<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Most businesses think a recession is likely</label>
    <description><![CDATA[What do you think is the chance that the Canadian economy will be in recession within the next 12 months? (share of firms)

Results shown here are for August and September 2022.

Business Leaders’ Pulse]]></description>
    <link>https://www.bankofcanada.ca/?p=228603</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2022Q3_C9_S1">
<label>Probability of recession</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Less than 30% chance"><v s="BOS_2022Q3_C9_S1">21</v></o>
<o k="30% to 50% chance"><v s="BOS_2022Q3_C9_S1">18</v></o>
<o k="50% to 80% chance"><v s="BOS_2022Q3_C9_S1">35</v></o>
<o k="80% to 100% chance"><v s="BOS_2022Q3_C9_S1">23</v></o>
<o k="Don’t know"><v s="BOS_2022Q3_C9_S1">3</v></o>
</observations>
</data>