<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 4: Top risks to organizations</label>
    <description><![CDATA[Note: The risk index is a weighted average of the ranking of each risk category. For the index, we assign different values to each response option: 1st choice: 3 points; 2nd choice: 2 points; 3rd choice: 1 point. The weights are the frequency of each response. After the spring 2022 survey, the Bank of Canada reduced the frequency of the survey from twice to once per year.

Source: Bank of Canada]]></description>
    <link>https://www.bankofcanada.ca/?p=245713</link>
</groupDetail>
<seriesDetail>
<series id="FSS_2025_C4_S1">
<label>2025</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FSS_2025_C4_S2">
<label>2024</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FSS_2025_C4_S3">
<label>2023</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="FSS_2025_C4_S4">
<label>Spring 2022</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="International economic and political risks"><v s="FSS_2025_C4_S1">1.43</v><v s="FSS_2025_C4_S2">0.84</v><v s="FSS_2025_C4_S3">0.88</v><v s="FSS_2025_C4_S4">0.92</v></o>
<o k="External risks (e.g., cyber attack, terrorism)"><v s="FSS_2025_C4_S1">0.87</v><v s="FSS_2025_C4_S2">1.27</v><v s="FSS_2025_C4_S3">0.79</v><v s="FSS_2025_C4_S4">1.13</v></o>
<o k="Domestic macroeconomic risks"><v s="FSS_2025_C4_S1">0.63</v><v s="FSS_2025_C4_S2">0.50</v><v s="FSS_2025_C4_S3">0.61</v><v s="FSS_2025_C4_S4">0.75</v></o>
<o k="Asset pricing risks"><v s="FSS_2025_C4_S1">0.57</v><v s="FSS_2025_C4_S2">0.42</v><v s="FSS_2025_C4_S3">0.53</v><v s="FSS_2025_C4_S4">0.56</v></o>
<o k="Market liquidity risks"><v s="FSS_2025_C4_S1">0.40</v><v s="FSS_2025_C4_S2">0.69</v><v s="FSS_2025_C4_S3">0.56</v><v s="FSS_2025_C4_S4">0.44</v></o>
<o k="Strategic risks"><v s="FSS_2025_C4_S1">0.38</v><v s="FSS_2025_C4_S2">0.33</v><v s="FSS_2025_C4_S3">0.26</v><v s="FSS_2025_C4_S4">0.27</v></o>
<o k="Real estate sector risks"><v s="FSS_2025_C4_S1">0.33</v><v s="FSS_2025_C4_S2">0.57</v><v s="FSS_2025_C4_S3">0.33</v><v s="FSS_2025_C4_S4">0.27</v></o>
<o k="Operational risks (excluding cyber attacks)"><v s="FSS_2025_C4_S1">0.28</v><v s="FSS_2025_C4_S2">0.35</v><v s="FSS_2025_C4_S3">0.49</v><v s="FSS_2025_C4_S4">0.31</v></o>
<o k="Funding risks"><v s="FSS_2025_C4_S1">0.28</v><v s="FSS_2025_C4_S2">0.31</v><v s="FSS_2025_C4_S3">0.40</v><v s="FSS_2025_C4_S4">0.15</v></o>
<o k="Regulatory risks"><v s="FSS_2025_C4_S1">0.22</v><v s="FSS_2025_C4_S2">0.30</v><v s="FSS_2025_C4_S3">0.30</v><v s="FSS_2025_C4_S4">0.37</v></o>
</observations>
</data>