<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 3: Outlooks for business activity have improved for Prairie firms</label>
    <description><![CDATA[Indicators of future sales: Compared with 12 months ago, have your recent indicators of future sales (order books, advance bookings, sales inquiries, etc.) improved, deteriorated or remained the same? (Balance of opinion*) Investment spending: Compared with the past 12 months, do you expect your firm’s investment spending on machinery and equipment over the next 12 months to be higher, lower or the about same? (Balance of opinion†) Number of employees: Compared with today, do you expect your firm’s number of employees over the next 12 months to be higher, lower or about the same? (Balance of opinion‡)

* Percentage of firms reporting that indicators have improved minus the percentage reporting that indicators have deteriorated
† Percentage of firms expecting investment spending to be higher minus the percentage expecting investment spending to be lower
‡ Percentage of firms expecting number of employees to be higher minus the percentage expecting number of employees to be lower

Note: The share of firms in the Prairies is 21%, and the share for the rest of Canada is 79%.

Source: Business Outlook Survey]]></description>
    <link>https://www.bankofcanada.ca/?p=254713</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2026Q2_C3_S1">
<label>Prairies</label>
<description>Prairies</description>
<dimension key="k" name="Category"/>
</series>
<series id="BOS_2026Q2_C3_S2">
<label>Rest of Canada</label>
<description>Rest of Canada</description>
<dimension key="k" name="Category"/>
</series>
<series id="BOS_2026Q2_C3_S3">
<label>2026Q1</label>
<description>2026Q1</description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Indicators of future sales|Prairies"><v s="BOS_2026Q2_C3_S1">38</v><v s="BOS_2026Q2_C3_S3">32</v></o>
<o k="Indicators of future sales|Rest of Canada"><v s="BOS_2026Q2_C3_S2">9</v><v s="BOS_2026Q2_C3_S3">23</v></o>
<o k="Investment spending|Prairies"><v s="BOS_2026Q2_C3_S1">45</v><v s="BOS_2026Q2_C3_S3">5</v></o>
<o k="Investment spending|Rest of Canada"><v s="BOS_2026Q2_C3_S2">26</v><v s="BOS_2026Q2_C3_S3">35</v></o>
<o k="Number of employees|Prairies"><v s="BOS_2026Q2_C3_S1">48</v><v s="BOS_2026Q2_C3_S3">26</v></o>
<o k="Number of employees|Rest of Canada"><v s="BOS_2026Q2_C3_S2">21</v><v s="BOS_2026Q2_C3_S3">40</v></o>
</observations>
</data>