Trends in Canadian business debt financing: Before and during COVID-19

Articles and reports: 13-605-X202100100003


COVID-19's impact on the economy was far reaching. Canadian businesses borrowed money form multiple sources to help guide them through the pandemic. Using data derived from the National Economic Accounts Division, Bank of Canada, and International Accounts and Trade Division this paper examines trends observed in the business debt financing market leading up to and during the COVID-19 pandemic.

Issue Number: 2021001
Author(s): Hoffarth, Matthew; Krochmalnek, Dave; Xie, Min; Zhang, Yiling
FormatRelease dateMore information
PDFAugust 18, 2021
HTMLJuly 26, 2021