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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.

Mappa regionale

Dati chiave

Canada in sintesi

Capital

Ottawa

Currency

Canadian Dollar (C$)

Primary exchange

TSX

Central bank

Bank of Canada

Region

Americas

Time zone

America/Toronto

Country dashboard

Perché questo mercato conta

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.

Esploratore macro

Cambia variabile, mantieni il contesto del paese

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 BlnCAD 2 BlnCAD 2,5 BlnCAD 3 BlnCAD 3,5 Bln201020112012201320142015201620172018201920202021202220232024
Clicca un anno per ingrandire da quel punto.

Variabili disponibili

GDP

CAD 3,1 Bln
Trend 1A+4.7%
Crescita media+4.6%

Cosa segnala

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

Scambi e posizione esterna

Esportazioni, servizi e bilancia con l'estero

Invece di un generico muro di schede macro, questa sezione si concentra su come il paese attira domanda dall'estero, dove sta il suo vantaggio commerciale e come evolve la bilancia con l'estero.

Interscambio totale CanadaC$1,5 Bln
Beni
Servizi
Beni
Servizi
EsportazioniC$726,9 Mld
C$733,2 MldImportazioni
Bilancia con l'estero2024
Esportazioni +C$726,9 Mld
Importazioni -C$733,2 Mld
Saldo+C$6,3 Mld
C$726,9 Mld
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 Mld
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 Mld
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.

Composizione degli scambi

Cosa esporta il paese

Partner commerciali

Dove commercia il paese

Lente sulle commodity

Esposizione alle materie prime

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.

Cosa osservare

Chiave di lettura

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.

Altri paesi

Continua attraverso Americas

Ogni scheda apre lo stesso modello di paese con la propria mappa, variabili macro selezionabili e vista benchmark. È la prima rete collegata di pagine paese nella regione.