In 2023, the number of cards with a credit function per inhabitant in Canada was 2.10. The forecast from 2024 to 2028 shows stability at around 2.12, with a slight decrease to 2.11 in 2028. The year-on-year variation from 2023 to 2028 indicates minimal change, with the compound annual growth rate (CAGR) remaining almost flat.

Future trends to watch for:

Technological advancements and digital wallets potentially reducing the need for physical credit cards.
Economic conditions influencing consumer credit adoption.
Potential regulatory changes affecting credit card usage.