<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Market-based measures of default risks are back near pre-pandemic levels</label>
    <description><![CDATA[Market-based measures of median distance to default for larger publicly listed firms, by industry

Last observation: March 22, 2021

Note: Values close to zero indicate a high probability of default.

Sources: Refinitiv and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=220700</link>
</groupDetail>
<seriesDetail>
<series id="SAN_MIKA20210412_C13_S1">
<label>January 1, 2020</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MIKA20210412_C13_S2">
<label>March 23, 2020 (stock market dip)</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="SAN_MIKA20210412_C13_S3">
<label>March 22, 2021</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Agriculture"><v s="SAN_MIKA20210412_C13_S3">4.850553</v><v s="SAN_MIKA20210412_C13_S1">5.273865</v><v s="SAN_MIKA20210412_C13_S2">1.6657950</v></o>
<o k="Construction"><v s="SAN_MIKA20210412_C13_S1">5.742621</v><v s="SAN_MIKA20210412_C13_S2">0.6593479</v><v s="SAN_MIKA20210412_C13_S3">5.887957</v></o>
<o k="Manufacturing"><v s="SAN_MIKA20210412_C13_S3">3.920428</v><v s="SAN_MIKA20210412_C13_S2">0.8470817</v><v s="SAN_MIKA20210412_C13_S1">5.768087</v></o>
<o k="Mining"><v s="SAN_MIKA20210412_C13_S3">4.648655</v><v s="SAN_MIKA20210412_C13_S1">5.442738</v><v s="SAN_MIKA20210412_C13_S2">1.5653800</v></o>
<o k="Oil"><v s="SAN_MIKA20210412_C13_S3">2.006045</v><v s="SAN_MIKA20210412_C13_S1">2.917480</v><v s="SAN_MIKA20210412_C13_S2">-0.5005053</v></o>
<o k="Real estate"><v s="SAN_MIKA20210412_C13_S3">8.120356</v><v s="SAN_MIKA20210412_C13_S2">0.8767568</v><v s="SAN_MIKA20210412_C13_S1">9.298671</v></o>
<o k="Retail trade"><v s="SAN_MIKA20210412_C13_S2">1.0114690</v><v s="SAN_MIKA20210412_C13_S1">10.480180</v><v s="SAN_MIKA20210412_C13_S3">6.613307</v></o>
<o k="Services"><v s="SAN_MIKA20210412_C13_S2">1.5701410</v><v s="SAN_MIKA20210412_C13_S1">8.297460</v><v s="SAN_MIKA20210412_C13_S3">5.951425</v></o>
<o k="Transportation"><v s="SAN_MIKA20210412_C13_S2">1.1845240</v><v s="SAN_MIKA20210412_C13_S1">11.205210</v><v s="SAN_MIKA20210412_C13_S3">6.274984</v></o>
<o k="Wholesale trade"><v s="SAN_MIKA20210412_C13_S2">0.7698032</v><v s="SAN_MIKA20210412_C13_S1">7.423679</v><v s="SAN_MIKA20210412_C13_S3">5.198202</v></o>
</observations>
</data>