Canada Macro Data Board
Canadian dollar — North American oil-linked currency, closely tied to crude prices and the US economy.
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.
Canada latest macro readings
A scan-ready view of the main CAD indicators, linking each series to its country page, latest announcement, and API endpoint.
| Indicator | Latest | Previous | Change | Updated | Source | Links |
|---|---|---|---|---|---|---|
|
Central Bank Policy Rate
Monetary Policy
|
2.25 | 2.25 | 0 | 2026-07-27 | Bank of Canada | Page /Release /API |
|
Inflation Rate (CPI/HICP)
Economy
|
2.8 | 3.2 | -0.4 | 2026-07-20 | Statistics Canada | Page /Release /API |
|
Core Inflation
Economy
|
1.8 | 2 | -0.2 | 2026-07-20 | Statistics Canada | Page /Release /API |
|
Gross Domestic Product (GDP) Growth
Economy
|
2,352.90 | 2,340.10 | +12.804 | 2026-06-30 | Statistics Canada | Page /Release /API |
|
Unemployment Rate
Labor Market
|
6.1 | 6.6 | -0.5 | 2026-07-10 | Statistics Canada | Page /Release /API |
|
Trade Balance
Economy
|
4,243.40 | 3,405.30 | +838.1 | 2026-05-31 | Statistics Canada | Page /Release /API |
|
Retail Sales
Economy
|
73,708.00 | 73,030.00 | +678 | 2026-07-23 | Statistics Canada | Page /Release /API |
|
10-Year Government Bond Yield
Government Bond Yields
|
3.6 | 3.65 | -0.05 | 2026-07-24 | Bank of Canada | Page /Release /API |
|
Building Permits
Economy
|
12,374.94 | 12,589.95 | -215.013 | 2026-07-10 | Statistics Canada | Page /Release /API |
|
Business Confidence
Economy
|
49.8 | 49.83 | -0.03 | 2026-06-30 | National Statistics Office | Page /Release /API |
|
Consumer Confidence
Economy
|
52.04 | 51.99 | +0.05 | 2026-06-30 | National Statistics Office | Page /Release /API |
Canada release calendar
Upcoming and recent macro events for the CAD country view.
CAD currency market profile
Core identifiers, trading context, and product links for the CAD market.
Canadian Dollar
Primary central-bank or monetary authority reference.
Fast path into the FX pair dashboard and market profile.
Approximate primary liquidity window used across FXMacroData pages.
Display symbol used in product surfaces.
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, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.
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.
For CAD research, combine the country-level release map with the USD/CAD dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.
The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.
- 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.
Canada source map
Publisher groups represented in the checked-in coverage catalogue for this market.
Canada coverage by category
The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.
Key Canada indicators
Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Core Inflation
CPI excluding volatile items like food and energy.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Unemployment Rate
Percentage of the labor force that is unemployed.
Trade Balance
The difference between the value of a country's exports and imports.
Retail Sales
Measures change in the total value of sales at the retail level.
Published Canada indicator pages
Filter by indicator name, source, cadence, or category.
Building Permits
Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
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.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
30-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
7-Year Government Bond Yield
Inflation-Linked Bond Yield
BoC Business Outlook
Indicator validated by integration tests.
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
Energy Commodities
Indicator validated by integration tests.
Ex-Energy Commodities
Indicator validated by integration tests.
Commodity Price Index
Indicator validated by integration tests.
Consumer Expectations
Indicator validated by integration tests.
Core Inflation (Median)
Indicator validated by integration tests.
Core Inflation (Trim)
Indicator validated by integration tests.
Quarterly GDP
Indicator validated by integration tests.
Household Credit
Indicator validated by integration tests.
Tracked Canada data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Building Permits
Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
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.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Average Weekly Earnings / Wages
Measures nominal wage growth.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
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.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
30-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
7-Year Government Bond Yield
Inflation-Linked Bond Yield
BoC Business Outlook
Indicator validated by integration tests.
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
Energy Commodities
Indicator validated by integration tests.
Ex-Energy Commodities
Indicator validated by integration tests.
Commodity Price Index
Indicator validated by integration tests.
Consumer Expectations
Indicator validated by integration tests.
Core Inflation (Median)
Indicator validated by integration tests.
Core Inflation (Trim)
Indicator validated by integration tests.
Quarterly GDP
Indicator validated by integration tests.
Household Credit
Indicator validated by integration tests.
CAD market drivers
Evergreen macro forces to keep beside the country data table.
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.
CAD questions traders ask
Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.
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.
Explore other countries
Move laterally into another country hub while keeping the same indicator-first structure.