Country profile · Aggregate
Canada
GDP was US$2.32 trillion in 2025 (current US dollars). Real GDP grew 1.7% in 2025. GDP per capita at purchasing-power parity was $57,990 (constant 2021 international dollars, 2025).
Indicators
What the data say about Canada
GDP was US$2.32 trillion in 2025 (current US dollars). Real GDP grew 1.7% in 2025. GDP per capita at purchasing-power parity was $57,990 (constant 2021 international dollars, 2025). Consumer price inflation averaged 2.1% in 2025. The modelled unemployment rate was 6.9% in 2025. Exports plus imports equalled 64% of GDP in 2025. Population was 41.7 million in 2025.
| Indicator | Latest | Year | Freshness | Source |
|---|---|---|---|---|
| GDP (current US$) US$ (current) | 2.320e+12 | 2025 | current | WDI NY.GDP.MKTP.CD |
| GDP, PPP (constant 2021 international $) international $ (2021 PPP) | 2.415e+12 | 2025 | current | WDI NY.GDP.MKTP.PP.KD |
| GDP growth (annual %) % change, annual | 1.74 | 2025 | current | WDI NY.GDP.MKTP.KD.ZG |
| GDP per capita, PPP (constant 2021 international $) international $ (2021 PPP) | 57,989.58 | 2025 | current | WDI NY.GDP.PCAP.PP.KD |
| GDP per capita (current US$) US$ (current) | 55,697.66 | 2025 | current | WDI NY.GDP.PCAP.CD |
| GDP per capita growth (annual %) % change, annual | 0.79 | 2025 | current | WDI NY.GDP.PCAP.KD.ZG |
| Inflation, consumer prices (annual %) % change, annual average | 2.07 | 2025 | current | WDI FP.CPI.TOTL.ZG |
| Unemployment, total (% of total labor force) (modeled ILO estimate) % of labour force (modelled ILO estimate) | 6.91 | 2025 | current | WDI SL.UEM.TOTL.ZS |
| Labor force participation rate, total (% of total population ages 15+) (modeled ILO estimate) % of population 15+ (modelled ILO estimate) | 64.52 | 2025 | current | WDI SL.TLF.CACT.ZS |
| Trade (% of GDP) % of GDP | 63.51 | 2025 | current | WDI NE.TRD.GNFS.ZS |
| Exports of goods and services (% of GDP) % of GDP | 31.33 | 2025 | current | WDI NE.EXP.GNFS.ZS |
| Imports of goods and services (% of GDP) % of GDP | 32.18 | 2025 | current | WDI NE.IMP.GNFS.ZS |
| Current account balance (% of GDP) % of GDP | -0.96 | 2025 | current | WDI BN.CAB.XOKA.GD.ZS |
| Gross capital formation (% of GDP) % of GDP | 23.15 | 2025 | current | WDI NE.GDI.TOTL.ZS |
| Foreign direct investment, net inflows (% of GDP) % of GDP | 3.02 | 2025 | current | WDI BX.KLT.DINV.WD.GD.ZS |
| Manufacturing, value added (% of GDP) % of GDP | 9.32 | 2022 | current | WDI NV.IND.MANF.ZS |
| Services, value added (% of GDP) % of GDP | 64.11 | 2022 | current | WDI NV.SRV.TOTL.ZS |
| Agriculture, forestry, and fishing, value added (% of GDP) % of GDP | 1.93 | 2022 | current | WDI NV.AGR.TOTL.ZS |
| Research and development expenditure (% of GDP) % of GDP | 1.79 | 2024 | current | WDI GB.XPD.RSDV.GD.ZS |
| GDP per person employed (constant 2021 PPP $) US$ (constant 2021 PPP) per person employed | 113,563.26 | 2025 | current | WDI SL.GDP.PCAP.EM.KD |
| Population, total persons | 4.165e+7 | 2025 | current | WDI SP.POP.TOTL |
| Population growth (annual %) % change, annual | 0.94 | 2025 | current | WDI SP.POP.GROW |
| Population ages 65 and above (% of total population) % of population | 20.26 | 2025 | current | WDI SP.POP.65UP.TO.ZS |
| Central government debt, total (% of GDP) % of GDP (central government) | 64.13 | 2024 | current | WDI GC.DOD.TOTL.GD.ZS |
| Net lending (+) / net borrowing (-) (% of GDP) % of GDP (net lending/borrowing) | -1.17 | 2024 | current | WDI GC.NLD.TOTL.GD.ZS |
| Energy use (kg of oil equivalent per capita) kg of oil equivalent per capita | 7,119.38 | 2024 | current | WDI EG.USE.PCAP.KG.OE |
| Renewable electricity output (% of total electricity output) % of electricity output | 67.02 | 2021 | aging | WDI EG.ELC.RNEW.ZS |
| Energy imports, net (% of energy use) % of energy use (net imports) | -95.02 | 2024 | current | WDI EG.IMP.CONS.ZS |
| Net migration persons (5-year net, UN estimate) | 326,204 | 2025 | current | WDI SM.POP.NETM |
| School enrollment, tertiary (% gross) % gross enrolment | 76.27 | 2023 | current | WDI SE.TER.ENRR |
Charts
Canada against the world
Annual series, 1990 onward.
Charts load as you scroll.
Relationships
Recorded links that reach Canada
From the relationship graph, with each link’s evidence class.
- The Bank of Canada observed that a substantial share of what the Alberta oil sands industry buys comes from other provinces, so an oil-price shock is felt outside Alberta. The statement does not name provinces, so the destination is "other provinces" collectively. documented exposure details
- Mortgage debt-servicing costs are a key channel through which the policy rate reaches households, Bank of Canada staff say. They add that the timing of the pass-through depends greatly on the structure of household debt: a tightening reaches household finances more quickly when more households hold variable-payment mortgages, and may take longer when long-term fixed contracts make up more of the debt. established mechanism details
- Higher mortgage payments can reduce the discretionary income available for spending, according to a Bank of Canada staff note. The Bank's Governor has said that when rates rise, households with mortgages have less money to buy other things. established mechanism details
- Higher borrowing costs discourage borrowing, and rate-sensitive sectors such as housing often slow first, according to the Bank of Canada. The Bank describes the channel in general terms; it does not estimate the effect on any one city or on prices versus activity. established mechanism details
- Crude oil prices are the major driver of gasoline prices, the Library of Parliament says, and the Bank of Canada says higher wholesale prices are quickly reflected at the pump. Statistics Canada said crude oil prices rose in September 2026, resulting in higher prices for gasoline and fuel oil, and that the switch to the less expensive winter blend of gasoline moderated the increase. established mechanism details
- The Bank of Canada said in October 2026 that CPI inflation had stayed close to 3% over the past six months, largely reflecting higher gasoline prices, and that excluding gasoline, inflation was 2.2% in September and measures of core inflation remained close to 2%. Statistics Canada reported that the CPI rose 3.1% over the 12 months to September and that gasoline led the acceleration. established mechanism details
- When the Bank of Canada changes its policy rate, banks reprice loans and deposits. The Bank says changes in its rate lead to similar changes in short-term rates, including the prime rate on which banks base variable-rate mortgages, and can also affect long-term rates, especially if the change is expected to last. In the 2022 tightening, the Governor said, the average five-year variable mortgage rate rose from 1.5% to 5.9% between January 2022 and January 2023, and the average five-year fixed rate from 2.8% to 5.1%. established mechanism details
- The Department of Finance says higher interest rates raise public debt charges on marketable debt in two ways: interest costs increase as existing debt matures and is refinanced at higher rates, and rising rates increase the expected cost of future borrowing. It reports that public debt charges from April to August 2026 were 9.1% higher than a year earlier, primarily because of an increased stock of marketable bonds with higher average effective interest rates. established mechanism details
- Energy products are one of the largest merchandise export groups. The linked derived series shows their share of total merchandise exports each month (both seasonally adjusted, balance-of-payments basis). documented exposure details
- Alberta's share of Canadian crude oil production, from monthly production data. A measured concentration, not an estimate of Alberta's dependence on oil prices. documented exposure details
- Motor vehicles and parts are one of the largest merchandise export groups. The linked series show their monthly value and the United States share of all merchandise exports. documented exposure details
- Bank of Canada staff report that Canadian long-term government bond yields tend to closely track movements in US Treasury yields. They say global forces heavily influence yields in a small open economy like Canada's, and that common shocks and similar monetary policy responses expose Canadian and US bonds to many of the same risks. A Bank of Canada explainer says interest rates in Canada respond to what happens elsewhere. This is about long-term yields; it does not say that US policy rates set Canadian policy rates. established mechanism details
- The Bank of Canada says higher interest costs discourage borrowing, which might mean fewer people take out a mortgage to buy a home. CMHC said in July 2026 that housing market activity that year had so far been weaker than expected, particularly in sales and prices, and that this reflected slower population growth, ongoing economic uncertainty, high mortgage rates and slow income growth. established mechanism details
- Alberta is a province of Canada. institutional relationship details
- British Columbia is a province of Canada. institutional relationship details
- Saskatchewan is a province of Canada. institutional relationship details
- Manitoba is a province of Canada. institutional relationship details
- Ontario is a province of Canada. institutional relationship details
- Quebec is a province of Canada. institutional relationship details
- New Brunswick is a province of Canada. institutional relationship details
- Nova Scotia is a province of Canada. institutional relationship details
- Prince Edward Island is a province of Canada. institutional relationship details
- Newfoundland and Labrador is a province of Canada. institutional relationship details
- United States accounted for 72.33% of Canada's merchandise exports (customs basis, calendar 2025). documented exposure details
- United States accounted for 45.86% of Canada's merchandise imports (customs basis, calendar 2025). documented exposure details
- China accounted for 4.5% of Canada's merchandise exports (customs basis, calendar 2025). documented exposure details
- China accounted for 11.49% of Canada's merchandise imports (customs basis, calendar 2025). documented exposure details
- European Union accounted for 5.52% of Canada's merchandise exports (customs basis, calendar 2025). documented exposure details
- European Union accounted for 11.62% of Canada's merchandise imports (customs basis, calendar 2025). documented exposure details
- United Kingdom accounted for 6.0% of Canada's merchandise exports (customs basis, calendar 2025). documented exposure details
- United Kingdom accounted for 1.26% of Canada's merchandise imports (customs basis, calendar 2025). documented exposure details
- Japan accounted for 1.88% of Canada's merchandise exports (customs basis, calendar 2025). documented exposure details
- Japan accounted for 2.67% of Canada's merchandise imports (customs basis, calendar 2025). documented exposure details
- Mexico accounted for 1.14% of Canada's merchandise exports (customs basis, calendar 2025). documented exposure details
- Mexico accounted for 6.78% of Canada's merchandise imports (customs basis, calendar 2025). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 6.37% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 3.88% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 7.43% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 3.43% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 5.23% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 0.41% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 4.82% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 19.28% of employment in Newfoundland and Labrador in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 2.46% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 9.09% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 10.27% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 4.28% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 2.57% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 3.53% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 5.67% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 17.11% of employment in Prince Edward Island in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 2.1% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 6.65% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 8.35% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 5.75% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 4.6% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 0.69% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 7.09% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 16.43% of employment in Nova Scotia in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 1.9% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 8.24% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 7.92% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 4.96% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 4.76% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 1.46% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 5.65% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 16.83% of employment in New Brunswick in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 0.86% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 10.84% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 6.96% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 6.44% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 4.81% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 1.12% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 8.33% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 14.59% of employment in Quebec in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 0.54% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 9.99% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 7.02% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 8.73% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 5.08% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 0.79% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 11.07% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 12.42% of employment in Ontario in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 0.86% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 9.63% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 8.12% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 6.36% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 6.38% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 1.98% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 5.42% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 16.82% of employment in Manitoba in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 3.76% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 4.76% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 7.73% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 4.71% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 4.39% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 4.63% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 5.39% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 16.63% of employment in Saskatchewan in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 5.58% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 5.77% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 10.01% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 5.59% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 5.86% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 1.46% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 9.49% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 13.09% of employment in Alberta in 2025 (Labour Force Survey). documented exposure details
- Forestry, fishing, mining, quarrying, oil and gas accounted for 1.49% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Manufacturing accounted for 6.32% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Construction accounted for 8.9% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Finance, insurance, real estate, rental and leasing accounted for 6.43% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Transportation and warehousing accounted for 5.33% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Agriculture accounted for 0.55% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Professional, scientific and technical services accounted for 10.65% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Health care and social assistance accounted for 14.03% of employment in British Columbia in 2025 (Labour Force Survey). documented exposure details
- Correlation of 12-month change in the policy rate (percentage points) and 12-month change in Canadian housing starts: lag 0 months: r = -0.167 (n = 189); lag 3 months: r = -0.305 (n = 186); lag 6 months: r = -0.293 (n = 183); lag 12 months: r = -0.121 (n = 177). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the policy rate (percentage points) and the 12-month change in the CPI mortgage interest cost index: lag 0 months: r = 0.457 (n = 189); lag 3 months: r = 0.649 (n = 186); lag 6 months: r = 0.763 (n = 183); lag 12 months: r = 0.76 (n = 177). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the policy rate and 12-month change in the posted five-year conventional mortgage rate (both in percentage points): lag 0 months: r = 0.858 (n = 190); lag 3 months: r = 0.755 (n = 187); lag 6 months: r = 0.588 (n = 184); lag 12 months: r = 0.22 (n = 178). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the ten-year Government of Canada yield and 12-month change in the posted five-year conventional mortgage rate (percentage points): lag 0 months: r = 0.587 (n = 190); lag 3 months: r = 0.669 (n = 187); lag 6 months: r = 0.606 (n = 184); lag 12 months: r = 0.459 (n = 178). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the policy rate (percentage points) and the 12-month change in the new housing price index: lag 0 months: r = 0.114 (n = 189); lag 3 months: r = -0.06 (n = 186); lag 6 months: r = -0.198 (n = 183); lag 12 months: r = -0.341 (n = 177). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the policy rate (percentage points) and the 12-month change in the value of new residential building construction: lag 0 months: r = -0.207 (n = 104); lag 3 months: r = -0.4 (n = 104); lag 6 months: r = -0.474 (n = 104); lag 12 months: r = -0.294 (n = 104). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the WTI price and 12-month change in the value of crude oil exports: lag 0 months: r = 0.9 (n = 389); lag 3 months: r = 0.511 (n = 389); lag 6 months: r = 0.272 (n = 389); lag 12 months: r = -0.202 (n = 389). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the WTI price and the 12-month change in the CPI gasoline index: lag 0 months: r = 0.868 (n = 388); lag 3 months: r = 0.633 (n = 388); lag 6 months: r = 0.415 (n = 388); lag 12 months: r = -0.028 (n = 388). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in merchandise exports to the United States and 12-month change in manufacturing sales: lag 0 months: r = 0.908 (n = 344); lag 3 months: r = 0.531 (n = 341); lag 6 months: r = 0.291 (n = 338); lag 12 months: r = -0.123 (n = 332). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the Bank of Canada commodity price index and the 12-month change in the C$ price of a US dollar: lag 0 months: r = -0.635 (n = 105); lag 3 months: r = -0.284 (n = 106); lag 6 months: r = 0.022 (n = 106); lag 12 months: r = 0.402 (n = 106). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the US federal funds effective rate and 12-month change in the Bank of Canada policy rate (percentage points): lag 0 months: r = 0.934 (n = 191); lag 3 months: r = 0.836 (n = 191); lag 6 months: r = 0.642 (n = 191); lag 12 months: r = 0.15 (n = 191). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the US ten-year Treasury yield and 12-month change in the Government of Canada ten-year yield (percentage points): lag 0 months: r = 0.935 (n = 191); lag 3 months: r = 0.69 (n = 188); lag 6 months: r = 0.491 (n = 185); lag 12 months: r = 0.036 (n = 179). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details
- Correlation of 12-month change in the euro area AAA ten-year yield (ECB estimate) and 12-month change in the Government of Canada ten-year yield (percentage points): lag 0 months: r = 0.793 (n = 191); lag 3 months: r = 0.606 (n = 188); lag 6 months: r = 0.459 (n = 185); lag 12 months: r = 0.137 (n = 179). All four pre-specified lags are shown. This is an observed association, not a causal estimate. observed correlation details