<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Businesses affected by trade tensions have weak investment intentions</label>
    <description><![CDATA[Investment intentions by exposure to trade tensions, Business Outlook Survey, balance of opinion*

*Percentage of businesses expecting higher investment spending minus the percentage expecting lower investment spending
Note: Bank of Canada staff reviewed interview responses to assess businesses’ exposure to trade tensions and to determine whether they were strongly impacted by changing US policies.

Source: Bank of Canada]]></description>
    <link>https://www.bankofcanada.ca/?p=245137</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2025M04_INV_S1">
<label>Balance of opinion</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Not impacted by trade tensions"><v s="MPR_2025M04_INV_S1">19.30</v></o>
<o k="Impacted by trade tensions"><v s="MPR_2025M04_INV_S1">-17.78</v></o>
</observations>
</data>