3: 5.72 %2006-Q4: 5.74 %2007-Q1: 5.82 %2007-Q2: 5.98 %2007-Q3: 6.13 %2007-Q4: 6.26 %2008-Q1: 6.21 %2008-Q2: 6.22 %2008-Q3: 6.2 %2008-Q4: 6.11 %2009-Q1: 6.2 %2009-Q2: 6.23 %2009-Q3: 6.18 %2009-Q4: 6.16 %2010-Q1: 6.09 %2010-Q2: 6.24 %2010-Q3: 6.23 %2010-Q4: 6.21 %2011-Q1: 6.25 %2011-Q2: 6.28 %2011-Q3: 6.27 %2011-Q4: 6.24 %2012-Q1: 6.22 %2012-Q2: 6.29 %2012-Q3: 6.28 %2012-Q4: 6.31 %2013-Q1: 6.25 %2013-Q2: 6.28 %2013-Q3: 6.34 %2013-Q4: 6.34 %2014-Q1: 6.4 %2014-Q2: 6.4 %2014-Q3: 6.39 %2014-Q4: 6.44 %2015-Q1: 6.37 %2015-Q2: 6.35 %2015-Q3: 6.38 %2015-Q4: 6.45 %2016-Q1: 6.63 %2016-Q2: 6.7 %2016-Q3: 6.71 %2016-Q4: 6.7 %2017-Q1: 6.77 %2017-Q2: 6.74 %2017-Q3: 6.7 %2017-Q4: 6.78 %2018-Q1: 6.93 %2018-Q2: 7.04 %2018-Q3: 7.1 %2018-Q4: 7.1 %2019-Q1: 7.23 %2019-Q2: 7.2 %2019-Q3: 7.25 %2019-Q4: 7.19 %2020-Q1: 7.1 %2020-Q2: 6.17 %2020-Q3: 6.75 %2020-Q4: 7.03 %2021-Q1: 6.92 %2021-Q2: 7.06 %2021-Q3: 7.06 %2021-Q4: 7.2 %2022-Q1: 7.18 %2022-Q2: 7.33 %2022-Q3: 7.64 %2022-Q4: 7.84 %2023-Q1: 8.23 %2023-Q2: 8.22 %2023-Q3: 8.19 %2023-Q4: 8.2 %2024-Q1: 8.17 %2024-Q2: 8.21 %2024-Q3: 7.99 %2024-Q4: 7.89 %2025-Q1: 7.88 %2025-Q2: 7.93 %2025-Q3: 7.87 %2025-Q4: 7.83 %2026-Q1: 7.81 %2026-Q2: 7.72 %567891990-Q12002-Q22014-Q32026-Q22026-Q2: 7.72 %
%. Source: Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio. Retrieved 2026-10-12.
All 146 values
Period%
2026-Q27.72
2026-Q17.81
2025-Q47.83
2025-Q37.87
2025-Q27.93
2025-Q17.88
2024-Q47.89
2024-Q37.99
2024-Q28.21
2024-Q18.17
2023-Q48.2
2023-Q38.19
2023-Q28.22
2023-Q18.23
2022-Q47.84
2022-Q37.64
2022-Q27.33
2022-Q17.18
2021-Q47.2
2021-Q37.06
2021-Q27.06
2021-Q16.92
2020-Q47.03
2020-Q36.75
2020-Q26.17
2020-Q17.1
2019-Q47.19
2019-Q37.25
2019-Q27.2
2019-Q17.23
2018-Q47.1
2018-Q37.1
2018-Q27.04
2018-Q16.93
2017-Q46.78
2017-Q36.7
2017-Q26.74
2017-Q16.77
2016-Q46.7
2016-Q36.71
2016-Q26.7
2016-Q16.63
2015-Q46.45
2015-Q36.38
2015-Q26.35
2015-Q16.37
2014-Q46.44
2014-Q36.39
2014-Q26.4
2014-Q16.4
2013-Q46.34
2013-Q36.34
2013-Q26.28
2013-Q16.25
2012-Q46.31
2012-Q36.28
2012-Q26.29
2012-Q16.22
2011-Q46.24
2011-Q36.27
2011-Q26.28
2011-Q16.25
2010-Q46.21
2010-Q36.23
2010-Q26.24
2010-Q16.09
2009-Q46.16
2009-Q36.18
2009-Q26.23
2009-Q16.2
2008-Q46.11
2008-Q36.2
2008-Q26.22
2008-Q16.21
2007-Q46.26
2007-Q36.13
2007-Q25.98
2007-Q15.82
2006-Q45.74
2006-Q35.72
2006-Q25.71
2006-Q15.56
2005-Q45.62
2005-Q35.56
2005-Q25.5
2005-Q15.5
2004-Q45.37
2004-Q35.31
2004-Q25.29
2004-Q15.33
2003-Q45.36
2003-Q35.35
2003-Q25.32
2003-Q15.23
2002-Q45.22
2002-Q35.22
2002-Q25.24
2002-Q15.24
2001-Q45.23
2001-Q35.27
2001-Q25.39
2001-Q15.28
2000-Q45.45
2000-Q35.48
2000-Q25.55
2000-Q15.5
1999-Q45.47
1999-Q35.43
1999-Q25.45
1999-Q15.59
1998-Q45.78
1998-Q35.85
1998-Q25.85
1998-Q15.94
1997-Q45.89
1997-Q35.95
1997-Q26.12
1997-Q16.19
1996-Q46.28
1996-Q36.39
1996-Q26.43
1996-Q16.45
1995-Q46.49
1995-Q36.54
1995-Q26.51
1995-Q16.59
1994-Q46.42
1994-Q36.4
1994-Q26.31
1994-Q16.47
1993-Q46.46
1993-Q36.45
1993-Q26.35
1993-Q16.62
1992-Q46.79
1992-Q36.7
1992-Q26.84
1992-Q16.91
1991-Q46.9
1991-Q36.88
1991-Q26.95
1991-Q16.8
1990-Q46.64
1990-Q36.62
1990-Q26.69
1990-Q16.46

Definition

Statistics Canada's ratio of obligated principal and interest payments on Household sector mortgage debt to household disposable income before interest payments. The series is seasonally adjusted at annual rates and expressed as a percentage.

Statistics Canada's Household sector includes unincorporated enterprises operated by households and excludes NPISH. Obligated principal is estimated as the minimum required payment under repayment-schedule assumptions. Both payment and income flows are annualized, so their ratio is served as published, without multiplying by four. This is an aggregate sector ratio, not an average payment per household.

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How to cite

Source: Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio, 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, Mortgage debt service ratio, 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=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Statistics Canada. (n.d.). Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio (Household mortgage debt service ratio, Canada, 1990-Q1 to 2026-Q2) [Data set]. Retrieved October 12, 2026, from https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12

MLA 9

Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio, Household mortgage debt service ratio, Canada, 1990-Q1 to 2026-Q2. Statistics Canada, https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12. Invokely, https://invokely.ai/en/household-mortgage-debt-service-ratio/canada. Accessed 12 Oct. 2026.

Chicago (author-date)

Statistics Canada. n.d. Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio. Household mortgage debt service ratio, Canada, 1990-Q1 to 2026-Q2. Dataset. Accessed October 12, 2026. https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12. Also distributed by Invokely, https://invokely.ai/en/household-mortgage-debt-service-ratio/canada.

Harvard

Statistics Canada (no date) Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio, Household mortgage debt service ratio, Canada, 1990-Q1 to 2026-Q2 [Dataset]. Available at: https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12, via Invokely: https://invokely.ai/en/household-mortgage-debt-service-ratio/canada (Accessed: 12 October 2026).

BibTeX
@misc{statistics_household_mortgage_debt_service_2026,
  author = {{Statistics Canada}},
  title = {{Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio: Household mortgage debt service ratio, Canada, 1990-Q1 to 2026-Q2}},
  howpublished = {Data set},
  url = {https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/household-mortgage-debt-service-ratio/canada. Publisher attribution: Source: Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio, 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, Mortgage debt service ratio, 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=1001696814\&startRefPeriod=1990-01-01\&endReferencePeriod=2026-10-12. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - Statistics Canada
TI  - Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio: Household mortgage debt service ratio, Canada, 1990-Q1 to 2026-Q2
PB  - Statistics Canada
DB  - Invokely
UR  - https://www150.statcan.gc.ca/t1/wds/rest/getDataFromVectorByReferencePeriodRange?vectorIds=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12
L2  - https://invokely.ai/en/household-mortgage-debt-service-ratio/canada
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/household-mortgage-debt-service-ratio/canada.
N1  - Publisher attribution: Source: Statistics Canada, Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio, 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, Mortgage debt service ratio, 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=1001696814&startRefPeriod=1990-01-01&endReferencePeriod=2026-10-12. Retrieved 2026-10-12.
ER  -
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Questions

What is the household mortgage debt service ratio in Canada?

Household mortgage debt service ratio in Canada was 7.72% in Q2 2026, according to Statistics Canada. That is down 0.21 pts from Q2 2025.

Where does this figure come from?

Statistics Canada. Table 11-10-0065-01, Debt service indicators of households, national balance sheet accounts: Canada, Seasonally adjusted at annual rates, Mortgage debt service ratio. Retrieved by Invokely on 2026-10-12.

What was the highest household mortgage debt service ratio in Canada?

8.23% in Q1 2023, the highest value since Q1 1990 in this series.

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