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September 11, 2026CANADA NATIONAL BALANCE SHEET ACCOUNTS, Q2 2026 
In the second quarter of 2026, Canadian national wealth (the total value of non-financial assets) increased 2.8% to $18,356.9 billion. This follows an increase of 2.4% in the first quarter of 2026.
Household and national wealth both increased in the second quarter of 2026. Strong equity market performance boosted the value of household financial assets and lifted household net worth by 2.9%, while higher energy and mineral prices increased the value of Canada's subsoil asset reserves. Residential real estate values edged up 0.4%, supported by a rebound in housing investment and stronger resale activity. Statistics Canada notes that wealth remains unevenly distributed, with the highest wealth quintile holding 69.0% of all financial assets and 49.7% of all non-financial assets.
Total assets, including financial and non-financial assets rose by 4.3% to $78,656.6 billion at the end of Q2 2026, following 1.7% growth in Q1 2026.
Household sector
Household credit market debt as a proportion of household disposable income declined to 176.37% in Q2 2026 compared to Q1. This represents the largest quarterly decrease since Q3 2024, as household disposable income grew more than twice as fast as debt. The improvement was accompanied by a decline in the debt service ratio to 14.52% and slower growth in both mortgage and non-mortgage borrowing.
In Q2 2026, household debt payments decreased to 14.52% of disposable income. Although mortgage and non-mortgage interest payments increased slightly, the overall debt service ratio declined as disposable income grew faster than total debt payments.
Government sector
At the end of Q2 2026, federal government net debt (book value) increased to 33.25% of GDP. Government borrowing remained elevated, supported by continued bond and treasury bill issuance and record demand from foreign investors, who acquired over $81 billion in Canadian government bonds during the quarter. Net debt of other levels of government decreased to 14.74% of GDP.
Corporate sector
The credit market debt-to-equity ratio of non-financial private corporations increased to 59.76 cents of credit market debt for every dollar of equity in Q2 2026, from 59.32 cents in the first quarter.
Source: Statistics Canada. Table 11-10-0065-01 Debt service indicators of households, national balance sheet accounts; Table 36-10-0580-01 National Balance Sheet Accounts (x 1,000,000); Table 38-10-0235-01 Financial indicators of households and non-profit institutions serving households, national balance sheet accounts; Table 38-10-0236-01 Financial indicators of corporate sector, national balance sheet accounts; Table 38-10-0237-01 Financial indicators of general government sector, national balance sheet accounts; Table 38-10-0238-01 Household sector credit market summary table, seasonally adjusted estimates