In its latest Senior Loan Officer Survey, the Bank of Canada reported that the lending climate within the country remained unchanged in the third quarter of 2025. The key indicator, which measures changes in the credit conditions faced by businesses seeking loans, held steady at 0.7. This stability comes in the wake of an identical result in the preceding quarter, where the indicator also clocked in at 0.7.
Released on November 21, 2025, the survey results suggest that despite prevailing economic uncertainties, the Canadian credit market has experienced no significant shifts. This might be a sign of consistency and resilience among financial institutions and borrowers alike during this period. Stakeholders, particularly those in the business sector, will be closely monitoring upcoming surveys for any potential signs of tightening or easing in credit conditions that could impact future lending and borrowing activities.
With this continuity observed in two consecutive quarters, financial analysts will be keen to see how upcoming economic policies or external factors might influence Canada's lending landscape in the near future.
