<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 2: Potential output growth decreases over the scenario horizon</label>
    <description><![CDATA[Annual contributions to potential output growth

Sources: Statistics Canada and Bank of Canada estimates and projections]]></description>
    <link>https://www.bankofcanada.ca/?p=246050</link>
</groupDetail>
<seriesDetail>
<series id="SAN_ABRA20250512_C2_S1">
<label>Trend labour input</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_ABRA20250512_C2_S2">
<label>Trend labour productivity</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_ABRA20250512_C2_S3">
<label>Trend labour productivity: Scenario 2</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_ABRA20250512_C2_S4">
<label>Trend labour productivity: growth reduction in Scenario 2 relative to Scenario 1</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_ABRA20250512_C2_S5">
<label>Potential output: Scenario 1</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_ABRA20250512_C2_S6">
<label>Potential output: Scenario 2</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_ABRA20250512_C2_S7">
<label>Potential output: April 2024</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2017-01-01"><v s="SAN_ABRA20250512_C2_S5">1.90</v><v s="SAN_ABRA20250512_C2_S2">0.90</v><v s="SAN_ABRA20250512_C2_S1">0.90</v><v s="SAN_ABRA20250512_C2_S7">1.90</v><v s="SAN_ABRA20250512_C2_S6">1.90</v></o>
<o d="2018-01-01"><v s="SAN_ABRA20250512_C2_S6">1.90</v><v s="SAN_ABRA20250512_C2_S5">1.90</v><v s="SAN_ABRA20250512_C2_S2">0.80</v><v s="SAN_ABRA20250512_C2_S7">1.90</v><v s="SAN_ABRA20250512_C2_S1">1.10</v></o>
<o d="2019-01-01"><v s="SAN_ABRA20250512_C2_S6">1.90</v><v s="SAN_ABRA20250512_C2_S7">2.00</v><v s="SAN_ABRA20250512_C2_S2">0.90</v><v s="SAN_ABRA20250512_C2_S5">1.90</v><v s="SAN_ABRA20250512_C2_S1">1.00</v></o>
<o d="2020-01-01"><v s="SAN_ABRA20250512_C2_S5">-0.90</v><v s="SAN_ABRA20250512_C2_S6">-0.90</v><v s="SAN_ABRA20250512_C2_S7">-1.00</v><v s="SAN_ABRA20250512_C2_S1">-0.80</v><v s="SAN_ABRA20250512_C2_S2">-0.10</v></o>
<o d="2021-01-01"><v s="SAN_ABRA20250512_C2_S7">2.60</v><v s="SAN_ABRA20250512_C2_S1">2.50</v><v s="SAN_ABRA20250512_C2_S5">2.90</v><v s="SAN_ABRA20250512_C2_S6">2.90</v><v s="SAN_ABRA20250512_C2_S2">0.40</v></o>
<o d="2022-01-01"><v s="SAN_ABRA20250512_C2_S2">0.50</v><v s="SAN_ABRA20250512_C2_S7">1.70</v><v s="SAN_ABRA20250512_C2_S5">1.80</v><v s="SAN_ABRA20250512_C2_S6">1.80</v><v s="SAN_ABRA20250512_C2_S1">1.30</v></o>
<o d="2023-01-01"><v s="SAN_ABRA20250512_C2_S7">2.30</v><v s="SAN_ABRA20250512_C2_S6">2.50</v><v s="SAN_ABRA20250512_C2_S5">2.50</v><v s="SAN_ABRA20250512_C2_S2">-0.40</v><v s="SAN_ABRA20250512_C2_S1">2.90</v></o>
<o d="2024-01-01"><v s="SAN_ABRA20250512_C2_S5">2.90</v><v s="SAN_ABRA20250512_C2_S1">3.30</v><v s="SAN_ABRA20250512_C2_S6">2.90</v><v s="SAN_ABRA20250512_C2_S7">2.50</v><v s="SAN_ABRA20250512_C2_S2">-0.50</v></o>
<o d="2025-01-01"><v s="SAN_ABRA20250512_C2_S5">1.80</v><v s="SAN_ABRA20250512_C2_S1">0.70</v><v s="SAN_ABRA20250512_C2_S7">1.70</v><v s="SAN_ABRA20250512_C2_S4">0.60</v><v s="SAN_ABRA20250512_C2_S6">1.20</v><v s="SAN_ABRA20250512_C2_S3">0.50</v></o>
<o d="2026-01-01"><v s="SAN_ABRA20250512_C2_S5">1.30</v><v s="SAN_ABRA20250512_C2_S1">0.20</v><v s="SAN_ABRA20250512_C2_S4">1.00</v><v s="SAN_ABRA20250512_C2_S7">1.50</v><v s="SAN_ABRA20250512_C2_S6">0.40</v><v s="SAN_ABRA20250512_C2_S3">0.20</v></o>
<o d="2027-01-01"><v s="SAN_ABRA20250512_C2_S7">1.70</v><v s="SAN_ABRA20250512_C2_S6">1.00</v><v s="SAN_ABRA20250512_C2_S1">0.20</v><v s="SAN_ABRA20250512_C2_S5">1.40</v><v s="SAN_ABRA20250512_C2_S4">0.40</v><v s="SAN_ABRA20250512_C2_S3">0.80</v></o>
<o d="2028-01-01"><v s="SAN_ABRA20250512_C2_S6">1.60</v><v s="SAN_ABRA20250512_C2_S5">1.70</v><v s="SAN_ABRA20250512_C2_S1">0.60</v><v s="SAN_ABRA20250512_C2_S4">0.10</v><v s="SAN_ABRA20250512_C2_S3">1.00</v></o>
</observations>
</data>