Canada Economy

Canada’s gdp growth annual decreased to -5.2 by -58.4% on July 2020 from -12.5 in the previous Quarterly. On a year on year basis Canada’s gdp growth annual decreased by -267.74%. Canada’s gdp growth annual trend is down since the current value of -5.2 is lower than the 12 month moving average of 0.183333.Canada’s inflation cpi icnreased to 1.0 by 42.86% on November 2020 from 0.7 in the previous Monthly. On a year on year basis Canada’s inflation cpi decreased by -54.55%. Canada’s inflation cpi trend is down since the current value of 1.0 is lower than the 12 month moving average of 0.85.Canada’s unemployment rate decreased to 8.5 by -4.49% on November 2020 from 8.9 in the previous Monthly. On a year on year basis Canada’s unemployment rate increased by 44.07%. Canada’s unemployment rate trend is down since the current value of 8.5 is lower than the 12 month moving average of 9.25.

Canada Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
S&P/TSX Composite TSE 20110 0 0.75 1.04503 53.0961 -0.18 -0.45 4.9 0.02168
Canada ETF EWC 36.75 1 1 1.46073 64.0678 -0.46 -2.23 3.84 0.05137
Canadian Dollar US Dollar (CAD/USD) CADUSD 1.26 -1 -1 -1.6968 36.9602 0.73 2.37 2.32 -0.02377
Canada 10-Year Bond Yield CA.10Y 1.22 -0.5 -0.25 -0.24481 42.0376 -5.79 -14.14 -20.31 -0.55997
Canada 5-Year Bond Yield CA.5Y 0.81 -0.5 -0.5 -0.54129 34.4957 -11.09 -14.74 -14.74 -0.7685
Canada 2-year bond yield CA.2Y 0.48 -1 -1 -0.68963 31.5507 5.49 11.63 47.69 -0.87739
Canada Yield Curve CA.YC 0.75 0 0.75 1.33408 52.2334 -10.71 -24.32 -37.81 -6.34831
Canada Credit Default Swaps CDS.Canada 37.8 -0.5 0.5 1.80113 61.3233 0 0 -0.26 0.10909

S&P/TSX Composite closed down by -0.00641% to 17433.4 on 23 January 2021 and +-0.00679% on a weekly basis. S&P/TSX Composite momentum was last calculated at +0.0/100 indicating positive momentum. S&P/TSX Composite trend is +0.75/100 indicating a positive trend. S&P/TSX Composite momentum exhaustion is 1.04503 indicating S&P/TSX Composite is oversold.Canada ETF closed up by 0.01875% to 31.52 on 23 January 2021 and +0.02172% on a weekly basis. Canada ETF momentum was last calculated at +1.0/100 indicating positive momentum. Canada ETF trend is +1.0/100 indicating a positive trend. Canada ETF momentum exhaustion is 1.46073 indicating Canada ETF is oversold.Canadian Dollar US Dollar (CAD/USD) closed down by -0.00031% to 1.2731 on 23 January 2021 and +-0.01111% on a weekly basis. Canadian Dollar US Dollar (CAD/USD) momentum was last calculated at -1.0/100 indicating negative momentum. Canadian Dollar US Dollar (CAD/USD) trend is -1.0/100 indicating a negative trend. Canadian Dollar US Dollar (CAD/USD) momentum exhaustion is -1.6968 indicating Canadian Dollar US Dollar (CAD/USD) is oversold.Canada Credit Default Swaps closed up by 0.0% to 36.6 on 23 January 2021 and +0.0% on a weekly basis. Canada Credit Default Swaps momentum was last calculated at -0.5/100 indicating negative momentum. Canada Credit Default Swaps trend is +0.5/100 indicating a positive trend. Canada Credit Default Swaps momentum exhaustion is 1.80113 indicating Canada Credit Default Swaps is oversold.Canada 10-Year Bond Yield closed down by -0.04119% to 0.675 on 23 January 2021 and +-0.0728% on a weekly basis. Canada 10-Year Bond Yield momentum was last calculated at -0.5/100 indicating negative momentum. Canada 10-Year Bond Yield trend is -0.25/100 indicating a negative trend. Canada 10-Year Bond Yield momentum exhaustion is -0.24481 indicating Canada 10-Year Bond Yield is oversold.

Canada News

Canada Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual 0.3 -3.2 -1.09375 -0.884615 1.0 -1.0 0.266667 2021-01-01
inflation cpi 3.6 3.4 0.0588235 -10 1.0 1.0 0.0333333 2021-05-31
unemployment rate 7.8 8.2 -0.0487805 -0.365854 -1.0 -1.0 0.05 2021-06-30
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 56.5 57 -0.00877193 0.182008 1.0 1.0 0.95 2021-06-30
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 117.8 86.8 0.357143 0.732353 1.0 1.0 0 2020-01-31
external debt 3036230 3147440 -0.0353335 0.211401 1.0 1.0 0.3 2021-01-31
foreign exchange reserves 89053 89205 -0.00170394 0.020349 1.0 1.0 0.483333 2021-06-30
gold reserves 1.7 3 -0.433333 -0.5 -1.0 -1.0 0 2015-10-01
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 1180 -7261 -1.16251 -1.08033 1.0 1.0 0.216667 2021-01-01
current account to gdp -1.9 -2.1 -0.0952381 -5.75 1.0 -1.0 0 2019-02-28
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.25 0.25 0 -0.857143 -1.0 -1.0 0.025 2021-01-20
central bank balance sheet 476713 476164 0.00115296 0.0134614 -1.0 1.0 0.0166667 2021-05-31
banks balance sheet 7096120 7053360 0.00606236 0.1325 1.0 1.0 0.916667 2020-09-30
money supply m2 2199730 2182620 0.0078392 0.14678 1.0 1.0 0.833333 2021-04-30
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget -31440 -14370 1.18789 1.12519 -1.0 -1.0 0.833333 2021-03-31
government revenues 34517 29177 0.183021 0.338387 1.0 1.0 1 2021-03-31
fiscal expenditure 64021 42170 0.518165 0.683877 1.0 1.0 0.9 2021-03-31

Canada’s gdp growth annual decreased to -5.2 by -58.4% on July 2020 from -12.5 in the previous Quarterly. On a year on year basis Canada’s gdp growth annual decreased by -267.74%. Canada’s gdp growth annual trend is down since the current value of -5.2 is lower than the 12 month moving average of 0.183333.Canada’s inflation cpi icnreased to 1.0 by 42.86% on November 2020 from 0.7 in the previous Monthly. On a year on year basis Canada’s inflation cpi decreased by -54.55%. Canada’s inflation cpi trend is down since the current value of 1.0 is lower than the 12 month moving average of 0.85.Canada’s unemployment rate decreased to 8.5 by -4.49% on November 2020 from 8.9 in the previous Monthly. On a year on year basis Canada’s unemployment rate increased by 44.07%. Canada’s unemployment rate trend is down since the current value of 8.5 is lower than the 12 month moving average of 9.25.Canada’s manufacturing pmi icnreased to 55.8 by 0.54% on November 2020 from 55.5 in the previous Monthly. On a year on year basis Canada’s manufacturing pmi increased by 8.56%. Canada’s manufacturing pmi trend is down since the current value of 55.8 is lower than the 12 month moving average of 49.6333.Canada’s building permits icnreased to 9424460.0 by 12.87% on November 2020 from 8350180.0 in the previous Monthly. On a year on year basis Canada’s building permits increased by 16.74%. Canada’s building permits trend is down since the current value of 9424460.0 is lower than the 12 month moving average of 8244750.0.Canada’s business confidence decreased to 52.7 by -3.3% on November 2020 from 54.5 in the previous Monthly. On a year on year basis Canada’s business confidence decreased by -12.17%. Canada’s business confidence trend is down since the current value of 52.7 is lower than the 12 month moving average of 50.6.Canada’s consumer confidence icnreased to 45.25 by 1.69% on December 2020 from 44.5 in the previous Monthly. On a year on year basis Canada’s consumer confidence decreased by -14.91%. Canada’s consumer confidence trend is down since the current value of 45.25 is lower than the 12 month moving average of 45.0092.

Canada Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 71.9 64.7 0.111283 0.235395 1.0 1.0 0.933333 2021-06-30
manufacturing pmi 56.5 57 -0.00877193 0.182008 1.0 1.0 0.95 2021-06-30

Canada’s business confidence decreased to 52.7 by -3.3% on November 2020 from 54.5 in the previous Monthly. On a year on year basis Canada’s business confidence decreased by -12.17%. Canada’s business confidence trend is down since the current value of 52.7 is lower than the 12 month moving average of 50.6.Canada’s manufacturing pmi icnreased to 55.8 by 0.54% on November 2020 from 55.5 in the previous Monthly. On a year on year basis Canada’s manufacturing pmi increased by 8.56%. Canada’s manufacturing pmi trend is down since the current value of 55.8 is lower than the 12 month moving average of 49.6333.

Canada Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
consumer confidence 55.7 51.49 0.0817634 0.263325 1.0 1.0 0.966667 2021-07-31
car registrations 151912 166709 -0.0887595 0.39148 1.0 1.0 0.966667 2021-05-31

Canada’s consumer confidence icnreased to 45.25 by 1.69% on December 2020 from 44.5 in the previous Monthly. On a year on year basis Canada’s consumer confidence decreased by -14.91%. Canada’s consumer confidence trend is down since the current value of 45.25 is lower than the 12 month moving average of 45.0092.Canada’s car registrations decreased to 159098.0 by -8.51% on October 2020 from 173902.0 in the previous Monthly. On a year on year basis Canada’s car registrations decreased by -2.51%. Canada’s car registrations trend is down since the current value of 159098.0 is lower than the 12 month moving average of 131024.0.

Canada Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 56.5 57 -0.00877193 0.182008 1.0 1.0 0.95 2021-06-30
industrial production 1.83 -4.58 -1.39956 -1.32162 1.0 1.0 0.4 2021-03-31
industrial production mom 0.7 -1.5 -1.46667 -1.12963 1.0 1.0 0.5 2021-03-31
capacity utilization 81.7 79.7 0.0250941 -0.0203837 1.0 -1.0 0.366667 2021-01-31

Canada’s manufacturing pmi icnreased to 55.8 by 0.54% on November 2020 from 55.5 in the previous Monthly. On a year on year basis Canada’s manufacturing pmi increased by 8.56%. Canada’s manufacturing pmi trend is down since the current value of 55.8 is lower than the 12 month moving average of 49.6333.Canada’s industrial production decreased to -7.9 by -23.3% on September 2020 from -10.3 in the previous Monthly. On a year on year basis Canada’s industrial production increased by 317.99%. Canada’s industrial production trend is down since the current value of -7.9 is lower than the 12 month moving average of -7.24.Canada’s industrial production mom decreased to 1.41 by -1184.62% on September 2020 from -0.13 in the previous Monthly. On a year on year basis Canada’s industrial production mom decreased by -603.57%. Canada’s industrial production mom trend is down since the current value of 1.41 is lower than the 12 month moving average of -0.533333.Canada’s capacity utilization icnreased to 76.5 by 8.2% on July 2020 from 70.7 in the previous Quarterly. On a year on year basis Canada’s capacity utilization decreased by -5.56%. Canada’s capacity utilization trend is down since the current value of 76.5 is lower than the 12 month moving average of 81.225.

Canada Retail Sector

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
retail sales 56.7 24.7 1.29555 -2.78302 1.0 1.0 0.1 2021-04-30
retail sales MoM -5.7 3.6 -2.58333 -0.770161 -1.0 1.0 0.666667 2021-04-30
retail sales ex autos -7.2 4.3 -2.67442 -0.652174 -1.0 1.0 0.666667 2021-04-30

GDP nosedived in Q2, logging the worst contraction on record as coronavirus containment measures pummeled household and capital spending. Turning to Q3, available data hints at subdued conditions. Consumer confidence deteriorated for the second month running in August, while the manufacturing PMI remained in contractionary territory in the same month. In addition, travel

Canada Construction Sector

Construction Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
building permits 11107200 11162400 -0.00494517 0.801996 1.0 1.0 1 2021-04-30
housing starts 282.07 286.296 -0.0147609 0.330695 1.0 1.0 0.9 2021-06-30
housing index 116 114.4 0.013986 0.113244 1.0 1.0 1 2021-05-31

Canada’s building permits icnreased to 9424460.0 by 12.87% on November 2020 from 8350180.0 in the previous Monthly. On a year on year basis Canada’s building permits increased by 16.74%. Canada’s building permits trend is down since the current value of 9424460.0 is lower than the 12 month moving average of 8244750.0.Canada’s housing starts icnreased to 246.033 by 14.36% on November 2020 from 215.134 in the previous Monthly. On a year on year basis Canada’s housing starts increased by 20.12%. Canada’s housing starts trend is down since the current value of 246.033 is lower than the 12 month moving average of 214.279.Canada’s housing index icnreased to 107.9 by 0.56% on November 2020 from 107.3 in the previous Monthly. On a year on year basis Canada’s housing index increased by 4.55%. Canada’s housing index trend is down since the current value of 107.9 is lower than the 12 month moving average of 104.908.

Canada GDP

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 2077770 2045920 0.0155676 0.015786 1.0 1.0 0.183333 2021-01-01
gdp growth annual 0.3 -3.2 -1.09375 -0.884615 1.0 -1.0 0.266667 2021-01-01
gdp 1736.43 1716.26 0.0117523 0.185293 1.0 1.0 0 2019-01-31
gdp growth 1.4 2.2 -0.363636 1 1.0 1.0 0.841667 2021-01-01
gdp growth annualized 5.6 9.3 -0.397849 1.15385 1.0 1.0 0.85 2021-01-01

Canada’s Real GDP icnreased to 2003080.0 by 8.87% on July 2020 from 1839800.0 in the previous Quarterly. On a year on year basis Canada’s Real GDP decreased by -0.92%. Canada’s Real GDP trend is down since the current value of 2003080.0 is lower than the 12 month moving average of 2051190.0.Canada’s gdp growth annual decreased to -5.2 by -58.4% on July 2020 from -12.5 in the previous Quarterly. On a year on year basis Canada’s gdp growth annual decreased by -267.74%. Canada’s gdp growth annual trend is down since the current value of -5.2 is lower than the 12 month moving average of 0.183333.Canada’s gdp icnreased to 1736.43 by 1.18% on January 2019 from 1716.26 in the previous Yearly. On a year on year basis Canada’s gdp increased by 18.53%. Canada’s gdp trend is down since the current value of 1736.43 is lower than the 12 month moving average of 1665.73.Canada’s gdp growth decreased to 8.9 by -178.76% on July 2020 from -11.3 in the previous Quarterly. On a year on year basis Canada’s gdp growth increased by 2125.0%. Canada’s gdp growth trend is down since the current value of 8.9 is lower than the 12 month moving average of 0.025.Canada’s gdp growth annualized decreased to 40.5 by -206.3% on July 2020 from -38.1 in the previous Quarterly. On a year on year basis Canada’s gdp growth annualized increased by 2282.35%. Canada’s gdp growth annualized trend is down since the current value of 40.5 is lower than the 12 month moving average of 1.075.

Canada inflation

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 3.6 3.4 0.0588235 -10 1.0 1.0 0.0333333 2021-05-31
core inflation rate 2.8 2.3 0.217391 3 1.0 1.0 1 2021-05-31
consumer price index cpi 141 140.3 0.00498931 0.0360029 1.0 1.0 1 2021-05-31
Producer Price Index 113.9 114.4 -0.00437063 0.162245 1.0 1.0 0.983333 2021-06-30
PPI Index 386917 382315 0.0120372 0.0517736 1.0 1.0 0.85 2021-05-31

Canada’s inflation cpi icnreased to 1.0 by 42.86% on November 2020 from 0.7 in the previous Monthly. On a year on year basis Canada’s inflation cpi decreased by -54.55%. Canada’s inflation cpi trend is down since the current value of 1.0 is lower than the 12 month moving average of 0.85.Canada’s core inflation rate icnreased to 1.5 by 50.0% on October 2020 from 1.0 in the previous Monthly. On a year on year basis Canada’s core inflation rate decreased by -21.05%. Canada’s core inflation rate trend is down since the current value of 1.5 is lower than the 12 month moving average of 1.31667.Canada’s consumer price index cpi icnreased to 137.7 by 0.15% on November 2020 from 137.5 in the previous Monthly. On a year on year basis Canada’s consumer price index cpi increased by 0.95%. Canada’s consumer price index cpi trend is down since the current value of 137.7 is lower than the 12 month moving average of 136.875.Canada’s Producer Price Index icnreased to 114.8 by 0.26% on August 2020 from 114.5 in the previous Monthly. On a year on year basis Canada’s Producer Price Index decreased by -2.3%. Canada’s Producer Price Index trend is down since the current value of 114.8 is lower than the 12 month moving average of 115.658.Canada’s PPI Index decreased to 0.1 by -85.71% on November 2020 from 0.7 in the previous Monthly. On a year on year basis Canada’s PPI Index decreased by -125.0%. Canada’s PPI Index trend is down since the current value of 0.1 is lower than the 12 month moving average of -0.641667.

Canada Government Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -15.9 -1.5 9.6 -27.5 -1.0 -1.0 0 2019-02-28
Government budget -31440 -14370 1.18789 1.12519 -1.0 -1.0 0.833333 2021-03-31
government revenues 34517 29177 0.183021 0.338387 1.0 1.0 1 2021-03-31
fiscal expenditure 64021 42170 0.518165 0.683877 1.0 1.0 0.9 2021-03-31

Canada’s Government budget decreased to -18506.0 by -32.93% on October 2020 from -27593.0 in the previous Monthly. On a year on year basis Canada’s Government budget increased by 468.71%. Canada’s Government budget trend is down since the current value of -18506.0 is lower than the 12 month moving average of -19111.1.Canada’s government revenues decreased to 24067.0 by -23.95% on October 2020 from 31648.0 in the previous Monthly. On a year on year basis Canada’s government revenues decreased by -5.49%. Canada’s government revenues trend is down since the current value of 24067.0 is lower than the 12 month moving average of 24803.5.Canada’s fiscal expenditure decreased to 40997.0 by -29.24% on October 2020 from 57941.0 in the previous Monthly. On a year on year basis Canada’s fiscal expenditure increased by 52.2%. Canada’s fiscal expenditure trend is down since the current value of 40997.0 is lower than the 12 month moving average of 42098.2.

Canada Monetary Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.25 0.25 0 -0.857143 -1.0 -1.0 0.025 2021-01-20
central bank balance sheet 476713 476164 0.00115296 0.0134614 -1.0 1.0 0.0166667 2021-05-31
banks balance sheet 7096120 7053360 0.00606236 0.1325 1.0 1.0 0.916667 2020-09-30
money supply m0 496802 494586 0.00448052 3.77754 1.0 1.0 0.983333 2021-03-31
money supply m1 1500000 1460600 0.0269752 0.264734 1.0 1.0 0.866667 2021-04-30
money supply m2 2199730 2182620 0.0078392 0.14678 1.0 1.0 0.833333 2021-04-30
money supply m3 2944240 2966080 -0.00736325 0.0452577 1.0 1.0 0.233333 2021-04-30

Canada’s interest rate decreased to 0.25 by -66.67% on April 2020 from 0.75 in the previous Daily. On a year on year basis Canada’s interest rate decreased by -85.71%. Canada’s interest rate trend is down since the current value of 0.25 is lower than the 12 month moving average of 1.5.Canada’s central bank balance sheet decreased to 525021.0 by -1.49% on October 2020 from 532945.0 in the previous Monthly. On a year on year basis Canada’s central bank balance sheet increased by 343.87%. Canada’s central bank balance sheet trend is down since the current value of 525021.0 is lower than the 12 month moving average of 350510.0.Canada’s banks balance sheet icnreased to 7096120.0 by 0.61% on September 2020 from 7053360.0 in the previous Monthly. On a year on year basis Canada’s banks balance sheet increased by 13.25%. Canada’s banks balance sheet trend is down since the current value of 7096120.0 is lower than the 12 month moving average of 6806830.0.Canada’s money supply m2 icnreased to 2105410.0 by 0.96% on October 2020 from 2085360.0 in the previous Monthly. On a year on year basis Canada’s money supply m2 increased by 18.25%. Canada’s money supply m2 trend is down since the current value of 2105410.0 is lower than the 12 month moving average of 1935620.0.

Canada Employment

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate 7.8 8.2 -0.0487805 -0.365854 -1.0 -1.0 0.05 2021-06-30
youth unemployment rate 13.6 15.9 -0.144654 -0.50365 -1.0 -1.0 0.0166667 2021-06-30

Canada’s unemployment rate decreased to 8.5 by -4.49% on November 2020 from 8.9 in the previous Monthly. On a year on year basis Canada’s unemployment rate increased by 44.07%. Canada’s unemployment rate trend is down since the current value of 8.5 is lower than the 12 month moving average of 9.25.Canada’s youth unemployment rate decreased to 17.4 by -7.45% on November 2020 from 18.8 in the previous Monthly. On a year on year basis Canada’s youth unemployment rate increased by 50.0%. Canada’s youth unemployment rate trend is down since the current value of 17.4 is lower than the 12 month moving average of 19.5833.

Canada Trade & Capital Flows

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 1180 -7261 -1.16251 -1.08033 1.0 1.0 0.216667 2021-01-01
current account to gdp -1.9 -2.1 -0.0952381 -5.75 1.0 -1.0 0 2019-02-28
exports 49530 50333.4 -0.0159616 0.456542 1.0 1.0 0.983333 2021-05-31
imports 50916.2 49871 0.0209581 0.421919 1.0 1.0 1 2021-05-31
balance of trade -1390 462 -4.00866 -0.22902 1.0 1.0 0.45 2021-05-31
capital flows -38 -48 -0.208333 1.71429 1.0 -1.0 0.766667 2021-01-01
foreign direct investment 19620 2482 6.90492 0.19503 1.0 1.0 0.6 2021-01-01

Canada’s current account icnreased to -7528.0 by 7.57% on July 2020 from -6998.0 in the previous Quarterly. On a year on year basis Canada’s current account decreased by -55.27%. Canada’s current account trend is down since the current value of -7528.0 is lower than the 12 month moving average of -11970.7.Canada’s current account to gdp decreased to -2.1 by -16.0% on January 2019 from -2.5 in the previous Yearly. On a year on year basis Canada’s current account to gdp decreased by -362.5%. Canada’s current account to gdp trend is down since the current value of -2.1 is lower than the 12 month moving average of -2.675.Canada’s exports icnreased to 45541.3 by 1.51% on September 2020 from 44863.7 in the previous Monthly. On a year on year basis Canada’s exports decreased by -7.41%. Canada’s exports trend is down since the current value of 45541.3 is lower than the 12 month moving average of 44222.2.Canada’s imports icnreased to 48793.7 by 1.5% on September 2020 from 48074.9 in the previous Monthly. On a year on year basis Canada’s imports decreased by -3.34%. Canada’s imports trend is down since the current value of 48793.7 is lower than the 12 month moving average of 46522.4.Canada’s balance of trade icnreased to -3252.4 by 1.28% on September 2020 from -3211.2 in the previous Monthly. On a year on year basis Canada’s balance of trade increased by 151.36%. Canada’s balance of trade trend is down since the current value of -3252.4 is lower than the 12 month moving average of -2300.18.Canada’s bank lending rate decreased to 2.45 by -28.99% on April 2020 from 3.45 in the previous Monthly. On a year on year basis Canada’s bank lending rate decreased by -37.97%. Canada’s bank lending rate trend is down since the current value of 2.45 is lower than the 12 month moving average of 3.78333.Canada’s capital flows decreased to -48.0 by -46.07% on January 2020 from -89.0 in the previous Quarterly. On a year on year basis Canada’s capital flows increased by 1100.0%. Canada’s capital flows trend is down since the current value of -48.0 is lower than the 12 month moving average of -41.75.Canada’s foreign direct investment decreased to 10338.0 by -12.56% on May 2020 from 11823.0 in the previous Quarterly. On a year on year basis Canada’s foreign direct investment decreased by -19.45%. Canada’s foreign direct investment trend is down since the current value of 10338.0 is lower than the 12 month moving average of 13815.1.

Canada Reserves

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 89053 89205 -0.00170394 0.020349 1.0 1.0 0.483333 2021-06-30
gold reserves 1.7 3 -0.433333 -0.5 -1.0 -1.0 0 2015-10-01

Canada’s foreign exchange reserves icnreased to 91742.0 by 0.96% on November 2020 from 90872.0 in the previous Monthly. On a year on year basis Canada’s foreign exchange reserves increased by 7.92%. Canada’s foreign exchange reserves trend is down since the current value of 91742.0 is lower than the 12 month moving average of 88372.8.Canada’s gold reserves decreased to 1.7 by -43.33% on October 2015 from 3.0 in the previous Quarterly. On a year on year basis Canada’s gold reserves decreased by -50.0%. Canada’s gold reserves trend is down since the current value of 1.7 is lower than the 12 month moving average of 2.925.Canada’s government debt to gdp decreased to 88.6 by -1.23% on February 2018 from 89.7 in the previous Yearly. On a year on year basis Canada’s government debt to gdp increased by 32.44%. Canada’s government debt to gdp trend is down since the current value of 88.6 is lower than the 12 month moving average of 84.9583.Canada’s external debt icnreased to 3026490.0 by 4.93% on May 2020 from 2884370.0 in the previous Yearly. On a year on year basis Canada’s external debt increased by 28.41%. Canada’s external debt trend is down since the current value of 3026490.0 is lower than the 12 month moving average of 2698490.0.

Canada Debt

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 117.8 86.8 0.357143 0.732353 1.0 1.0 0 2020-01-31
external debt 3036230 3147440 -0.0353335 0.211401 1.0 1.0 0.3 2021-01-31

Canada’s government debt to gdp decreased to 88.6 by -1.23% on February 2018 from 89.7 in the previous Yearly. On a year on year basis Canada’s government debt to gdp increased by 32.44%. Canada’s government debt to gdp trend is down since the current value of 88.6 is lower than the 12 month moving average of 84.9583.Canada’s external debt icnreased to 3026490.0 by 4.93% on May 2020 from 2884370.0 in the previous Yearly. On a year on year basis Canada’s external debt increased by 28.41%. Canada’s external debt trend is down since the current value of 3026490.0 is lower than the 12 month moving average of 2698490.0.

Canada Banking activity

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate 0.44 0.44 0 0 1.0 -1.0 0.6 2021-06-01
deposit interest rate 0.16 0.16 0 0.333333 1.0 1.0 0.716667 2021-05-28
bank lending rate 2.45 2.45 0 -0.379747 -1.0 -1.0 0.025 2020-05-30
loans to private sector 456553 470238 -0.0291023 -0.152413 -1.0 -1.0 0.0166667 2021-04-30

Canada’s interbank rate On a year on year basis Canada’s interbank rate increased by 0.36%. Canada’s interbank rate trend is down since the current value of 1.971 is lower than the 12 month moving average of 1.97133.Canada’s deposit interest rate Canada’s deposit interest rate trend is down since the current value of 1.81 is lower than the 12 month moving average of 1.81.Canada’s balance of trade icnreased to -3252.4 by 1.28% on September 2020 from -3211.2 in the previous Monthly. On a year on year basis Canada’s balance of trade increased by 151.36%. Canada’s balance of trade trend is down since the current value of -3252.4 is lower than the 12 month moving average of -2300.18.Canada’s bank lending rate decreased to 2.45 by -28.99% on April 2020 from 3.45 in the previous Monthly. On a year on year basis Canada’s bank lending rate decreased by -37.97%. Canada’s bank lending rate trend is down since the current value of 2.45 is lower than the 12 month moving average of 3.78333.Canada’s loans to private sector decreased to 493080.0 by -0.69% on September 2020 from 496485.0 in the previous Monthly. On a year on year basis Canada’s loans to private sector increased by 4.21%. Canada’s loans to private sector trend is down since the current value of 493080.0 is lower than the 12 month moving average of 500065.0.

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