<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Both consumers and businesses expect prices to increase due to uncertainty about trade tensions</label>
    <description><![CDATA[Share of respondents, Business Leaders’ Pulse (BLP) and Canadian Survey of Consumer Expectations (CSCE)

BLP respondents were asked what changes they expect in their prices due to uncertainty arising from the threat of US tariffs on Canadian goods and retaliatory tariffs on US goods. CSCE respondents were asked how they think their cost of living would be affected if trade relations between Canada and the United States were to change relative to prior to the US election.

Bank of Canada]]></description>
    <link>https://www.bankofcanada.ca/?p=244685</link>
</groupDetail>
<seriesDetail>
<series id="FAD_2025M03_IMPACT_S1">
<label>Decrease</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FAD_2025M03_IMPACT_S2">
<label>Remain unchanged</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FAD_2025M03_IMPACT_S3">
<label>Increase</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FAD_2025M03_IMPACT_S4">
<label>I don&#039;t know</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FAD_2025M03_IMPACT_S5">
<label>No response</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Prices charged to Canadian customers (businesses)"><v s="FAD_2025M03_IMPACT_S1">7</v><v s="FAD_2025M03_IMPACT_S2">32</v><v s="FAD_2025M03_IMPACT_S3">47</v><v s="FAD_2025M03_IMPACT_S4">6</v><v s="FAD_2025M03_IMPACT_S5">8</v></o>
<o k="Impact on cost of living (households)"><v s="FAD_2025M03_IMPACT_S1">11</v><v s="FAD_2025M03_IMPACT_S2">7</v><v s="FAD_2025M03_IMPACT_S3">72</v><v s="FAD_2025M03_IMPACT_S4">10</v><v s="FAD_2025M03_IMPACT_S5">0</v></o>
</observations>
</data>