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Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs. [32]
Timeline of Canadian history; List of years in Canada; Events from the year 2025 in Canada. Incumbents. The Crown. Monarch – Charles III [1] Federal government
The economy of Canada is a highly developed mixed economy, [33] [34] [35] the world's ninth-largest as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations, with a highly globalized economy. [36]
USD/CAD declined below the 20 EMA and is testing the support level at 1.2650.
USD/CAD failed to settle above the resistance at 1.2590 and pulled back towards the support at 1.2550.
USD/CAD is testing the resistance at 1.2625. For premium support please call: 800-290-4726 more ways to reach us
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.
The Consensus forecast for euro-area producer price inflation significantly outperforms the naïve forecast in the short-term. Finally, the Consensus forecast for the USD/EUR exchange rate during the period from 2002 to 2009 is more precise than the naïve forecast and the forecast implied by the forward rate." [12]