<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>The aggregated balance sheet of non-financial businesses remains healthy</label>
    <description><![CDATA[Indicators of liquidity and leverage

Debt excludes corporate claims.

Statistics Canada and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=245718</link>
</groupDetail>
<seriesDetail>
<series id="FSR_2025_C3_S1">
<label>Liquidity (cash-to-debt ratio, left scale)</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="FSR_2025_C3_S2">
<label>Leverage (debt-to-asset ratio, right scale)</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2015-01-01"><v s="FSR_2025_C3_S1">36.0</v><v s="FSR_2025_C3_S2">21.9</v></o>
<o d="2015-04-01"><v s="FSR_2025_C3_S1">35.7</v><v s="FSR_2025_C3_S2">21.3</v></o>
<o d="2015-07-01"><v s="FSR_2025_C3_S2">22.2</v><v s="FSR_2025_C3_S1">35.9</v></o>
<o d="2015-10-01"><v s="FSR_2025_C3_S2">22.5</v><v s="FSR_2025_C3_S1">35.8</v></o>
<o d="2016-01-01"><v s="FSR_2025_C3_S1">36.6</v><v s="FSR_2025_C3_S2">21.6</v></o>
<o d="2016-04-01"><v s="FSR_2025_C3_S1">35.9</v><v s="FSR_2025_C3_S2">22.4</v></o>
<o d="2016-07-01"><v s="FSR_2025_C3_S2">21.9</v><v s="FSR_2025_C3_S1">35.7</v></o>
<o d="2016-10-01"><v s="FSR_2025_C3_S2">21.0</v><v s="FSR_2025_C3_S1">37.7</v></o>
<o d="2017-01-01"><v s="FSR_2025_C3_S2">20.1</v><v s="FSR_2025_C3_S1">37.1</v></o>
<o d="2017-04-01"><v s="FSR_2025_C3_S2">20.6</v><v s="FSR_2025_C3_S1">37.7</v></o>
<o d="2017-07-01"><v s="FSR_2025_C3_S2">20.7</v><v s="FSR_2025_C3_S1">37.5</v></o>
<o d="2017-10-01"><v s="FSR_2025_C3_S2">20.7</v><v s="FSR_2025_C3_S1">37.0</v></o>
<o d="2018-01-01"><v s="FSR_2025_C3_S1">36.0</v><v s="FSR_2025_C3_S2">21.0</v></o>
<o d="2018-04-01"><v s="FSR_2025_C3_S1">35.9</v><v s="FSR_2025_C3_S2">20.6</v></o>
<o d="2018-07-01"><v s="FSR_2025_C3_S2">20.1</v><v s="FSR_2025_C3_S1">36.1</v></o>
<o d="2018-10-01"><v s="FSR_2025_C3_S2">21.7</v><v s="FSR_2025_C3_S1">36.8</v></o>
<o d="2019-01-01"><v s="FSR_2025_C3_S2">22.2</v><v s="FSR_2025_C3_S1">34.0</v></o>
<o d="2019-04-01"><v s="FSR_2025_C3_S2">21.8</v><v s="FSR_2025_C3_S1">34.2</v></o>
<o d="2019-07-01"><v s="FSR_2025_C3_S2">22.3</v><v s="FSR_2025_C3_S1">35.2</v></o>
<o d="2019-10-01"><v s="FSR_2025_C3_S2">21.9</v><v s="FSR_2025_C3_S1">36.3</v></o>
<o d="2020-01-01"><v s="FSR_2025_C3_S1">38.4</v><v s="FSR_2025_C3_S2">23.2</v></o>
<o d="2020-04-01"><v s="FSR_2025_C3_S1">40.1</v><v s="FSR_2025_C3_S2">23.6</v></o>
<o d="2020-07-01"><v s="FSR_2025_C3_S2">23.0</v><v s="FSR_2025_C3_S1">42.0</v></o>
<o d="2020-10-01"><v s="FSR_2025_C3_S1">42.5</v><v s="FSR_2025_C3_S2">22.0</v></o>
<o d="2021-01-01"><v s="FSR_2025_C3_S1">42.4</v><v s="FSR_2025_C3_S2">20.7</v></o>
<o d="2021-04-01"><v s="FSR_2025_C3_S1">43.6</v><v s="FSR_2025_C3_S2">19.7</v></o>
<o d="2021-07-01"><v s="FSR_2025_C3_S1">44.3</v><v s="FSR_2025_C3_S2">19.8</v></o>
<o d="2021-10-01"><v s="FSR_2025_C3_S1">44.3</v><v s="FSR_2025_C3_S2">19.4</v></o>
<o d="2022-01-01"><v s="FSR_2025_C3_S2">18.3</v><v s="FSR_2025_C3_S1">44.4</v></o>
<o d="2022-04-01"><v s="FSR_2025_C3_S1">45.3</v><v s="FSR_2025_C3_S2">17.5</v></o>
<o d="2022-07-01"><v s="FSR_2025_C3_S1">45.1</v><v s="FSR_2025_C3_S2">18.8</v></o>
<o d="2022-10-01"><v s="FSR_2025_C3_S1">45.1</v><v s="FSR_2025_C3_S2">19.2</v></o>
<o d="2023-01-01"><v s="FSR_2025_C3_S1">43.1</v><v s="FSR_2025_C3_S2">19.8</v></o>
<o d="2023-04-01"><v s="FSR_2025_C3_S1">42.8</v><v s="FSR_2025_C3_S2">20.1</v></o>
<o d="2023-07-01"><v s="FSR_2025_C3_S1">44.0</v><v s="FSR_2025_C3_S2">20.1</v></o>
<o d="2023-10-01"><v s="FSR_2025_C3_S2">20.1</v><v s="FSR_2025_C3_S1">43.8</v></o>
<o d="2024-01-01"><v s="FSR_2025_C3_S2">20.3</v><v s="FSR_2025_C3_S1">42.0</v></o>
<o d="2024-04-01"><v s="FSR_2025_C3_S2">20.3</v><v s="FSR_2025_C3_S1">41.3</v></o>
<o d="2024-07-01"><v s="FSR_2025_C3_S2">20.5</v><v s="FSR_2025_C3_S1">41.2</v></o>
<o d="2024-10-01"><v s="FSR_2025_C3_S1">42.2</v><v s="FSR_2025_C3_S2">20.6</v></o>
</observations>
</data>