"TERMS AND CONDITIONS" "https://www.bankofcanada.ca/terms/" "NAME" "Impairing the bank lending channel would require a large and persistent negative shock to household and business income" "DESCRIPTION" "Level of real GDP, index: 2019Q4 = 100" "" "Note: For illustration, the chart displays only one possible reverse-stress-test scenario that pushes the leverage ratio of an average domestic sytemically important bank down to 3.5 percent." "" "Source: Bank of Canada calculations" "LINK" "https://www.bankofcanada.ca/?p=220859" "SERIES" "id","label","description" "FSR_2021_C16_S1","Projected level of real GDP in the April 2021 Monetary Policy Report","" "FSR_2021_C16_S2","Level of real GDP below which banks would likely face balance sheet pressures to reduce credit","" "OBSERVATIONS" "date","FSR_2021_C16_S1","FSR_2021_C16_S2" "2019-03-01","98.4","" "2019-06-01","99.5","" "2019-09-01","99.9","" "2019-12-01","100.0","" "2020-03-01","98.1","" "2020-06-01","86.9","" "2020-09-01","94.6","" "2020-12-01","96.8","" "2021-03-01","98.4","" "2021-06-01","99.4","99.4" "2021-09-01","100.9","92.8" "2021-12-01","102.0","92.8" "2022-03-01","102.8","95.7" "2022-06-01","103.3","98.1" "2022-09-01","104.3","99.9" "2022-12-01","105.2","101.4" "2023-03-01","106.1","102.6" "2023-06-01","107.0","103.6" "2023-09-01","107.7","104.3" "2023-12-01","108.2","105.0"