<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 1: Evolution of the range of the Canadian neutral rate since 2019</label>
    <description><![CDATA[Range of Canadian neutral rate estimates, annual data

Note: The blue band shows the 100-basis-point range for the estimates of the neutral rate in Canada.

Source: Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=246039</link>
</groupDetail>
<seriesDetail>
<series id="SAN_DONG20250509_C1_S1">
<label>Canadian neutral rate range</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_DONG20250509_C1_S2">
<label>Canadian neutral rate high</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2019-01-01"><v s="SAN_DONG20250509_C1_S1">2.25</v><v s="SAN_DONG20250509_C1_S2">3.25</v></o>
<o d="2020-01-01"><v s="SAN_DONG20250509_C1_S1">1.75</v><v s="SAN_DONG20250509_C1_S2">2.75</v></o>
<o d="2021-01-01"><v s="SAN_DONG20250509_C1_S1">1.75</v><v s="SAN_DONG20250509_C1_S2">2.75</v></o>
<o d="2022-01-01"><v s="SAN_DONG20250509_C1_S1">2.00</v><v s="SAN_DONG20250509_C1_S2">3.00</v></o>
<o d="2023-01-01"><v s="SAN_DONG20250509_C1_S1">2.00</v><v s="SAN_DONG20250509_C1_S2">3.00</v></o>
<o d="2024-01-01"><v s="SAN_DONG20250509_C1_S1">2.25</v><v s="SAN_DONG20250509_C1_S2">3.25</v></o>
<o d="2025-01-01"><v s="SAN_DONG20250509_C1_S1">2.25</v><v s="SAN_DONG20250509_C1_S2">3.25</v></o>
</observations>
</data>