07:40 AM EST, 02/19/2025 (MT Newswires) -- Statistics Canada will release household credit figures for December at 8:30 a.m. ET Wednesday, said Bank of Montreal (BMO).

Residential mortgage growth has improved recently to 4.0% year over year, but the housing market recovery stalled at the turn of the year due to concern that United States tariffs might pull the economy into recession, stated the bank.