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Canadian Dollar (CAD)

Canada — Bank of Canada

Canadian dollar — North American oil-linked currency, closely tied to crude prices and the US economy.

FX Session:
New York
USD/CAD
1.41871
USD/CAD Exchange Rate
CAD country and API coverage
Tracked indicators 45

Catalogue entries available for this market.

Published latest rows 8

Indicators with recent values loaded for this page.

Source groups 4

Publisher groups represented in coverage metadata.

Primary FX pair USD/CAD

Displayed with the chart and linked market workflows.

CAD currency market profile

Core identifiers, trading context, and product links for Canada coverage.

Currency code CAD

Canadian Dollar

Policy institution Bank of Canada

Primary central-bank or monetary authority reference.

Primary USD pair USD/CAD

Fast path into the FX pair dashboard and market profile.

Trading session New York

Approximate primary liquidity window used across FXMacroData pages.

Symbol C$

Display symbol used in product surfaces.

Also known as loonie, canadian

Common market shorthand where available.

Canada macro brief

The highest-signal pages for Canada include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Gross Domestic Product (GDP) Growth, with each page linking back to the source metadata, release history, and API endpoint.

The Canadian dollar (CAD), nicknamed the 'loonie', is the official currency of Canada and one of the most-traded currencies in the world. It is heavily influenced by oil prices, US economic conditions, and the Bank of Canada's policy stance relative to the Federal Reserve.

The Bank of Canada (BoC) sets the overnight rate target at eight scheduled decisions per year. It targets the midpoint of a 1–3% CPI inflation control range and publishes a quarterly Monetary Policy Report with detailed projections and a press conference following each MPR meeting.

What to watch
  • BoC interest-rate decision and Monetary Policy Report.
  • Canada monthly CPI and labour force survey.
  • WTI crude oil and Western Canadian Select differential.
  • BoC Business Outlook Survey (quarterly).
  • Cross-border trade and US ISM data.
Economic Indicators
Indicator Latest Previous Change Date Data starts
Policy Rate 2.75 2.75 0.00 2025-07-01 2000-01-01
Inflation 1.9 1.7 +0.20 2025-06-30 2000-01-31
Core Inflation 3.1 3.0 +0.10 2025-07-01 1995-01-01
Gdp 2325.571 2340.657 -15.09 2025-06-30 2000-01-31
Unemployment 6.5 7.2 -0.70 2025-06-30 2000-01-31
Trade Balance 565.8 -873.3 +1439.10 2025-09-30 2019-10-31
Retail Sales 70579.0 70135.0 +444.00 2025-06-30 2000-01-31
Ppi 6.26 6.33 -0.07 2025-07-02 2000-01-05
CAD API docs and available data

This replaces the separate currency API hub. Search the full CAD catalogue, then open detailed endpoint docs for any published indicator.

Economy 13 endpoints

Building Permits

Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.

Monthly CAD mn Statistics Canada
Data starts 2017-01-31 Latest available 2026-04-30
/api/v1/announcements/cad/building_permits
Endpoint docs Indicator overview

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Quarterly Index (0-100 normalized) National Statistics Office
Data starts 2003-09-30 Latest available 2026-03-31
/api/v1/announcements/cad/business_confidence
Endpoint docs Indicator overview

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Quarterly Index (0-100 normalized) National Statistics Office
Data starts 2014-12-31 Latest available 2026-03-31
/api/v1/announcements/cad/consumer_confidence
Endpoint docs Indicator overview

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY Statistics Canada
Data starts 1995-01-01 Latest available 2026-05-01
/api/v1/announcements/cad/core_inflation
Endpoint docs Indicator overview

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly CAD mn Statistics Canada
Data starts 2010-03-31 Latest available 2026-03-31
/api/v1/announcements/cad/current_account_balance
Endpoint docs Indicator overview

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Monthly CAD bn Statistics Canada
Data starts 2000-01-31 Latest available 2026-03-31
/api/v1/announcements/cad/gdp
Endpoint docs Indicator overview

Housing Starts

Number of new residential construction projects that have begun in a given period, a key indicator of economic activity and construction sector health.

Monthly Units (SAAR) Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/housing_starts
Endpoint docs Indicator overview

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/inflation
Endpoint docs Indicator overview

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Monthly %MoM Statistics Canada
Data starts 2025-05-31
/api/v1/announcements/cad/inflation_mom
Endpoint docs Indicator overview

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Statistics Canada
Data starts 2000-01-05 Latest available 2026-06-24
/api/v1/announcements/cad/ppi
Endpoint docs Indicator overview

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly CAD mn Statistics Canada
Data starts 2000-01-31 Latest available 2026-04-30
/api/v1/announcements/cad/retail_sales
Endpoint docs Indicator overview

Trade Balance

The difference between the value of a country's exports and imports.

Monthly CAD mn Statistics Canada
Data starts 2019-10-31 Latest available 2026-04-30
/api/v1/announcements/cad/trade_balance
Endpoint docs Indicator overview

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) Bank of Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/trade_weighted_index
Endpoint docs Indicator overview
Labor Market 6 endpoints

Employment Level

Total number of employed persons.

Monthly Persons Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/employment
Endpoint docs Indicator overview

Full-Time Employment

Number of persons employed full-time.

Monthly Persons Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/full_time_employment
Endpoint docs Indicator overview

Part-Time Employment

Number of persons employed part-time.

Monthly Persons Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/part_time_employment
Endpoint docs Indicator overview

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Monthly % Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/participation_rate
Endpoint docs Indicator overview

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % Statistics Canada
Data starts 2000-01-31 Latest available 2026-05-31
/api/v1/announcements/cad/unemployment
Endpoint docs Indicator overview

Average Weekly Earnings / Wages

Measures nominal wage growth.

Monthly %YoY Statistics Canada
Data starts Pending
/api/v1/announcements/cad/wages
Endpoint docs Indicator overview
Money & Credit 3 endpoints

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly CAD mn Bank of Canada
Data starts 1975-03-01 Latest available 2026-04-01
/api/v1/announcements/cad/m1
Endpoint docs Indicator overview

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly CAD mn Bank of Canada
Data starts 1968-01-01 Latest available 2026-04-01
/api/v1/announcements/cad/m2
Endpoint docs Indicator overview

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly CAD mn Bank of Canada
Data starts 1970-01-01 Latest available 2026-04-01
/api/v1/announcements/cad/m3
Endpoint docs Indicator overview
Monetary Policy 4 endpoints

Central Bank Total Assets

Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.

Weekly CAD mn Bank of Canada
Data starts Pending
/api/v1/announcements/cad/cb_assets
Endpoint docs Indicator overview

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Monthly USD bn Bank of Canada
Data starts Pending
/api/v1/announcements/cad/foreign_reserves
Endpoint docs Indicator overview

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~8x/year % Bank of Canada
Data starts 2000-01-01 Latest available 2026-06-10
/api/v1/announcements/cad/policy_rate
Endpoint docs Indicator overview

Risk Free Rate

Overnight lending rate between banks.

Daily % Bank of Canada
Data starts 2017-10-03 Latest available 2026-06-25
/api/v1/announcements/cad/risk_free_rate
Endpoint docs Indicator overview
Government Bond Yields 7 endpoints

10-Year Government Bond Yield

Reference information for 10-Year Government Bond Yield.

Daily % Bank of Canada
Data starts 2025-12-01 Latest available 2026-06-25
/api/v1/announcements/cad/gov_bond_10y
Endpoint docs Indicator overview

2-Year Government Bond Yield

Reference information for 2-Year Government Bond Yield.

Daily % Bank of Canada
Data starts 2001-01-02 Latest available 2026-06-25
/api/v1/announcements/cad/gov_bond_2y
Endpoint docs Indicator overview

30-Year Government Bond Yield

Reference information for 30-Year Government Bond Yield.

Daily % Bank of Canada
Data starts 2001-01-02 Latest available 2026-06-25
/api/v1/announcements/cad/gov_bond_30y
Endpoint docs Indicator overview

3-Year Government Bond Yield

Reference information for 3-Year Government Bond Yield.

Daily % Bank of Canada
Data starts 2001-01-02 Latest available 2026-06-25
/api/v1/announcements/cad/gov_bond_3y
Endpoint docs Indicator overview

5-Year Government Bond Yield

Reference information for 5-Year Government Bond Yield.

Daily % Bank of Canada
Data starts 2001-01-02 Latest available 2026-06-25
/api/v1/announcements/cad/gov_bond_5y
Endpoint docs Indicator overview

7-Year Government Bond Yield

Reference information for 7-Year Government Bond Yield.

Daily % Bank of Canada
Data starts 2001-01-02 Latest available 2026-06-25
/api/v1/announcements/cad/gov_bond_7y
Endpoint docs Indicator overview

Inflation-Linked Bond Yield

Reference information for Inflation-Linked Bond Yield.

Daily % Bank of Canada
Data starts 2025-11-20 Latest available 2026-06-25
/api/v1/announcements/cad/inflation_linked_bond
Endpoint docs Indicator overview
Additional Indicators 12 endpoints

BoC Business Outlook

Indicator validated by integration tests.

Quarterly Balance Bank of Canada
Data starts 2010-03-31 Latest available 2026-03-31
/api/v1/announcements/cad/boc_business_outlook
Endpoint docs Indicator overview

Central Bank Reserves - Domestic Currency

Reference information for Central Bank Reserves - Domestic Currency.

Weekly CAD mn Bank of Canada
Data starts Pending
/api/v1/announcements/cad/cb_reserves_domestic_currency
Endpoint docs Indicator overview

Central Bank Reserves - Foreign Currency

Reference information for Central Bank Reserves - Foreign Currency.

Monthly USD bn Bank of Canada
Data starts Pending
/api/v1/announcements/cad/cb_reserves_foreign_currency
Endpoint docs Indicator overview

Central Bank Reserves - Gold

Reference information for Central Bank Reserves - Gold.

Monthly USD mn Central Bank
Data starts Pending
/api/v1/announcements/cad/cb_reserves_gold
Endpoint docs Indicator overview

Energy Commodities

Indicator validated by integration tests.

Weekly USD Index National Statistics Office
Data starts 2000-01-05 Latest available 2026-06-24
/api/v1/announcements/cad/commodity_price_energy
Endpoint docs Indicator overview

Ex-Energy Commodities

Indicator validated by integration tests.

Weekly USD Index National Statistics Office
Data starts 2000-01-05 Latest available 2026-06-24
/api/v1/announcements/cad/commodity_price_ex_energy
Endpoint docs Indicator overview

Commodity Price Index

Indicator validated by integration tests.

Weekly USD Index National Statistics Office
Data starts 2000-01-05 Latest available 2026-06-24
/api/v1/announcements/cad/commodity_price_index
Endpoint docs Indicator overview

Consumer Expectations

Indicator validated by integration tests.

Quarterly Balance National Statistics Office
Data starts 2014-12-31 Latest available 2026-03-31
/api/v1/announcements/cad/consumer_expectations
Endpoint docs Indicator overview

Core Inflation (Median)

Indicator validated by integration tests.

Monthly %YoY Statistics Canada
Data starts 1995-01-01 Latest available 2026-05-01
/api/v1/announcements/cad/core_inflation_median
Endpoint docs Indicator overview

Core Inflation (Trim)

Indicator validated by integration tests.

Monthly %YoY Statistics Canada
Data starts 1995-01-01 Latest available 2026-05-01
/api/v1/announcements/cad/core_inflation_trim
Endpoint docs Indicator overview

Quarterly GDP

Indicator validated by integration tests.

Quarterly %QoQ Statistics Canada
Data starts 2021-09-30 Latest available 2026-03-31
/api/v1/announcements/cad/gdp_quarterly
Endpoint docs Indicator overview

Household Credit

Indicator validated by integration tests.

Monthly CAD mn National Statistics Office
Data starts 2006-06-30 Latest available 2026-03-31
/api/v1/announcements/cad/household_credit
Endpoint docs Indicator overview
Bank of Canada Press Releases
CFTC Commitment of Traders — CAD
Upcoming Releases
  • Gdp
  • Trade Balance
  • Building Permits
  • Employment
  • Full Time Employment
  • Part Time Employment
  • Participation Rate
  • Unemployment
  • Policy Rate
  • Core Inflation
CAD Quick Links
CAD source map
Statistics Canada 19 series
Bank of Canada 18 series
National Statistics Office 7 series
Central Bank 1 series
CAD Pairs

About the Canadian Dollar (CAD)

The Canadian dollar (CAD), nicknamed the 'loonie', is the official currency of Canada and one of the most-traded currencies in the world. It is heavily influenced by oil prices, US economic conditions, and the Bank of Canada's policy stance relative to the Federal Reserve.

Bank of Canada: monetary policy framework

The Bank of Canada (BoC) sets the overnight rate target at eight scheduled decisions per year. It targets the midpoint of a 1–3% CPI inflation control range and publishes a quarterly Monetary Policy Report with detailed projections and a press conference following each MPR meeting.

What moves the CAD?

  • Bank of Canada overnight rate and Monetary Policy Report.
  • WTI crude oil price — Canada is a major net oil exporter.
  • US economic data and the Fed-BoC policy-rate differential.
  • Canada CPI, core CPI (trim and median measures).
  • Canada labour force survey: employment, unemployment, wages.
  • BoC Business Outlook Survey and Senior Loan Officer Survey.

Key data and events to watch

  • BoC interest-rate decision and Monetary Policy Report.
  • Canada monthly CPI and labour force survey.
  • WTI crude oil and Western Canadian Select differential.
  • BoC Business Outlook Survey (quarterly).
  • Cross-border trade and US ISM data.

Frequently asked questions about the Canadian Dollar

Why is the loonie sensitive to oil prices?
Canada is one of the world's largest oil producers and exporters, with energy a meaningful share of total exports and federal/provincial revenue. Higher oil prices boost the trade balance, fiscal position, and investment, which historically supports CAD.
How closely does CAD track the US dollar?
Roughly three-quarters of Canadian goods exports go to the United States, so the CAD is highly sensitive to US growth, the Fed-BoC policy gap, and Canada-US 2-year yield differentials. Periods of US dollar strength often weigh on USD/CAD direction in nuanced ways.
What inflation measure does the Bank of Canada target?
The BoC targets 2% CPI inflation, the midpoint of a 1–3% control range. It also publishes preferred core measures (CPI-trim and CPI-median) that strip out volatile components.
All Currencies
🇺🇸 USD — US Dollar 🇪🇺 EUR — Euro 🇬🇧 GBP — British Pound 🇯🇵 JPY — Japanese Yen 🇦🇺 AUD — Australian Dollar 🇨🇦 CAD — Canadian Dollar 🇨🇭 CHF — Swiss Franc 🇳🇿 NZD — New Zealand Dollar 🇨🇳 CNY — Chinese Yuan 🇳🇴 NOK — Norwegian Krone 🇸🇪 SEK — Swedish Krona 🇩🇰 DKK — Danish Krone 🇧🇷 BRL — Brazilian Real 🇹🇭 THB — Thai Baht 🇮🇩 IDR — Indonesian Rupiah 🇵🇪 PEN — Peruvian Sol 🇳🇬 NGN — Nigerian Naira 🇮🇱 ILS — Israeli New Shekel