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  • Articles and reports: 36-28-0001202300600002
    Description: As a small open economy, Canada’s price level is vulnerable to external factors that affect import prices such as geopolitical risks, exchange rate variations, global supply constraints, etc. As a large portion of consumption and inputs used in production are imported, rise in import prices will push up consumption prices and production costs as well, and hence may lead to higher inflation. This article aims at examining to what extent the current high inflation in Canada is impacted by the rise in import prices, and then examining what drive the rise in import prices.
    Release date: 2023-06-28

  • Table: 65-208-X
    Description:

    This product reviews international merchandise trade data from an annual perspective, exploring the effect of economic shocks and the trade relationship with Canada's principal trading partners.

    Tables and graphs detail imports, exports and trade balances between Canada and major trading blocs and by major commodity trade sectors.

    Release date: 2012-04-04
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  • Table: 65-208-X
    Description:

    This product reviews international merchandise trade data from an annual perspective, exploring the effect of economic shocks and the trade relationship with Canada's principal trading partners.

    Tables and graphs detail imports, exports and trade balances between Canada and major trading blocs and by major commodity trade sectors.

    Release date: 2012-04-04
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Analysis (1) ((1 result))

  • Articles and reports: 36-28-0001202300600002
    Description: As a small open economy, Canada’s price level is vulnerable to external factors that affect import prices such as geopolitical risks, exchange rate variations, global supply constraints, etc. As a large portion of consumption and inputs used in production are imported, rise in import prices will push up consumption prices and production costs as well, and hence may lead to higher inflation. This article aims at examining to what extent the current high inflation in Canada is impacted by the rise in import prices, and then examining what drive the rise in import prices.
    Release date: 2023-06-28
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