<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Global growth falls more sharply in Scenario 2 than in Scenario 1</label>
    <description><![CDATA[Global GDP growth, annualized percentage change, quarterly data

Note: The assumptions and scenarios were finalized on April 11, 2025.

Source: Bank of Canada calculations and estimates]]></description>
    <link>https://www.bankofcanada.ca/?p=245137</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2025M04_GLOBAL_GROWTH_S1">
<label>Scenario 1</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M04_GLOBAL_GROWTH_S2">
<label>Scenario 2</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M04_GLOBAL_GROWTH_S3">
<label>January Report</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2024-01-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.27</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.27</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.36</v></o>
<o d="2024-04-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.12</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.12</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">2.79</v></o>
<o d="2024-07-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.08</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.15</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.15</v></o>
<o d="2024-10-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.17</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">4.00</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">4.00</v></o>
<o d="2025-01-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.18</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">2.77</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">2.76</v></o>
<o d="2025-04-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.03</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">2.16</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">1.12</v></o>
<o d="2025-07-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">1.26</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.06</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">2.86</v></o>
<o d="2025-10-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">1.20</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">2.80</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.25</v></o>
<o d="2026-01-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.00</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">1.69</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.24</v></o>
<o d="2026-04-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S3">3.07</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.10</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.39</v></o>
<o d="2026-07-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.40</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.11</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">2.94</v></o>
<o d="2026-10-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.47</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.19</v><v s="MPR_2025M04_GLOBAL_GROWTH_S3">2.97</v></o>
<o d="2027-01-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.23</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.51</v></o>
<o d="2027-04-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.42</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.14</v></o>
<o d="2027-07-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.31</v><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.02</v></o>
<o d="2027-10-01"><v s="MPR_2025M04_GLOBAL_GROWTH_S1">3.03</v><v s="MPR_2025M04_GLOBAL_GROWTH_S2">3.33</v></o>
</observations>
</data>