The USD/CAD exchange rate rose to 1.3590 on July 4, 2025, up 0.11% from the previous session. Over the past month, the Canadian Dollar has strengthened 0.63%, and is up by 0.38% over the last 12 months. Canadian Dollar - values, historical data, forecasts and news - updated on July of 2025.

Monthly sales of grocery and convenience retailers in Canada hit a high of 10.33 billion Canadian dollars in March 2020, an increase of over two billion compared to the previous month. The spread of coronavirus in early March 2020 and consequent panic buying can explain this jump in sales. By November 2023, grocery store sales amounted to around 9.4 billion Canadian dollars.

Canadian in-store and online shopping

As of December 2022, there were nearly 16,000 grocery stores located across Canada, signaling an ongoing demand for brick-and-mortar grocery stores, despite the rise of e-commerce in the Canadian retail sector. According to a recent survey, nearly 90 percent of surveyed Canadians stated that they spend more on groceries bought in-store than online. Nevertheless, many Canadian shoppers had bought groceries online for the first time in 2020, mainly because of concerns about the coronavirus and the fact that it was convenient to do so.

Leading grocery retailers

In the 2019/20 fiscal year, Loblaw Cos. Ltd. was the leading food retailer in Canada, with a grocery sales value of around 50.31 billion Canadian dollars. Sobeys Inc. and Metro Inc. ranked second and third, with sales of approximately 25.14 and 11.79 billion Canadian dollars, respectively.

Pressures from external competition from banks offering foreign exchange services have limited growth. More foreign currency exchange houses provide services to financial institutions by participating in the supply chain of foreign exchange, supplying banks with banknotes wholesale, or providing the service directly as an outsourced agent. Alongside favorable economic trends during the majority of the five years and the proliferation of online services, operators have expanded demand by extending the reach of their services. In addition, the significant jump in the inbound international travel and international trips by Canadian residents has contributed to boosting industry revenue. Overall, revenue has climbed at a CAGR of 3.1% to $296.4 million over the past five years, including an expected decrease of 1.3% in 2025 alone. Industry profit has climbed to 1.1% of revenue in 2025 due to the growth in travel. Traditional brick-and-mortar locations have benefited from growing inbound international travel that has expanded demand for foreign exchange services in airports and urban centres during most of the period; however, the adverse effects of the pandemic have still played a significant role throughout the reporting period. The growing number of operators offering online services through platforms has expanded the reach of companies, which has increased demand to benefit the industry. The proliferation of foreign currency exchange houses offering online platforms for their services is expected to continue alongside the growth of foreign exchange services for financial institutions. In addition, traditional branch locations are expected to expand due to increased travel patterns and improve economic growth in Canada and globally. However, heavy external competition from financial institutions is unlikely to weaken and will continue to pressure revenue. Overall, revenue is expected to decline at a CAGR of 0.2% to $293.3 million over the five years to 2030.

Barrick Gold Corp had a market capitalization of 62.5 billion Canadian dollars in October 2020. This was a considerable jump from the Canadian gold mining company's market cap in April 2019, which was 24.09 billion Canadian dollars.

Inflation Rate in Canada remained unchanged at 1.70 percent in May. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the total value of oil cake imports to the Middle East and North Africa (MENA) reached approximately 3.69 billion Canadian dollars. This was the biggest increase in oil cake imports to the region, jumping by 666 billion CAD over the previous year, and culminating in its peak during the period from 2019 to 2023.