<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Business Outlook Survey—data by firm size (four quarter moving averages) - Credit conditions</label>
    <description><![CDATA[Firm sizes are defined as follows: small firms have 10 to 99 employees, medium-sized firms have 100 to 499 employees, and large firms have 500 or more employees. Because the responses are presented here as four-quarter moving averages, these charts may not show the same movements as the aggregate BOS data published each quarter.]]></description>
    <link>https://www.bankofcanada.ca/?p=217700</link>
</groupDetail>
<seriesDetail>
<series id="BOS_FIN_S">
<label>Small firms</label>
<description>Credit conditions, four-quarter moving average - Over the past 3 months, how have the terms and conditions for obtaining financing changed (compared with the previous 3 months)?</description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_FIN_M">
<label>Medium-sized firms</label>
<description>Credit conditions, four-quarter moving average - Over the past 3 months, how have the terms and conditions for obtaining financing changed (compared with the previous 3 months)?</description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_FIN_L">
<label>Large firms</label>
<description>Credit conditions, four-quarter moving average - Over the past 3 months, how have the terms and conditions for obtaining financing changed (compared with the previous 3 months)?</description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2004-01-01"><v s="BOS_FIN_S">-19.24</v><v s="BOS_FIN_M">2.22</v><v s="BOS_FIN_L">-2.38</v></o>
<o d="2004-04-01"><v s="BOS_FIN_S">-22.05</v><v s="BOS_FIN_M">1.73</v><v s="BOS_FIN_L">-9.51</v></o>
<o d="2004-07-01"><v s="BOS_FIN_S">-17.24</v><v s="BOS_FIN_M">6.81</v><v s="BOS_FIN_L">-13.94</v></o>
<o d="2004-10-01"><v s="BOS_FIN_S">-13.35</v><v s="BOS_FIN_M">1.00</v><v s="BOS_FIN_L">-18.70</v></o>
<o d="2005-01-01"><v s="BOS_FIN_S">-5.85</v><v s="BOS_FIN_M">-6.39</v><v s="BOS_FIN_L">-20.74</v></o>
<o d="2005-04-01"><v s="BOS_FIN_S">-7.89</v><v s="BOS_FIN_M">-12.02</v><v s="BOS_FIN_L">-23.55</v></o>
<o d="2005-07-01"><v s="BOS_FIN_S">-5.89</v><v s="BOS_FIN_M">-19.16</v><v s="BOS_FIN_L">-31.39</v></o>
<o d="2005-10-01"><v s="BOS_FIN_S">-1.13</v><v s="BOS_FIN_M">-23.60</v><v s="BOS_FIN_L">-24.05</v></o>
<o d="2006-01-01"><v s="BOS_FIN_S">-2.09</v><v s="BOS_FIN_M">-18.60</v><v s="BOS_FIN_L">-17.96</v></o>
<o d="2006-04-01"><v s="BOS_FIN_S">-0.63</v><v s="BOS_FIN_M">-16.60</v><v s="BOS_FIN_L">-11.93</v></o>
<o d="2006-07-01"><v s="BOS_FIN_S">-8.19</v><v s="BOS_FIN_M">-10.10</v><v s="BOS_FIN_L">-10.43</v></o>
<o d="2006-10-01"><v s="BOS_FIN_S">-7.19</v><v s="BOS_FIN_M">-6.75</v><v s="BOS_FIN_L">-15.68</v></o>
<o d="2007-01-01"><v s="BOS_FIN_S">-8.31</v><v s="BOS_FIN_M">-11.18</v><v s="BOS_FIN_L">-20.04</v></o>
<o d="2007-04-01"><v s="BOS_FIN_S">-9.58</v><v s="BOS_FIN_M">-12.59</v><v s="BOS_FIN_L">-24.73</v></o>
<o d="2007-07-01"><v s="BOS_FIN_S">0.52</v><v s="BOS_FIN_M">-8.39</v><v s="BOS_FIN_L">-6.97</v></o>
<o d="2007-10-01"><v s="BOS_FIN_S">2.65</v><v s="BOS_FIN_M">0.17</v><v s="BOS_FIN_L">7.61</v></o>
<o d="2008-01-01"><v s="BOS_FIN_S">10.68</v><v s="BOS_FIN_M">12.67</v><v s="BOS_FIN_L">19.00</v></o>
<o d="2008-04-01"><v s="BOS_FIN_S">12.43</v><v s="BOS_FIN_M">21.14</v><v s="BOS_FIN_L">29.64</v></o>
<o d="2008-07-01"><v s="BOS_FIN_S">9.20</v><v s="BOS_FIN_M">26.12</v><v s="BOS_FIN_L">32.61</v></o>
<o d="2008-10-01"><v s="BOS_FIN_S">15.29</v><v s="BOS_FIN_M">33.52</v><v s="BOS_FIN_L">41.92</v></o>
<o d="2009-01-01"><v s="BOS_FIN_S">16.34</v><v s="BOS_FIN_M">34.21</v><v s="BOS_FIN_L">48.28</v></o>
<o d="2009-04-01"><v s="BOS_FIN_S">25.86</v><v s="BOS_FIN_M">29.83</v><v s="BOS_FIN_L">43.85</v></o>
<o d="2009-07-01"><v s="BOS_FIN_S">27.32</v><v s="BOS_FIN_M">23.31</v><v s="BOS_FIN_L">24.15</v></o>
<o d="2009-10-01"><v s="BOS_FIN_S">18.11</v><v s="BOS_FIN_M">10.25</v><v s="BOS_FIN_L">-2.37</v></o>
<o d="2010-01-01"><v s="BOS_FIN_S">12.20</v><v s="BOS_FIN_M">5.75</v><v s="BOS_FIN_L">-19.09</v></o>
<o d="2010-04-01"><v s="BOS_FIN_S">4.83</v><v s="BOS_FIN_M">2.75</v><v s="BOS_FIN_L">-25.75</v></o>
<o d="2010-07-01"><v s="BOS_FIN_S">2.05</v><v s="BOS_FIN_M">-1.37</v><v s="BOS_FIN_L">-27.35</v></o>
<o d="2010-10-01"><v s="BOS_FIN_S">3.05</v><v s="BOS_FIN_M">-5.15</v><v s="BOS_FIN_L">-26.81</v></o>
<o d="2011-01-01"><v s="BOS_FIN_S">1.16</v><v s="BOS_FIN_M">-9.11</v><v s="BOS_FIN_L">-25.39</v></o>
<o d="2011-04-01"><v s="BOS_FIN_S">-3.07</v><v s="BOS_FIN_M">-13.99</v><v s="BOS_FIN_L">-26.97</v></o>
<o d="2011-07-01"><v s="BOS_FIN_S">-5.57</v><v s="BOS_FIN_M">-17.62</v><v s="BOS_FIN_L">-18.64</v></o>
<o d="2011-10-01"><v s="BOS_FIN_S">-9.15</v><v s="BOS_FIN_M">-10.93</v><v s="BOS_FIN_L">-6.97</v></o>
<o d="2012-01-01"><v s="BOS_FIN_S">-10.13</v><v s="BOS_FIN_M">-14.44</v><v s="BOS_FIN_L">-12.33</v></o>
<o d="2012-04-01"><v s="BOS_FIN_S">-0.39</v><v s="BOS_FIN_M">-2.92</v><v s="BOS_FIN_L">-10.60</v></o>
<o d="2012-07-01"><v s="BOS_FIN_S">2.11</v><v s="BOS_FIN_M">0.97</v><v s="BOS_FIN_L">-14.50</v></o>
<o d="2012-10-01"><v s="BOS_FIN_S">4.70</v><v s="BOS_FIN_M">-1.22</v><v s="BOS_FIN_L">-23.90</v></o>
<o d="2013-01-01"><v s="BOS_FIN_S">12.13</v><v s="BOS_FIN_M">3.25</v><v s="BOS_FIN_L">-16.48</v></o>
<o d="2013-04-01"><v s="BOS_FIN_S">6.57</v><v s="BOS_FIN_M">1.56</v><v s="BOS_FIN_L">-14.77</v></o>
<o d="2013-07-01"><v s="BOS_FIN_S">7.57</v><v s="BOS_FIN_M">4.34</v><v s="BOS_FIN_L">-11.91</v></o>
<o d="2013-10-01"><v s="BOS_FIN_S">11.60</v><v s="BOS_FIN_M">-0.45</v><v s="BOS_FIN_L">-4.12</v></o>
<o d="2014-01-01"><v s="BOS_FIN_S">3.46</v><v s="BOS_FIN_M">-1.45</v><v s="BOS_FIN_L">-4.88</v></o>
<o d="2014-04-01"><v s="BOS_FIN_S">-3.24</v><v s="BOS_FIN_M">-7.11</v><v s="BOS_FIN_L">-12.70</v></o>
<o d="2014-07-01"><v s="BOS_FIN_S">-5.05</v><v s="BOS_FIN_M">-8.84</v><v s="BOS_FIN_L">-17.30</v></o>
<o d="2014-10-01"><v s="BOS_FIN_S">-10.17</v><v s="BOS_FIN_M">-8.11</v><v s="BOS_FIN_L">-18.29</v></o>
<o d="2015-01-01"><v s="BOS_FIN_S">-12.87</v><v s="BOS_FIN_M">-9.03</v><v s="BOS_FIN_L">-18.05</v></o>
<o d="2015-04-01"><v s="BOS_FIN_S">-9.03</v><v s="BOS_FIN_M">-8.85</v><v s="BOS_FIN_L">-9.44</v></o>
<o d="2015-07-01"><v s="BOS_FIN_S">-4.99</v><v s="BOS_FIN_M">-4.78</v><v s="BOS_FIN_L">-4.79</v></o>
<o d="2015-10-01"><v s="BOS_FIN_S">-2.91</v><v s="BOS_FIN_M">-2.28</v><v s="BOS_FIN_L">-8.31</v></o>
<o d="2016-01-01"><v s="BOS_FIN_S">3.44</v><v s="BOS_FIN_M">3.93</v><v s="BOS_FIN_L">-1.28</v></o>
<o d="2016-04-01"><v s="BOS_FIN_S">1.95</v><v s="BOS_FIN_M">5.87</v><v s="BOS_FIN_L">-1.05</v></o>
<o d="2016-07-01"><v s="BOS_FIN_S">-3.20</v><v s="BOS_FIN_M">4.39</v><v s="BOS_FIN_L">-2.75</v></o>
<o d="2016-10-01"><v s="BOS_FIN_S">-6.37</v><v s="BOS_FIN_M">5.11</v><v s="BOS_FIN_L">0.03</v></o>
<o d="2017-01-01"><v s="BOS_FIN_S">-10.01</v><v s="BOS_FIN_M">0.82</v><v s="BOS_FIN_L">-3.73</v></o>
<o d="2017-04-01"><v s="BOS_FIN_S">-9.10</v><v s="BOS_FIN_M">3.30</v><v s="BOS_FIN_L">-1.45</v></o>
<o d="2017-07-01"><v s="BOS_FIN_S">-5.18</v><v s="BOS_FIN_M">4.41</v><v s="BOS_FIN_L">-0.75</v></o>
<o d="2017-10-01"><v s="BOS_FIN_S">-3.00</v><v s="BOS_FIN_M">2.87</v><v s="BOS_FIN_L">-2.67</v></o>
<o d="2018-01-01"><v s="BOS_FIN_S">-0.50</v><v s="BOS_FIN_M">5.64</v><v s="BOS_FIN_L">-0.08</v></o>
<o d="2018-04-01"><v s="BOS_FIN_S">2.00</v><v s="BOS_FIN_M">2.36</v><v s="BOS_FIN_L">-2.35</v></o>
<o d="2018-07-01"><v s="BOS_FIN_S">0.93</v><v s="BOS_FIN_M">1.28</v><v s="BOS_FIN_L">-2.94</v></o>
<o d="2018-10-01"><v s="BOS_FIN_S">3.43</v><v s="BOS_FIN_M">3.00</v><v s="BOS_FIN_L">3.68</v></o>
<o d="2019-01-01"><v s="BOS_FIN_S">-1.93</v><v s="BOS_FIN_M">0.92</v><v s="BOS_FIN_L">-1.26</v></o>
<o d="2019-04-01"><v s="BOS_FIN_S">-7.49</v><v s="BOS_FIN_M">2.48</v><v s="BOS_FIN_L">1.02</v></o>
<o d="2019-07-01"><v s="BOS_FIN_S">-9.20</v><v s="BOS_FIN_M">-0.83</v><v s="BOS_FIN_L">2.79</v></o>
<o d="2019-10-01"><v s="BOS_FIN_S">-10.73</v><v s="BOS_FIN_M">-3.24</v><v s="BOS_FIN_L">-3.62</v></o>
<o d="2020-01-01"><v s="BOS_FIN_S">-5.38</v><v s="BOS_FIN_M">-3.94</v><v s="BOS_FIN_L">-7.84</v></o>
<o d="2020-04-01"><v s="BOS_FIN_S">2.86</v><v s="BOS_FIN_M">-0.15</v><v s="BOS_FIN_L">-0.48</v></o>
<o d="2020-07-01"><v s="BOS_FIN_S">0.07</v><v s="BOS_FIN_M">-3.37</v><v s="BOS_FIN_L">-0.48</v></o>
<o d="2020-10-01"><v s="BOS_FIN_S">-4.34</v><v s="BOS_FIN_M">-0.30</v><v s="BOS_FIN_L">-6.82</v></o>
<o d="2021-01-01"><v s="BOS_FIN_S">-9.99</v><v s="BOS_FIN_M">-3.30</v><v s="BOS_FIN_L">-4.85</v></o>
<o d="2021-04-01"><v s="BOS_FIN_S">-16.83</v><v s="BOS_FIN_M">-10.56</v><v s="BOS_FIN_L">-13.60</v></o>
<o d="2021-07-01"><v s="BOS_FIN_S">-16.26</v><v s="BOS_FIN_M">-7.18</v><v s="BOS_FIN_L">-16.58</v></o>
<o d="2021-10-01"><v s="BOS_FIN_S">-9.48</v><v s="BOS_FIN_M">-7.91</v><v s="BOS_FIN_L">-10.54</v></o>
<o d="2022-01-01"><v s="BOS_FIN_S">-2.65</v><v s="BOS_FIN_M">-1.34</v><v s="BOS_FIN_L">-7.96</v></o>
<o d="2022-04-01"><v s="BOS_FIN_S">7.48</v><v s="BOS_FIN_M">4.72</v><v s="BOS_FIN_L">-2.67</v></o>
<o d="2022-07-01"><v s="BOS_FIN_S">14.64</v><v s="BOS_FIN_M">9.56</v><v s="BOS_FIN_L">3.80</v></o>
<o d="2022-10-01"><v s="BOS_FIN_S">16.52</v><v s="BOS_FIN_M">14.37</v><v s="BOS_FIN_L">14.40</v></o>
<o d="2023-01-01"><v s="BOS_FIN_S">18.74</v><v s="BOS_FIN_M">14.17</v><v s="BOS_FIN_L">16.05</v></o>
<o d="2023-04-01"><v s="BOS_FIN_S">19.45</v><v s="BOS_FIN_M">21.46</v><v s="BOS_FIN_L">17.29</v></o>
<o d="2023-07-01"><v s="BOS_FIN_S">23.62</v><v s="BOS_FIN_M">24.77</v><v s="BOS_FIN_L">20.67</v></o>
<o d="2023-10-01"><v s="BOS_FIN_S">27.03</v><v s="BOS_FIN_M">27.16</v><v s="BOS_FIN_L">17.27</v></o>
<o d="2024-01-01"><v s="BOS_FIN_S">29.62</v><v s="BOS_FIN_M">22.98</v><v s="BOS_FIN_L">14.30</v></o>
<o d="2024-04-01"><v s="BOS_FIN_S">22.95</v><v s="BOS_FIN_M">15.03</v><v s="BOS_FIN_L">6.77</v></o>
<o d="2024-07-01"><v s="BOS_FIN_S">10.83</v><v s="BOS_FIN_M">8.06</v><v s="BOS_FIN_L">0.71</v></o>
<o d="2024-10-01"><v s="BOS_FIN_S">3.18</v><v s="BOS_FIN_M">0.81</v><v s="BOS_FIN_L">-8.63</v></o>
<o d="2025-01-01"><v s="BOS_FIN_S">-0.33</v><v s="BOS_FIN_M">0.86</v><v s="BOS_FIN_L">-9.33</v></o>
<o d="2025-04-01"><v s="BOS_FIN_S">5.68</v><v s="BOS_FIN_M">1.82</v><v s="BOS_FIN_L">-3.47</v></o>
<o d="2025-07-01"><v s="BOS_FIN_S">11.46</v><v s="BOS_FIN_M">4.76</v><v s="BOS_FIN_L">-10.73</v></o>
<o d="2025-10-01"><v s="BOS_FIN_S">14.20</v><v s="BOS_FIN_M">6.76</v><v s="BOS_FIN_L">-6.56</v></o>
</observations>
</data>