Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6% from the previous quarter, the slowest pace of growth since early 2009.
The agency says mortgage debt totaled more than $1.1 trillion at the end of the first quarter.
The move came as the nation's number crunchers said the level of household credit market debt to disposable income edged down to 163.2% in the first quarter compared with 163.9% in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3% from the fourth quarter to $507 billion.
Household net worth grew by 2.5% in the first quarter, led by a 3.2% gain in the value of shares and other equities. The increase in household net worth was also supported by a 2% gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter.
