The commodity price index for Canada is a weighted aggregate of commodity prices relevant to the national economy—covering energy, metals, and agricultural commodities in proportions matching Canada's trade exposure.
Why FX traders watch it
This composite index smooths individual commodity volatility and gives a cleaner read of the overall commodity terms-of-trade effect on Canada's economy, national income, and cad.
How to interpret the data
An above-trend commodity index reading boosts national income and is cad-positive for commodity exporters. A sustained decline signals weaker export revenues and deteriorating fiscal balances.
Historical Kommoditeitsprysindeks (CAD)
Source: Bank of Canada/StatCan
· Weekly
· USD Index