RSM Canada has developed a quarterly index of Canadian financial conditions, using market
assessments of risk and accommodation as a proxy for lending and borrowing attitudes. The Financial
Conditions Index (FCI) is reported as a z-score, with positive values indicating accommodative financial
conditions and negative values indicating restrictive financial conditions. As the top right figure illustrates,
the quarterly index mimics the interpolated quarterly Bank of Canada’s survey,
Read more about the FCI on the RSM Canada website.