Commodity market report

Canada exchange rate outlook Q3 2015



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Report summary

The Canadian dollar has depreciated by 40% over the past four years. This has been driven by lower commodity prices particularly oil. While the current exchange rate is reasonable given Canada's economy is in recession and global conditions are challenging the Canadian dollar is extremely weak by historical standards. We see scope for a limited recovery over the next few years.

What's included

This report contains

  • Document

    Canada exchange rate outlook Q3 2015

    PDF 345.53 KB

  • Document

    Exchange Rate Forecast Q3 2015 (portal).xls

    XLS 116.00 KB

  • Document

    Canada exchange rate outlook Q3 2015

    ZIP 391.77 KB

  • Document

    Executive summary

    PDF 185.46 KB

Table of contents

  • Executive summary

Tables and charts

This report includes 5 images and tables including:


  • Canadian dollar per USD: nominal exchange rate
  • Canadian dollar trade-weighted real exchange rate
  • Terms of trade
  • Canada key interest rates


  • Exchange rate forecasts

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