Canada (CAD, Dollar) Economic & Currency Analysis

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Long Term Stock Rating

Technical Analysis / Charts

Investor Survey (help)

Canada's Economic Freedom Ranking?
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Govt Transparency & Stability?
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Economic Diversity & Opportunities?
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SWOT Strengths > SWOT Weaknesses?
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SWOT Opportunities > SWOT Threats?

Survey Resources (help)

Canada's Transparency Rankings
Economic Freedom Results
Canada's Quality of Life Ranking
Calendar of Important Economic News
Global Innovation Index

Canada ETF Funds

Canada ETF Fund (EWC)

Canada (CAD, Dollar) Currency Research Report

Canada Export Partners

Positive for Investment Growth (SWOT)

Negative for Investment Growth (SWOT)

Industry & Commodity Exports

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Canada (CAD) Country Profile

Canada is the world’s second largest country by total area. It is a federation, made up of ten provinces and three territories. The etymology of Canada comes from a St. Lawrence Iroquoian word, kanata, meaning "village" or "settlement". Queen Elizabeth II serves as sovereign and head of state, while most royal duties are carried out by her representative, the Governor General of Canada. Canada is an industrial nation, with highly developed science and technology sectors, notably ranks third in the world for aerospace sciences. It ranks high on the Heritage Foundation’s index of economic freedom (above the U.S. and many Western European nations) and is among the wealthiest nations in the world. Canada has a diverse array of exports; wheat, canola, zinc, uranium, natural gas and petroleum. Canada is home to the Athabasca Oil Sands, the second largest oil reserve, right behind Saudi Arabia.

Canada Country Flag Image & Analysis

Canada Country & Currency Analysis Research Report (edit / improve) Canada (CAD) has a capitalist, service-based, economy and is one of the wealthiest countries in the world. The services and materials industry are the two main employers. Canada's Fundamental Currency Analysis (short term investment): the Canadian dollar has the potential to decrease in value especially if export markets for materials do not perform well. Canada's Value Investor Survey (short term investment): the economic environment is very favorable for long term economic growth due to high scores on economic freedom and SWOT strengths. Canada's General Trading Partners: China, UK, Japan, Mexico and the US are Canada’s top trading partners, while the leading exports are energy and materials. Canada's Commodity Trading Partners: Canada has the capacity to produce a significant amount of crude oil. Other commodities include Uranium, lumber, zinc, and nickel. SWOT Analysis of Canada: The Leading Canadian strengths include Canada’s free trade policy, oil reserves, and universal health system. Canada's Currency Trading Strategy: An overvalued currency and low investment flow potential are negatives, while the favorable business environment is a significant positive. Canada’s potential is neutral. For our entire list of country & currency analysis, see the Country & Currency Analysis home page.

Investment Impacts (help)

USA Country Flag Image & Analysis

USA Country & Currency Research Report (edit / improve) The United States (US) has a highly productive, capitalist economy and is the largest and most diverse market in the world. USA's Fundamental Currency Analysis (short term investment): the US dollar (USD) has the potential to increase in value especially versus the Australian and Canadian dollar because of the significant potential of undervalued companies. USA's Value Investor Survey (short term investment): the economic environment is very favorable for long term economic growth due to high scores on economic freedom and economic diversity. USA's General Trading Partners: China, Japan, Mexico, and Canada are the top US trading partners, while the leading export and import are electrical machinery and vehicles, respectively. USA's Commodity Trading Partners: The US produces a significant amount of coal and wheat for use at home and as an export. However, the US consumes a larger amount of oil, which contributes to their trade deficit. SWOT Analysis of USA: The leading US strength is its entrepreneurial culture, while the main weakness is high health care cost. Energy independence has the opportunity to propel growth, while the major threat is the housing crisis, which will lower growth. USA's Currency Trading Strategy: An undervalued currency, high investment flow potential and favorable business environment lead to a positive outlook for US investments, which will also benefit from positive international actions. For our entire list of country & currency analysis, see the Country & Currency Analysis home page.

Number one trading partner and regional neighbor. A recession in the US, usually causing a recession in Canada. The relationship between the two countries is vital.

Energy Industry Buy, Sell, Hold Indicator

Energy Industry Research & Analysis (edit / improve) The energy industry includes companies whose sales derive from the production and sale of energy related products and services such as the extraction, manufacturing, refining, and distribution of energy. Energy Value Investing Conclusion Based on WikiWealth's Wall Street analysis, this industry is a Buy, with strong potential for short term gains. The Main Street analysis says a Hold, with SWOT strengths great than weaknesses, but SWOT opportunities less than threats. Significant threats include the curtailment of energy use for environmental reasons. Energy Trade Hubs: Some of the main energy hubs include Saudi Arabia, Canada, Mexico, and Russia while the main energy commodities include coal, ethanol, gasoline, natural gas, crude oil, heating oil, palm oil, propane, and uranium. Energy Trading Strategy: Energy investments tend to be very sensitive to commodity prices. Speculation and market manipulation by governments affect the energy market, therefore, cautiously invest in companies with significant potential. Upward sloping stock charts and financial news may indicate a selling opportunity while the opposite means that stocks are becoming undervalued. For our entire list of industry research reports, including trends, statistics and ratios, click here: Industry Research & Analysis Home Page.

Canada is a net exporter of energy, especially to the US. Energy exports bring in foreign direct investments, which benefit companies and increases the value of Canada's
currency.

Uranium Commodity Research & Analysis Image

Uranium Commodity Research & Analysis Report (edit / improve) Uranium has two main uses: 1. as a military weapon used to penetrator armor; 2. as a power source used in nuclear plants. Uranium Fundamental Commodity Analysis (short term investment): Uranium is rated a Hold, because there is not enough data to indicate the proper rating. Uranium suppliers have low potential to increase in value. Uranium Value Investor Survey (long term investment): Uranium’s long term growth potential is very favorable due to high scores on sensitivity to price changes and difficulty to expand in the short term. Uranium SWOT Analysis: Strength: Uranium is the main fuel for nuclear power plants, which are expected to grow over the long term; Weakness: nuclear waste is a negative effect of using uranium fuel. Uranium Trade Analysis: A very favorable investor survey means uranium should increase in price over the long term. For our entire list of commodities, see the Commodity Research & Analysis home page.

Nuclear power does not emit carbon, therefore, it is important to the future of the low emission proposals around the global. The world's largest polluter is the US, so Canada has a willing and able buying of uranium.