# How did the household mortgage debt service ratio (seasonally adjusted at annual rates) change in Canada?

> Household mortgage debt service ratio (seasonally adjusted at annual rates) increased in Canada.

Household mortgage debt service ratio (seasonally adjusted at annual rates) rose from 6.43 Ratio to 7.84 Ratio between 1996 Q2 and 2026 Q1—an increase of 1.41 Ratio, or 21.9%. It reached an observed high of 8.23 Ratio in 2023 Q1 before ending at 7.84 Ratio in 2026 Q1.

## Answer scope

- Geography: Canada (CA)
- Period: 1996 Q2 to 2026 Q1
- Frequency: Quarterly
- Source updated: 2026-06-12
- Seasonal adjustment: Seasonally adjusted at annual rates
- Estimates: Mortgage debt service ratio
- Payment coverage: Required mortgage principal and interest
- Income denominator: Household disposable income before interest payments
- Geographic coverage: Canada only

## Key figures

- Start · 1996 Q2: 6.43 Ratio
- Latest · 2026 Q1: 7.84 Ratio
- Overall change: +1.41 Ratio (21.9% increase)

## Exact observations

| Period | Series | Source display value | Value as charted | Chart unit |
| --- | --- | ---: | ---: | --- |
| 1996 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.43 Ratio | 6.43 | Ratio |
| 1996 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.39 Ratio | 6.39 | Ratio |
| 1996 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.28 Ratio | 6.28 | Ratio |
| 1997 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.19 Ratio | 6.19 | Ratio |
| 1997 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.12 Ratio | 6.12 | Ratio |
| 1997 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.95 Ratio | 5.95 | Ratio |
| 1997 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.89 Ratio | 5.89 | Ratio |
| 1998 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.94 Ratio | 5.94 | Ratio |
| 1998 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.85 Ratio | 5.85 | Ratio |
| 1998 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.85 Ratio | 5.85 | Ratio |
| 1998 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.78 Ratio | 5.78 | Ratio |
| 1999 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.59 Ratio | 5.59 | Ratio |
| 1999 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.45 Ratio | 5.45 | Ratio |
| 1999 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.43 Ratio | 5.43 | Ratio |
| 1999 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.47 Ratio | 5.47 | Ratio |
| 2000 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.5 Ratio | 5.5 | Ratio |
| 2000 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.55 Ratio | 5.55 | Ratio |
| 2000 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.48 Ratio | 5.48 | Ratio |
| 2000 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.45 Ratio | 5.45 | Ratio |
| 2001 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.28 Ratio | 5.28 | Ratio |
| 2001 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.39 Ratio | 5.39 | Ratio |
| 2001 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.27 Ratio | 5.27 | Ratio |
| 2001 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.23 Ratio | 5.23 | Ratio |
| 2002 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.24 Ratio | 5.24 | Ratio |
| 2002 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.24 Ratio | 5.24 | Ratio |
| 2002 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.22 Ratio | 5.22 | Ratio |
| 2002 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.22 Ratio | 5.22 | Ratio |
| 2003 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.23 Ratio | 5.23 | Ratio |
| 2003 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.32 Ratio | 5.32 | Ratio |
| 2003 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.35 Ratio | 5.35 | Ratio |
| 2003 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.36 Ratio | 5.36 | Ratio |
| 2004 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.33 Ratio | 5.33 | Ratio |
| 2004 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.29 Ratio | 5.29 | Ratio |
| 2004 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.31 Ratio | 5.31 | Ratio |
| 2004 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.37 Ratio | 5.37 | Ratio |
| 2005 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.5 Ratio | 5.5 | Ratio |
| 2005 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.5 Ratio | 5.5 | Ratio |
| 2005 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.56 Ratio | 5.56 | Ratio |
| 2005 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.62 Ratio | 5.62 | Ratio |
| 2006 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.56 Ratio | 5.56 | Ratio |
| 2006 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.71 Ratio | 5.71 | Ratio |
| 2006 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.72 Ratio | 5.72 | Ratio |
| 2006 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.74 Ratio | 5.74 | Ratio |
| 2007 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.82 Ratio | 5.82 | Ratio |
| 2007 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 5.98 Ratio | 5.98 | Ratio |
| 2007 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.13 Ratio | 6.13 | Ratio |
| 2007 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.26 Ratio | 6.26 | Ratio |
| 2008 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.21 Ratio | 6.21 | Ratio |
| 2008 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.22 Ratio | 6.22 | Ratio |
| 2008 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.2 Ratio | 6.2 | Ratio |
| 2008 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.11 Ratio | 6.11 | Ratio |
| 2009 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.2 Ratio | 6.2 | Ratio |
| 2009 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.23 Ratio | 6.23 | Ratio |
| 2009 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.18 Ratio | 6.18 | Ratio |
| 2009 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.16 Ratio | 6.16 | Ratio |
| 2010 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.09 Ratio | 6.09 | Ratio |
| 2010 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.24 Ratio | 6.24 | Ratio |
| 2010 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.23 Ratio | 6.23 | Ratio |
| 2010 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.21 Ratio | 6.21 | Ratio |
| 2011 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.25 Ratio | 6.25 | Ratio |
| 2011 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.28 Ratio | 6.28 | Ratio |
| 2011 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.27 Ratio | 6.27 | Ratio |
| 2011 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.24 Ratio | 6.24 | Ratio |
| 2012 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.22 Ratio | 6.22 | Ratio |
| 2012 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.29 Ratio | 6.29 | Ratio |
| 2012 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.28 Ratio | 6.28 | Ratio |
| 2012 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.31 Ratio | 6.31 | Ratio |
| 2013 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.25 Ratio | 6.25 | Ratio |
| 2013 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.28 Ratio | 6.28 | Ratio |
| 2013 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.34 Ratio | 6.34 | Ratio |
| 2013 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.34 Ratio | 6.34 | Ratio |
| 2014 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.4 Ratio | 6.4 | Ratio |
| 2014 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.4 Ratio | 6.4 | Ratio |
| 2014 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.39 Ratio | 6.39 | Ratio |
| 2014 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.44 Ratio | 6.44 | Ratio |
| 2015 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.37 Ratio | 6.37 | Ratio |
| 2015 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.35 Ratio | 6.35 | Ratio |
| 2015 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.38 Ratio | 6.38 | Ratio |
| 2015 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.45 Ratio | 6.45 | Ratio |
| 2016 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.63 Ratio | 6.63 | Ratio |
| 2016 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.7 Ratio | 6.7 | Ratio |
| 2016 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.71 Ratio | 6.71 | Ratio |
| 2016 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.7 Ratio | 6.7 | Ratio |
| 2017 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.77 Ratio | 6.77 | Ratio |
| 2017 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.74 Ratio | 6.74 | Ratio |
| 2017 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.7 Ratio | 6.7 | Ratio |
| 2017 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.78 Ratio | 6.78 | Ratio |
| 2018 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.93 Ratio | 6.93 | Ratio |
| 2018 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.04 Ratio | 7.04 | Ratio |
| 2018 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.1 Ratio | 7.1 | Ratio |
| 2018 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.1 Ratio | 7.1 | Ratio |
| 2019 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.23 Ratio | 7.23 | Ratio |
| 2019 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.2 Ratio | 7.2 | Ratio |
| 2019 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.25 Ratio | 7.25 | Ratio |
| 2019 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.19 Ratio | 7.19 | Ratio |
| 2020 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.1 Ratio | 7.1 | Ratio |
| 2020 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.17 Ratio | 6.17 | Ratio |
| 2020 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.75 Ratio | 6.75 | Ratio |
| 2020 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.03 Ratio | 7.03 | Ratio |
| 2021 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 6.92 Ratio | 6.92 | Ratio |
| 2021 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.06 Ratio | 7.06 | Ratio |
| 2021 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.06 Ratio | 7.06 | Ratio |
| 2021 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.2 Ratio | 7.2 | Ratio |
| 2022 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.18 Ratio | 7.18 | Ratio |
| 2022 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.33 Ratio | 7.33 | Ratio |
| 2022 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.64 Ratio | 7.64 | Ratio |
| 2022 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.84 Ratio | 7.84 | Ratio |
| 2023 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 8.23 Ratio | 8.23 | Ratio |
| 2023 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 8.22 Ratio | 8.22 | Ratio |
| 2023 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 8.19 Ratio | 8.19 | Ratio |
| 2023 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 8.2 Ratio | 8.2 | Ratio |
| 2024 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 8.17 Ratio | 8.17 | Ratio |
| 2024 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 8.21 Ratio | 8.21 | Ratio |
| 2024 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.99 Ratio | 7.99 | Ratio |
| 2024 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.89 Ratio | 7.89 | Ratio |
| 2025 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.88 Ratio | 7.88 | Ratio |
| 2025 Q2 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.93 Ratio | 7.93 | Ratio |
| 2025 Q3 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.87 Ratio | 7.87 | Ratio |
| 2025 Q4 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.83 Ratio | 7.83 | Ratio |
| 2026 Q1 | Household mortgage debt service ratio (seasonally adjusted at annual rates) | 7.84 Ratio | 7.84 | Ratio |

## How to read this measure

Required mortgage debt payments are divided by household disposable income with interest payments added back. This is an aggregate household-sector ratio, not the average burden among borrowers or the amount of debt outstanding. The source reports a ratio on a percentage scale: 14.75 represents 14.75% of income.

## How this answer was calculated

The headline compares the first and last observations shown. Absolute change is the last source value minus the first; relative change is (last ÷ first − 1) × 100. Intermediate observations remain visible in the chart and exact values. This is descriptive and does not identify causes.

## Source and provenance

- Official source: [Statistics Canada table 11-10-0065-01](<https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110006501>)
- Table title: Debt service indicators of households, national balance sheet accounts
- Dataset identifier: 11100065
- Canonical human-readable answer: <https://www.canadaindata.ca/?place=ca&analysis=statcan-11100065-mortgage-debt-service-ratio-trend&subject=11>
- Interpretation policy: this answer describes the selected observations; it does not infer causation.
- Source acknowledgement: Adapted from Statistics Canada, Debt service indicators of households, national balance sheet accounts, 2026-06-12. This does not constitute an endorsement by Statistics Canada of this product.

## Evidence version

- Snapshot generated: 2026-09-05
- Snapshot SHA-256: `c9882d908d7b8a0374fe7c7c93106506b8d47520df5814c21d767e74984d45cb`
- Evidence changelog: <https://www.canadaindata.ca/data-changelog.json>
- This answer URL represents the latest deployed evidence. Record the digest when reproducibility matters.

## Suggested citation

Canada in Data. “How did the household mortgage debt service ratio (seasonally adjusted at annual rates) change in Canada?” Canada. Source updated 2026-06-12. <https://www.canadaindata.ca/?place=ca&analysis=statcan-11100065-mortgage-debt-service-ratio-trend&subject=11>

Canada in Data is an independent public-interest project and is not Statistics Canada. Verify consequential uses against the linked official table.