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THE CANADIAN ECONOMY AND COMMODITY PRICES

The Canadian Economy and Commodity Prices

Study Released November 24, 2014

Commodity Report - Crude Oil - October 2014

Much has been written on the low price of oil and current state of global oil supply and demand. OPEC meets on November 27th in Vienna to discuss the cartel’s response to the falling oil price. OPEC’s decision to cut or not to cut their members’ crude production has the potential to impact world oil prices, so a detailed discussion of where prices are headed is perhaps premature. Instead, this article will focus on examining the effect of current commodity prices and the exchange rate on the Canadian economy..... Download full report.

October 2014