<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Financial System Survey Highlights</label>
    <description><![CDATA[Financial System Survey Highlights]]></description>
    <link>https://www.bankofcanada.ca/?p=216974</link>
</groupDetail>
<seriesDetail>
<series id="WM_FSS_2020FALL_C10_S1">
<label>Major difficulties</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C10_S2">
<label>Minor difficulties</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C11_S1">
<label>High impact</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C11_S2">
<label>Moderate impact</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C1_S1">
<label>Not at all confident (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C1_S2">
<label>Not very confident (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C1_S3">
<label>Fairly confident (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C1_S4">
<label>Very confident (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C1_S5">
<label>Completely confident (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C1_S6">
<label>Confidence index (right scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C2_S1">
<label>1st Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C2_S2">
<label>2nd Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C2_S3">
<label>3rd Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C3_S1">
<label>Decreased materially (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C3_S2">
<label>Decreased slightly (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C3_S3">
<label>Remained unchanged (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C3_S4">
<label>Increased slightly (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C3_S5">
<label>Increased materially (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C3_S6">
<label>Risk index (right scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C4_S1">
<label>Decreased materially (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C4_S2">
<label>Decreased slightly (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C4_S3">
<label>Remained unchanged (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C4_S4">
<label>Increased slightly (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C4_S5">
<label>Increased materially (left scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C4_S6">
<label>Risk index (right scale)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C5_S1">
<label>Autumn 2020</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C5_S2">
<label>Autumn 2019</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C5_S3">
<label>Spring 2019</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C6_S1">
<label>Autumn 2020</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C6_S2">
<label>Autumn 2019</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C6_S3">
<label>Spring 2019</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C7_S1">
<label>1st Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C7_S2">
<label>2nd Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C7_S3">
<label>3rd Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C8_S1">
<label>% of respondents</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C9_S1">
<label>1st Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C9_S2">
<label>2nd Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="WM_FSS_2020FALL_C9_S3">
<label>3rd Choice</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Canadian corporate bonds"><v s="WM_FSS_2020FALL_C10_S1">41</v><v s="WM_FSS_2020FALL_C10_S2">35</v></o>
<o k="Commercial paper"><v s="WM_FSS_2020FALL_C11_S1">35</v><v s="WM_FSS_2020FALL_C11_S2">20</v></o>
<o k="Spring 2018"><v s="WM_FSS_2020FALL_C1_S1">0.0</v><v s="WM_FSS_2020FALL_C1_S2">9.2</v><v s="WM_FSS_2020FALL_C1_S3">38.5</v><v s="WM_FSS_2020FALL_C1_S4">47.7</v><v s="WM_FSS_2020FALL_C1_S5">4.6</v><v s="WM_FSS_2020FALL_C1_S6">0.477</v><v s="WM_FSS_2020FALL_C3_S1">0.0</v><v s="WM_FSS_2020FALL_C3_S2">4.7</v><v s="WM_FSS_2020FALL_C3_S3">54.7</v><v s="WM_FSS_2020FALL_C3_S4">39.1</v><v s="WM_FSS_2020FALL_C3_S5">1.6</v><v s="WM_FSS_2020FALL_C3_S6">0.376</v><v s="WM_FSS_2020FALL_C4_S1">0.0</v><v s="WM_FSS_2020FALL_C4_S2">4.7</v><v s="WM_FSS_2020FALL_C4_S3">40.6</v><v s="WM_FSS_2020FALL_C4_S4">48.4</v><v s="WM_FSS_2020FALL_C4_S5">6.3</v><v s="WM_FSS_2020FALL_C4_S6">0.563</v></o>
<o k="Government of Canada emergency programs"><v s="WM_FSS_2020FALL_C2_S1">21</v><v s="WM_FSS_2020FALL_C2_S2">17</v><v s="WM_FSS_2020FALL_C2_S3">28</v></o>
<o k="Cyber incident"><v s="WM_FSS_2020FALL_C5_S1">28</v><v s="WM_FSS_2020FALL_C5_S2">35</v><v s="WM_FSS_2020FALL_C5_S3">63</v><v s="WM_FSS_2020FALL_C6_S1">38</v><v s="WM_FSS_2020FALL_C6_S2">38</v><v s="WM_FSS_2020FALL_C6_S3">43</v></o>
<o k="Prolonged period of high unemployment"><v s="WM_FSS_2020FALL_C7_S1">30</v><v s="WM_FSS_2020FALL_C7_S2">34</v><v s="WM_FSS_2020FALL_C7_S3">15</v></o>
<o k="Not at all concerned"><v s="WM_FSS_2020FALL_C8_S1">4</v></o>
<o k="Retail trade"><v s="WM_FSS_2020FALL_C9_S1">19</v><v s="WM_FSS_2020FALL_C9_S2">43</v><v s="WM_FSS_2020FALL_C9_S3">19</v></o>
<o k="Securitized products"><v s="WM_FSS_2020FALL_C10_S1">38</v><v s="WM_FSS_2020FALL_C10_S2">28</v></o>
<o k="Other short-term unsecured funding"><v s="WM_FSS_2020FALL_C11_S1">17</v><v s="WM_FSS_2020FALL_C11_S2">42</v></o>
<o k="Autumn 2018"><v s="WM_FSS_2020FALL_C1_S1">0.0</v><v s="WM_FSS_2020FALL_C1_S2">4.9</v><v s="WM_FSS_2020FALL_C1_S3">41.5</v><v s="WM_FSS_2020FALL_C1_S4">48.8</v><v s="WM_FSS_2020FALL_C1_S5">4.9</v><v s="WM_FSS_2020FALL_C1_S6">0.537</v><v s="WM_FSS_2020FALL_C3_S1">0.0</v><v s="WM_FSS_2020FALL_C3_S2">9.8</v><v s="WM_FSS_2020FALL_C3_S3">61.0</v><v s="WM_FSS_2020FALL_C3_S4">29.3</v><v s="WM_FSS_2020FALL_C3_S5">0.0</v><v s="WM_FSS_2020FALL_C3_S6">0.195</v><v s="WM_FSS_2020FALL_C4_S1">0.0</v><v s="WM_FSS_2020FALL_C4_S2">4.9</v><v s="WM_FSS_2020FALL_C4_S3">51.2</v><v s="WM_FSS_2020FALL_C4_S4">43.9</v><v s="WM_FSS_2020FALL_C4_S5">0.0</v><v s="WM_FSS_2020FALL_C4_S6">0.390</v></o>
<o k="Bank of Canada expanded liquidity provisions"><v s="WM_FSS_2020FALL_C2_S1">13</v><v s="WM_FSS_2020FALL_C2_S2">26</v><v s="WM_FSS_2020FALL_C2_S3">34</v></o>
<o k="Rising defaults in the household/corporate sector"><v s="WM_FSS_2020FALL_C5_S1">28</v><v s="WM_FSS_2020FALL_C5_S2">22</v><v s="WM_FSS_2020FALL_C5_S3">27</v><v s="WM_FSS_2020FALL_C6_S1">26</v><v s="WM_FSS_2020FALL_C6_S2">13</v><v s="WM_FSS_2020FALL_C6_S3">9</v></o>
<o k="Slow recovery in consumer/business spending"><v s="WM_FSS_2020FALL_C7_S1">23</v><v s="WM_FSS_2020FALL_C7_S2">28</v><v s="WM_FSS_2020FALL_C7_S3">2</v></o>
<o k="Slightly concerned"><v s="WM_FSS_2020FALL_C8_S1">32</v></o>
<o k="Accommodation and food services"><v s="WM_FSS_2020FALL_C9_S1">11</v><v s="WM_FSS_2020FALL_C9_S2">30</v><v s="WM_FSS_2020FALL_C9_S3">53</v></o>
<o k="Provincial bonds"><v s="WM_FSS_2020FALL_C10_S1">25</v><v s="WM_FSS_2020FALL_C10_S2">43</v></o>
<o k="Bankers’ acceptances"><v s="WM_FSS_2020FALL_C11_S1">16</v><v s="WM_FSS_2020FALL_C11_S2">37</v></o>
<o k="Spring 2019"><v s="WM_FSS_2020FALL_C1_S1">0.0</v><v s="WM_FSS_2020FALL_C1_S2">5.4</v><v s="WM_FSS_2020FALL_C1_S3">40.5</v><v s="WM_FSS_2020FALL_C1_S4">43.2</v><v s="WM_FSS_2020FALL_C1_S5">10.8</v><v s="WM_FSS_2020FALL_C1_S6">0.594</v><v s="WM_FSS_2020FALL_C3_S1">0.0</v><v s="WM_FSS_2020FALL_C3_S2">5.4</v><v s="WM_FSS_2020FALL_C3_S3">56.8</v><v s="WM_FSS_2020FALL_C3_S4">37.8</v><v s="WM_FSS_2020FALL_C3_S5">0.0</v><v s="WM_FSS_2020FALL_C3_S6">0.324</v><v s="WM_FSS_2020FALL_C4_S1">0.0</v><v s="WM_FSS_2020FALL_C4_S2">0.0</v><v s="WM_FSS_2020FALL_C4_S3">62.2</v><v s="WM_FSS_2020FALL_C4_S4">37.8</v><v s="WM_FSS_2020FALL_C4_S5">0.0</v><v s="WM_FSS_2020FALL_C4_S6">0.378</v></o>
<o k="Other Bank of Canada purchases*"><v s="WM_FSS_2020FALL_C2_S1">21</v><v s="WM_FSS_2020FALL_C2_S2">17</v><v s="WM_FSS_2020FALL_C2_S3">9</v></o>
<o k="COVID-19"><v s="WM_FSS_2020FALL_C5_S1">26</v><v s="WM_FSS_2020FALL_C5_S2">0</v><v s="WM_FSS_2020FALL_C5_S3">0</v><v s="WM_FSS_2020FALL_C6_S1">15</v><v s="WM_FSS_2020FALL_C6_S2">0</v><v s="WM_FSS_2020FALL_C6_S3">0</v></o>
<o k="Risks surrounding the low interest rate environment"><v s="WM_FSS_2020FALL_C6_S1">21</v><v s="WM_FSS_2020FALL_C6_S2">20</v><v s="WM_FSS_2020FALL_C6_S3">9</v><v s="WM_FSS_2020FALL_C5_S1">13</v><v s="WM_FSS_2020FALL_C5_S2">9</v><v s="WM_FSS_2020FALL_C5_S3">5</v></o>
<o k="Resurgence of COVID‑19, leading to a re-closing of the Canadian economy"><v s="WM_FSS_2020FALL_C7_S1">11</v><v s="WM_FSS_2020FALL_C7_S2">17</v><v s="WM_FSS_2020FALL_C7_S3">53</v></o>
<o k="Somewhat concerned"><v s="WM_FSS_2020FALL_C8_S1">28</v></o>
<o k="Real estate and rental and leasing"><v s="WM_FSS_2020FALL_C9_S1">28</v><v s="WM_FSS_2020FALL_C9_S2">23</v><v s="WM_FSS_2020FALL_C9_S3">13</v></o>
<o k="Canadian money markets"><v s="WM_FSS_2020FALL_C10_S1">16</v><v s="WM_FSS_2020FALL_C10_S2">42</v></o>
<o k="Bonds"><v s="WM_FSS_2020FALL_C11_S1">20</v><v s="WM_FSS_2020FALL_C11_S2">13</v></o>
<o k="Autumn 2019"><v s="WM_FSS_2020FALL_C1_S1">0.0</v><v s="WM_FSS_2020FALL_C1_S2">0.0</v><v s="WM_FSS_2020FALL_C1_S3">48.9</v><v s="WM_FSS_2020FALL_C1_S4">48.9</v><v s="WM_FSS_2020FALL_C1_S5">2.1</v><v s="WM_FSS_2020FALL_C1_S6">0.531</v><v s="WM_FSS_2020FALL_C3_S1">0.0</v><v s="WM_FSS_2020FALL_C3_S2">8.5</v><v s="WM_FSS_2020FALL_C3_S3">42.6</v><v s="WM_FSS_2020FALL_C3_S4">44.7</v><v s="WM_FSS_2020FALL_C3_S5">4.3</v><v s="WM_FSS_2020FALL_C3_S6">0.448</v><v s="WM_FSS_2020FALL_C4_S1">0.0</v><v s="WM_FSS_2020FALL_C4_S2">0.0</v><v s="WM_FSS_2020FALL_C4_S3">38.3</v><v s="WM_FSS_2020FALL_C4_S4">44.7</v><v s="WM_FSS_2020FALL_C4_S5">17.0</v><v s="WM_FSS_2020FALL_C4_S6">0.787</v></o>
<o k="OSFI regulatory measures†"><v s="WM_FSS_2020FALL_C2_S1">21</v><v s="WM_FSS_2020FALL_C2_S2">11</v><v s="WM_FSS_2020FALL_C2_S3">6</v></o>
<o k="Deterioration in the global economic outlook"><v s="WM_FSS_2020FALL_C5_S1">26</v><v s="WM_FSS_2020FALL_C5_S2">35</v><v s="WM_FSS_2020FALL_C5_S3">46</v><v s="WM_FSS_2020FALL_C6_S1">15</v><v s="WM_FSS_2020FALL_C6_S2">33</v><v s="WM_FSS_2020FALL_C6_S3">34</v></o>
<o k="Disruptions in information technology infrastructures"><v s="WM_FSS_2020FALL_C6_S1">21</v><v s="WM_FSS_2020FALL_C6_S2">0</v><v s="WM_FSS_2020FALL_C6_S3">9</v></o>
<o k="Structural changes to the economy rendering business models obsolete"><v s="WM_FSS_2020FALL_C7_S1">15</v><v s="WM_FSS_2020FALL_C7_S2">13</v><v s="WM_FSS_2020FALL_C7_S3">11</v></o>
<o k="Moderately concerned"><v s="WM_FSS_2020FALL_C8_S1">23</v></o>
<o k="Mining, quarrying, and oil and gas extraction"><v s="WM_FSS_2020FALL_C9_S1">13</v><v s="WM_FSS_2020FALL_C9_S2">2</v><v s="WM_FSS_2020FALL_C9_S3">6</v></o>
<o k="Interest rate derivatives markets"><v s="WM_FSS_2020FALL_C10_S1">16</v><v s="WM_FSS_2020FALL_C10_S2">32</v></o>
<o k="Short-term secured funding"><v s="WM_FSS_2020FALL_C11_S1">9</v><v s="WM_FSS_2020FALL_C11_S2">31</v></o>
<o k="Autumn 2020"><v s="WM_FSS_2020FALL_C1_S1">0.0</v><v s="WM_FSS_2020FALL_C1_S2">2.1</v><v s="WM_FSS_2020FALL_C1_S3">51.1</v><v s="WM_FSS_2020FALL_C1_S4">40.4</v><v s="WM_FSS_2020FALL_C1_S5">6.4</v><v s="WM_FSS_2020FALL_C1_S6">0.511</v><v s="WM_FSS_2020FALL_C3_S1">4.4</v><v s="WM_FSS_2020FALL_C3_S2">6.7</v><v s="WM_FSS_2020FALL_C3_S3">6.7</v><v s="WM_FSS_2020FALL_C3_S4">37.8</v><v s="WM_FSS_2020FALL_C3_S5">44.4</v><v s="WM_FSS_2020FALL_C3_S6">1.111</v><v s="WM_FSS_2020FALL_C4_S1">2.2</v><v s="WM_FSS_2020FALL_C4_S2">2.2</v><v s="WM_FSS_2020FALL_C4_S3">21.7</v><v s="WM_FSS_2020FALL_C4_S4">37.0</v><v s="WM_FSS_2020FALL_C4_S5">37.0</v><v s="WM_FSS_2020FALL_C4_S6">1.044</v></o>
<o k="Bank of Canada purchases of government bonds"><v s="WM_FSS_2020FALL_C2_S1">9</v><v s="WM_FSS_2020FALL_C2_S2">15</v><v s="WM_FSS_2020FALL_C2_S3">15</v></o>
<o k="Drops in residential/commercial property prices"><v s="WM_FSS_2020FALL_C5_S1">23</v><v s="WM_FSS_2020FALL_C5_S2">18</v><v s="WM_FSS_2020FALL_C5_S3">38</v><v s="WM_FSS_2020FALL_C6_S1">19</v><v s="WM_FSS_2020FALL_C6_S2">8</v><v s="WM_FSS_2020FALL_C6_S3">6</v></o>
<o k="Funding difficulties"><v s="WM_FSS_2020FALL_C6_S1">21</v><v s="WM_FSS_2020FALL_C6_S2">13</v><v s="WM_FSS_2020FALL_C6_S3">9</v></o>
<o k="Official sector support removed too quickly"><v s="WM_FSS_2020FALL_C7_S1">15</v><v s="WM_FSS_2020FALL_C7_S2">9</v><v s="WM_FSS_2020FALL_C7_S3">17</v></o>
<o k="Extremely concerned"><v s="WM_FSS_2020FALL_C8_S1">13</v></o>
<o k="Other"><v s="WM_FSS_2020FALL_C9_S1">11</v><v s="WM_FSS_2020FALL_C9_S2">2</v><v s="WM_FSS_2020FALL_C9_S3">4</v><v s="WM_FSS_2020FALL_C7_S1">6</v><v s="WM_FSS_2020FALL_C7_S2">0</v><v s="WM_FSS_2020FALL_C7_S3">2</v><v s="WM_FSS_2020FALL_C6_S1">17</v><v s="WM_FSS_2020FALL_C6_S2">13</v><v s="WM_FSS_2020FALL_C6_S3">9</v></o>
<o k="Securities lending"><v s="WM_FSS_2020FALL_C10_S1">10</v><v s="WM_FSS_2020FALL_C10_S2">34</v></o>
<o k="Bank of Canada purchases of bankers’ acceptances"><v s="WM_FSS_2020FALL_C2_S1">13</v><v s="WM_FSS_2020FALL_C2_S2">11</v><v s="WM_FSS_2020FALL_C2_S3">4</v></o>
<o k="Geopolitical risk"><v s="WM_FSS_2020FALL_C5_S1">19</v><v s="WM_FSS_2020FALL_C5_S2">35</v><v s="WM_FSS_2020FALL_C5_S3">11</v></o>
<o k="Manufacturing"><v s="WM_FSS_2020FALL_C9_S1">13</v><v s="WM_FSS_2020FALL_C9_S2">0</v><v s="WM_FSS_2020FALL_C9_S3">0</v></o>
<o k="Government of Canada bonds"><v s="WM_FSS_2020FALL_C10_S1">12</v><v s="WM_FSS_2020FALL_C10_S2">22</v></o>
<o k="Other measures"><v s="WM_FSS_2020FALL_C2_S1">0</v><v s="WM_FSS_2020FALL_C2_S2">2</v><v s="WM_FSS_2020FALL_C2_S3">2</v></o>
<o k="Fiscal or monetary policy mistake"><v s="WM_FSS_2020FALL_C5_S1">17</v><v s="WM_FSS_2020FALL_C5_S2">9</v><v s="WM_FSS_2020FALL_C5_S3">3</v></o>
<o k="Reduction in market liquidity"><v s="WM_FSS_2020FALL_C6_S1">19</v><v s="WM_FSS_2020FALL_C6_S2">23</v><v s="WM_FSS_2020FALL_C6_S3">31</v><v s="WM_FSS_2020FALL_C5_S1">15</v><v s="WM_FSS_2020FALL_C5_S2">13</v><v s="WM_FSS_2020FALL_C5_S3">5</v></o>
<o k="Transportation and warehousing"><v s="WM_FSS_2020FALL_C9_S1">4</v><v s="WM_FSS_2020FALL_C9_S2">0</v><v s="WM_FSS_2020FALL_C9_S3">2</v></o>
<o k="Foreign exchange markets"><v s="WM_FSS_2020FALL_C10_S1">6</v><v s="WM_FSS_2020FALL_C10_S2">31</v></o>
<o k="Finance and insurance"><v s="WM_FSS_2020FALL_C9_S1">2</v><v s="WM_FSS_2020FALL_C9_S2">0</v><v s="WM_FSS_2020FALL_C9_S3">2</v></o>
<o k="Drops in equity or bond prices"><v s="WM_FSS_2020FALL_C5_S1">11</v><v s="WM_FSS_2020FALL_C5_S2">7</v><v s="WM_FSS_2020FALL_C5_S3">5</v></o>
</observations>
</data>