<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 7: High uncertainty and low demand are weighing on investment</label>
    <description><![CDATA[Factors affecting investment spending

Business Outlook Survey]]></description>
    <link>https://www.bankofcanada.ca/?p=245382</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2025Q1_C7_S1">
<label>Demand (as a positive driver, share of firms)</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q1_C7_S2">
<label>Historical average share of firms citing demand as a positive driver</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q1_C7_S3">
<label>Uncertainty about economic and business conditions (as a negative driver, share of firms)</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q1_C7_S4">
<label>Historical average share of firms citing uncertainty about economic and business conditions as a negative driver</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2019-01-01"><v s="BOS_2025Q1_C7_S1">33.00</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">11.00</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2019-04-01"><v s="BOS_2025Q1_C7_S1">41.00</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">11.00</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2019-07-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">40.59</v><v s="BOS_2025Q1_C7_S3">13.86</v></o>
<o d="2019-10-01"><v s="BOS_2025Q1_C7_S3">12.87</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S1">42.57</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2020-01-01"><v s="BOS_2025Q1_C7_S3">16.83</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S1">35.64</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2020-04-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S3">11.00</v><v s="BOS_2025Q1_C7_S1">19.00</v></o>
<o d="2020-07-01"><v s="BOS_2025Q1_C7_S3">16.83</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">28.71</v><v s="BOS_2025Q1_C7_S4">10.32</v></o>
<o d="2020-10-01"><v s="BOS_2025Q1_C7_S1">31.00</v><v s="BOS_2025Q1_C7_S3">3.00</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S4">10.32</v></o>
<o d="2021-01-01"><v s="BOS_2025Q1_C7_S3">7.92</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S1">30.69</v></o>
<o d="2021-04-01"><v s="BOS_2025Q1_C7_S1">42.00</v><v s="BOS_2025Q1_C7_S3">7.00</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2021-07-01"><v s="BOS_2025Q1_C7_S3">5.94</v><v s="BOS_2025Q1_C7_S1">41.58</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2021-10-01"><v s="BOS_2025Q1_C7_S3">5.00</v><v s="BOS_2025Q1_C7_S1">53.00</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2022-01-01"><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S3">4.95</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S1">43.56</v></o>
<o d="2022-04-01"><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S3">4.95</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S1">42.57</v></o>
<o d="2022-07-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">7.00</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">37.00</v></o>
<o d="2022-10-01"><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S3">9.90</v><v s="BOS_2025Q1_C7_S1">26.73</v><v s="BOS_2025Q1_C7_S4">10.32</v></o>
<o d="2023-01-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">7.00</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">31.00</v></o>
<o d="2023-04-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">5.88</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">44.11</v></o>
<o d="2023-07-01"><v s="BOS_2025Q1_C7_S3">6.93</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">25.74</v></o>
<o d="2023-10-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">3.03</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">30.30</v></o>
<o d="2024-01-01"><v s="BOS_2025Q1_C7_S3">7.00</v><v s="BOS_2025Q1_C7_S1">26.00</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2024-04-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">5.94</v><v s="BOS_2025Q1_C7_S1">29.70</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2024-07-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S3">3.96</v><v s="BOS_2025Q1_C7_S1">15.84</v><v s="BOS_2025Q1_C7_S2">36.19</v></o>
<o d="2024-10-01"><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S1">24.00</v><v s="BOS_2025Q1_C7_S3">5.00</v></o>
<o d="2025-01-01"><v s="BOS_2025Q1_C7_S2">36.19</v><v s="BOS_2025Q1_C7_S4">10.32</v><v s="BOS_2025Q1_C7_S1">17.64</v><v s="BOS_2025Q1_C7_S3">21.56</v></o>
</observations>
</data>