{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Canadian businesses’ debt-servicing costs have been increasing since 2022",
        "description": "Interest expenses as a share of earnings, 4-quarter moving average\n\nData are for publicly listed businesses headquartered in Canada. Earnings are before interest, taxes, depreciation and amortization.\n\nFactSet and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=238471"
    },
    "seriesDetail": {
        "FSR_2024_C7_S1": {
            "label": "Interest expenses as a share of earnings",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        }
    },
    "observations": [
        {
            "d": "2013-03-31",
            "FSR_2024_C7_S1": {
                "v": "13.65"
            }
        },
        {
            "d": "2013-06-30",
            "FSR_2024_C7_S1": {
                "v": "13.65"
            }
        },
        {
            "d": "2013-09-30",
            "FSR_2024_C7_S1": {
                "v": "13.88"
            }
        },
        {
            "d": "2013-12-31",
            "FSR_2024_C7_S1": {
                "v": "14.35"
            }
        },
        {
            "d": "2014-03-31",
            "FSR_2024_C7_S1": {
                "v": "14.34"
            }
        },
        {
            "d": "2014-06-30",
            "FSR_2024_C7_S1": {
                "v": "14.22"
            }
        },
        {
            "d": "2014-09-30",
            "FSR_2024_C7_S1": {
                "v": "14.17"
            }
        },
        {
            "d": "2014-12-31",
            "FSR_2024_C7_S1": {
                "v": "14.37"
            }
        },
        {
            "d": "2015-03-31",
            "FSR_2024_C7_S1": {
                "v": "15.75"
            }
        },
        {
            "d": "2015-06-30",
            "FSR_2024_C7_S1": {
                "v": "16.48"
            }
        },
        {
            "d": "2015-09-30",
            "FSR_2024_C7_S1": {
                "v": "17.48"
            }
        },
        {
            "d": "2015-12-31",
            "FSR_2024_C7_S1": {
                "v": "19.41"
            }
        },
        {
            "d": "2016-03-31",
            "FSR_2024_C7_S1": {
                "v": "19.77"
            }
        },
        {
            "d": "2016-06-30",
            "FSR_2024_C7_S1": {
                "v": "20.54"
            }
        },
        {
            "d": "2016-09-30",
            "FSR_2024_C7_S1": {
                "v": "20.54"
            }
        },
        {
            "d": "2016-12-31",
            "FSR_2024_C7_S1": {
                "v": "19.09"
            }
        },
        {
            "d": "2017-03-31",
            "FSR_2024_C7_S1": {
                "v": "18.21"
            }
        },
        {
            "d": "2017-06-30",
            "FSR_2024_C7_S1": {
                "v": "17.59"
            }
        },
        {
            "d": "2017-09-30",
            "FSR_2024_C7_S1": {
                "v": "17.08"
            }
        },
        {
            "d": "2017-12-31",
            "FSR_2024_C7_S1": {
                "v": "17.07"
            }
        },
        {
            "d": "2018-03-31",
            "FSR_2024_C7_S1": {
                "v": "17.04"
            }
        },
        {
            "d": "2018-06-30",
            "FSR_2024_C7_S1": {
                "v": "17.02"
            }
        },
        {
            "d": "2018-09-30",
            "FSR_2024_C7_S1": {
                "v": "17.17"
            }
        },
        {
            "d": "2018-12-31",
            "FSR_2024_C7_S1": {
                "v": "17.08"
            }
        },
        {
            "d": "2019-03-31",
            "FSR_2024_C7_S1": {
                "v": "17.33"
            }
        },
        {
            "d": "2019-06-30",
            "FSR_2024_C7_S1": {
                "v": "17.39"
            }
        },
        {
            "d": "2019-09-30",
            "FSR_2024_C7_S1": {
                "v": "17.68"
            }
        },
        {
            "d": "2019-12-31",
            "FSR_2024_C7_S1": {
                "v": "17.92"
            }
        },
        {
            "d": "2020-03-31",
            "FSR_2024_C7_S1": {
                "v": "18.54"
            }
        },
        {
            "d": "2020-06-30",
            "FSR_2024_C7_S1": {
                "v": "19.99"
            }
        },
        {
            "d": "2020-09-30",
            "FSR_2024_C7_S1": {
                "v": "19.92"
            }
        },
        {
            "d": "2020-12-31",
            "FSR_2024_C7_S1": {
                "v": "19.65"
            }
        },
        {
            "d": "2021-03-31",
            "FSR_2024_C7_S1": {
                "v": "19.62"
            }
        },
        {
            "d": "2021-06-30",
            "FSR_2024_C7_S1": {
                "v": "17.25"
            }
        },
        {
            "d": "2021-09-30",
            "FSR_2024_C7_S1": {
                "v": "16.46"
            }
        },
        {
            "d": "2021-12-31",
            "FSR_2024_C7_S1": {
                "v": "15.38"
            }
        },
        {
            "d": "2022-03-31",
            "FSR_2024_C7_S1": {
                "v": "13.15"
            }
        },
        {
            "d": "2022-06-30",
            "FSR_2024_C7_S1": {
                "v": "12.68"
            }
        },
        {
            "d": "2022-09-30",
            "FSR_2024_C7_S1": {
                "v": "12.65"
            }
        },
        {
            "d": "2022-12-31",
            "FSR_2024_C7_S1": {
                "v": "13.46"
            }
        },
        {
            "d": "2023-03-31",
            "FSR_2024_C7_S1": {
                "v": "14.75"
            }
        },
        {
            "d": "2023-06-30",
            "FSR_2024_C7_S1": {
                "v": "16.23"
            }
        },
        {
            "d": "2023-09-30",
            "FSR_2024_C7_S1": {
                "v": "16.87"
            }
        }
    ]
}