<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 8: More firms than last quarter are planning to reduce the size of their workforce</label>
    <description><![CDATA[Number of employees: Over the next 12 months, will the number of employees (full-time equivalent) at your organization (in Canada) be higher, lower or the same? (Share of firms)

Source: Business Outlook Survey]]></description>
    <link>https://www.bankofcanada.ca/?p=251075</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2025Q4_C8_S1">
<label>Higher</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q4_C8_S2">
<label>About the same</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q4_C8_S3">
<label>Lower</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q4_C8_S4">
<label>Historical average, higher</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q4_C8_S5">
<label>Historical average, about the same</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2025Q4_C8_S6">
<label>Historical average, lower</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2016-01-01"><v s="BOS_2025Q4_C8_S1">43.0</v><v s="BOS_2025Q4_C8_S2">41.0</v><v s="BOS_2025Q4_C8_S3">17.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2016-04-01"><v s="BOS_2025Q4_C8_S1">43.0</v><v s="BOS_2025Q4_C8_S2">36.0</v><v s="BOS_2025Q4_C8_S3">22.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2016-07-01"><v s="BOS_2025Q4_C8_S1">47.0</v><v s="BOS_2025Q4_C8_S2">37.0</v><v s="BOS_2025Q4_C8_S3">16.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2016-10-01"><v s="BOS_2025Q4_C8_S1">52.0</v><v s="BOS_2025Q4_C8_S2">34.0</v><v s="BOS_2025Q4_C8_S3">15.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2017-01-01"><v s="BOS_2025Q4_C8_S1">52.0</v><v s="BOS_2025Q4_C8_S2">34.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2017-04-01"><v s="BOS_2025Q4_C8_S1">66.0</v><v s="BOS_2025Q4_C8_S2">26.0</v><v s="BOS_2025Q4_C8_S3">8.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2017-07-01"><v s="BOS_2025Q4_C8_S1">48.0</v><v s="BOS_2025Q4_C8_S2">38.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2017-10-01"><v s="BOS_2025Q4_C8_S1">51.0</v><v s="BOS_2025Q4_C8_S2">39.0</v><v s="BOS_2025Q4_C8_S3">11.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2018-01-01"><v s="BOS_2025Q4_C8_S1">54.0</v><v s="BOS_2025Q4_C8_S2">37.0</v><v s="BOS_2025Q4_C8_S3">9.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2018-04-01"><v s="BOS_2025Q4_C8_S1">56.0</v><v s="BOS_2025Q4_C8_S2">39.0</v><v s="BOS_2025Q4_C8_S3">5.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2018-07-01"><v s="BOS_2025Q4_C8_S1">52.0</v><v s="BOS_2025Q4_C8_S2">36.0</v><v s="BOS_2025Q4_C8_S3">13.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2018-10-01"><v s="BOS_2025Q4_C8_S1">51.0</v><v s="BOS_2025Q4_C8_S2">39.0</v><v s="BOS_2025Q4_C8_S3">10.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2019-01-01"><v s="BOS_2025Q4_C8_S1">49.0</v><v s="BOS_2025Q4_C8_S2">37.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2019-04-01"><v s="BOS_2025Q4_C8_S1">49.0</v><v s="BOS_2025Q4_C8_S2">38.0</v><v s="BOS_2025Q4_C8_S3">13.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2019-07-01"><v s="BOS_2025Q4_C8_S1">43.0</v><v s="BOS_2025Q4_C8_S2">46.0</v><v s="BOS_2025Q4_C8_S3">12.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2019-10-01"><v s="BOS_2025Q4_C8_S1">54.0</v><v s="BOS_2025Q4_C8_S2">36.0</v><v s="BOS_2025Q4_C8_S3">11.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2020-01-01"><v s="BOS_2025Q4_C8_S1">42.0</v><v s="BOS_2025Q4_C8_S2">45.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2020-04-01"><v s="BOS_2025Q4_C8_S1">41.0</v><v s="BOS_2025Q4_C8_S2">40.0</v><v s="BOS_2025Q4_C8_S3">19.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2020-07-01"><v s="BOS_2025Q4_C8_S1">39.0</v><v s="BOS_2025Q4_C8_S2">48.0</v><v s="BOS_2025Q4_C8_S3">13.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2020-10-01"><v s="BOS_2025Q4_C8_S1">54.0</v><v s="BOS_2025Q4_C8_S2">35.0</v><v s="BOS_2025Q4_C8_S3">11.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2021-01-01"><v s="BOS_2025Q4_C8_S1">51.0</v><v s="BOS_2025Q4_C8_S2">43.0</v><v s="BOS_2025Q4_C8_S3">6.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2021-04-01"><v s="BOS_2025Q4_C8_S1">68.0</v><v s="BOS_2025Q4_C8_S2">29.0</v><v s="BOS_2025Q4_C8_S3">3.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2021-07-01"><v s="BOS_2025Q4_C8_S1">71.0</v><v s="BOS_2025Q4_C8_S2">25.0</v><v s="BOS_2025Q4_C8_S3">4.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2021-10-01"><v s="BOS_2025Q4_C8_S1">80.0</v><v s="BOS_2025Q4_C8_S2">17.0</v><v s="BOS_2025Q4_C8_S3">3.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2022-01-01"><v s="BOS_2025Q4_C8_S1">66.0</v><v s="BOS_2025Q4_C8_S2">31.0</v><v s="BOS_2025Q4_C8_S3">3.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2022-04-01"><v s="BOS_2025Q4_C8_S1">69.0</v><v s="BOS_2025Q4_C8_S2">28.0</v><v s="BOS_2025Q4_C8_S3">3.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2022-07-01"><v s="BOS_2025Q4_C8_S1">54.0</v><v s="BOS_2025Q4_C8_S2">39.0</v><v s="BOS_2025Q4_C8_S3">7.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2022-10-01"><v s="BOS_2025Q4_C8_S1">46.0</v><v s="BOS_2025Q4_C8_S2">44.0</v><v s="BOS_2025Q4_C8_S3">11.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2023-01-01"><v s="BOS_2025Q4_C8_S1">54.0</v><v s="BOS_2025Q4_C8_S2">37.0</v><v s="BOS_2025Q4_C8_S3">9.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2023-04-01"><v s="BOS_2025Q4_C8_S1">48.0</v><v s="BOS_2025Q4_C8_S2">38.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2023-07-01"><v s="BOS_2025Q4_C8_S1">39.0</v><v s="BOS_2025Q4_C8_S2">50.0</v><v s="BOS_2025Q4_C8_S3">12.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2023-10-01"><v s="BOS_2025Q4_C8_S1">37.0</v><v s="BOS_2025Q4_C8_S2">47.0</v><v s="BOS_2025Q4_C8_S3">16.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2024-01-01"><v s="BOS_2025Q4_C8_S1">43.0</v><v s="BOS_2025Q4_C8_S2">46.0</v><v s="BOS_2025Q4_C8_S3">11.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2024-04-01"><v s="BOS_2025Q4_C8_S1">38.0</v><v s="BOS_2025Q4_C8_S2">51.0</v><v s="BOS_2025Q4_C8_S3">12.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2024-07-01"><v s="BOS_2025Q4_C8_S1">42.0</v><v s="BOS_2025Q4_C8_S2">45.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2024-10-01"><v s="BOS_2025Q4_C8_S1">45.0</v><v s="BOS_2025Q4_C8_S2">43.0</v><v s="BOS_2025Q4_C8_S3">12.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2025-01-01"><v s="BOS_2025Q4_C8_S1">32.0</v><v s="BOS_2025Q4_C8_S2">54.0</v><v s="BOS_2025Q4_C8_S3">14.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2025-04-01"><v s="BOS_2025Q4_C8_S1">33.0</v><v s="BOS_2025Q4_C8_S2">57.0</v><v s="BOS_2025Q4_C8_S3">10.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2025-07-01"><v s="BOS_2025Q4_C8_S1">38.0</v><v s="BOS_2025Q4_C8_S2">50.0</v><v s="BOS_2025Q4_C8_S3">13.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
<o d="2025-10-01"><v s="BOS_2025Q4_C8_S1">37.0</v><v s="BOS_2025Q4_C8_S2">43.0</v><v s="BOS_2025Q4_C8_S3">21.0</v><v s="BOS_2025Q4_C8_S4">46.4</v><v s="BOS_2025Q4_C8_S5">41.1</v><v s="BOS_2025Q4_C8_S6">12.9</v></o>
</observations>
</data>