six quarterly U.S. bilateral real exchange rates Australia, Canada, the euro, Japan, New Zealand and the United Kingdom …

comprehensive picture of the effect of international shocks on the Canadian economy. Our findings indicate that Canada is primarily … prices impact the Canadian economy: Canada benefits from higher commodity prices through a positive terms of trade shock, but … the Canadian economy. We focus on several sources of shocks, including commodity prices, foreign economic activity, and …

levels. They focus primarily on papers written about Canada, but also draw on selected studies from other countries …