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Canada — Market Overview

Americas>Canada

🇨🇦 Canada

Canada sits at the intersection of North American demand, commodity pricing, and domestic housing leverage, which gives its market a very different mix from the United States despite deep financial integration. The market is usually read through the oil-and-metals cycle, the resilience of the big banks, and how quickly domestic rates feed through to housing, consumers, and credit quality.

Mapa regional

Datos clave

Canada de un vistazo

Capital

Ottawa

Currency

Canadian Dollar (C$)

Primary exchange

TSX

Central bank

Bank of Canada

Region

Americas

Time zone

America/Toronto

Fuente: Statistics Canada,

Country dashboard

Por qué importa este mercado

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Explorador macro

Cambia de variable sin perder el contexto del país

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

CAD 1,5 BCAD 2 BCAD 2,5 BCAD 3 BCAD 3,5 B201020112012201320142015201620172018201920202021202220232024
Haz clic en un año para ampliar desde ese punto.

Variables disponibles

GDP

CAD 3,1 B
Tendencia 1A+4.7%
Crecimiento medio+4.6%

Qué señala esto

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Comercio y posición externa

Exportaciones, servicios y balanza externa

En lugar de un muro genérico de tarjetas macro, esta sección se centra en cómo el país capta demanda del exterior, dónde está su ventaja comercial y cómo evoluciona la balanza externa.

Comercio total CanadaC$1,5 B
Bienes
Servicios
Bienes
Servicios
ExportaciónC$726,9 mil M
C$733,2 mil MImportación
Balanza externa2024
Exportaciones +C$726,9 mil M
Importaciones -C$733,2 mil M
Saldo+C$6300,0 M
C$726,9 mil M
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Canada is capturing across both physical products and higher-value intangible flows.

C$567,7 mil M
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

C$159,1 mil M
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Canada is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composición del comercio

Qué exporta el país

Socios comerciales

Dónde comercia el país

Enfoque en materias primas

Exposición a materias primas

Goods share of exports78.1%

Goods made up 78.1% of total exports in 2024, leaving services at 21.9%.

Goods share of imports78.2%

Goods made up 78.2% of total imports in 2024, leaving services at 21.8%.

Largest export goods bucketManufactures 41.7%

This was the biggest WTO merchandise export group for Canada in 2024.

Largest import goods bucketManufactures 71.2%

This was the biggest WTO merchandise import group for Canada in 2024.

Merchandise balance$-5.4B

Goods exports minus goods imports in 2024. A deficit here shows whether merchandise trade supports or drags on the overall external balance.

Qué vigilar

Marco de lectura

01

commodity prices

Canada should first be read through commodity prices. When this regime shifts, local multiples and sector leadership usually shift with it.

02

bank balance-sheet quality

The market is usually read through the oil-and-metals cycle, the resilience of the big banks, and how quickly domestic rates feed through to housing, consumers, and credit quality. That makes bank balance-sheet quality one of the most important signals for revising the country narrative.

03

housing sensitivity

The final layer is housing sensitivity, because it determines whether the macro backdrop turns into sustainable earnings support for the S&P/TSX Composite.

Otros países

Continúa por Americas

Cada tarjeta abre la misma plantilla de país con su propio mapa, variables macro intercambiables y vista de referencia. Es la primera red enlazada de páginas de país de la región.