Daily Macro

Macro Notes - The CAD Mortgage Market...in Context

September 09, 2025
Bipan Rai headshot

Bipan Rai

Managing Director, Head of ETF & Alternatives Strategy

If we asked you to guess the percentage of Canadian households with a mortgage, what would your answer be? 

As it turns out, the answer is closer to 35.5% (see chart below).

Chart – Percentage of CAD Households That Rent, Have a Mortgage or are Mortgage-Free

*As of end-2023

Source: FCAC