Canadian household net worth rises 2.9% to $19.1 trillion

Canadian household net worth rose 2.9% in the second quarter of 2026 to $19.1 trillion, Statistics Canada reported Friday, with rising financial markets accounting for much of the increase.

The agency’s national balance-sheet release puts Canada’s total national net worth at $20.3 trillion, up 5.8% from the previous quarter. National wealth — the value of non-financial assets — increased by $501.8 billion, its largest quarterly gain since early 2022.

Borrowing and debt costs

Seasonally adjusted household credit-market borrowing slowed by $5 billion to $29.4 billion. Mortgage borrowing fell for a second consecutive quarter to $19.4 billion, the lowest pace since the first quarter of 2024.

The household debt-service ratio declined by 0.16 percentage points to 14.52%. That ratio measures required principal and interest payments as a share of disposable income.

These are economy-wide totals and averages; they do not show how wealth or debt is distributed among individual households. Statistics Canada’s next quarterly balance-sheet release is scheduled for December 11.

Sources: Statistics Canada, “National balance sheet and financial flow accounts, second quarter 2026” and its September 7–11 Weekly Review (both published September 11, 2026).