Canada
"The Country's economy is dominated by the service industry, which employs about three quarters of Canadians. Canada has the fourth highest total estimated value of natural resources which comprise of iron ore, nickel, zinc, copper, gold, lead, molybdenum, potash, silver, fish, timber, wildlife, coal, petroleum, and natural gas. It exports motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment

Descreptive Data

Unemployment, %5.6
Ages 15-24 Population Ratio, %56.297
Population Over 65, %24.1
Net Migration Rate1100000
EIU Country Risk Score19
Fitch Sovereign RatingAAA
S&P Sovereign RatingAAA
Moody's Sovereign RatingAaa
Big Mac Index5.07

Economic Data

2015201620172018
Ability to Pay
Budget Surplus/def (%GDP)0.1%-0.05%-0.9%-0.9%
Currency Reserves ex Gold (BLN USD)808387
GDP per Capita (USD)43350422254509546733
GDP Value (BLN USD)1492156717081715
Real GDP YOY%0.4%1.5%3%2.1%
Reserves 1Y Chg (%)6.9%3.8%4.8%
Total External Debt (%GDP)99%99%90%
Total External Debt (BLN USD)147115581532
Inflation (Risk)
CPI (yoy %)1.1%1.4%1.6%
Trade Balance
Current Account (% of GDP)-3.6%-3.2%-2.8%
Exports (BLN USD)408385421
Imports (BLN USD)445427457
Unemployment Rate
Unemployment (%)7.1%6.8%5.9%5.6%

Financial Data

2015201620172018
Credit Market (Risk)
10Y Bond Spread (10Y UST)1.41.722
5Y CDS
Equity & Banking Sector (Risk)
1Y Price Change (%) (SPTSX Index)-11%18%6%-12%
EIU Banking Risk201819
Foreign Exchange (Risk)
3 Month Deposit (%)0.6%0.7%1.4%1.9%
FX Vol - 3M Implied Vol9.19.377.7
Historical 3M Volatility8.18.176.5
Real Effective Exchange Rate78818483
Real Rates (%)-0.5%-0.8%-0.2%

Political Risk

2015201620172018
Political Risk Exposure
EIU Political Risk11710
Risk From Doing Business
Ease of Doing Business Rank13202218
Starting a Business Rank5222
Risk From Government
WGI Control Of Corruption1.921.9
WGI Govt Effectiveness1.81.81.9
WGI Regulatory Quality1.71.71.9
WGI Rule Of Law1.81.81.8
Deviation of Canada's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk