TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
DOLLAR COMMODITY [1 record]
Record 1 - internal organization data 2010-04-23
Record 1, English
Record 1, Subject field(s)
- Market Prices
- Foreign Trade
- Domestic Trade
Record 1, Main entry term, English
- world commodity price
1, record 1, English, world%20commodity%20price
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
Because Canada is a large producer and net exporter of resource-based goods, the Canadian dollar is often referred to as a commodity-based currency. In other words, the value of the Canadian dollar is correlated to the strength of world commodity prices. When world commodity prices are high, then resource-based industries in Canada are more profitable, making the Canadian economy stronger and thus attracting investment and placing upward pressure on the Canadian dollar. When commodity prices fall, they undercut revenues for resource-based firms, eroding profits, dampening the domestic economy and pushing down the Canadian dollar. 1, record 1, English, - world%20commodity%20price
Record number: 1, Textual support number: 1 OBS
world commodity price: term usually used in the plural. 2, record 1, English, - world%20commodity%20price
Record 1, Key term(s)
- world commodity prices
Record 1, French
Record 1, Domaine(s)
- Prix (Commercialisation)
- Commerce extérieur
- Commerce intérieur
Record 1, Main entry term, French
- cours mondial des produits de base
1, record 1, French, cours%20mondial%20des%20produits%20de%20base
correct, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- prix mondial des produits de base 2, record 1, French, prix%20mondial%20des%20produits%20de%20base
correct, masculine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 OBS
Comme le Canada est un producteur et exportateur net important de produits à base de matières premières, on dit souvent que le dollar canadien est une devise tributaire des produits de base : sa valeur est liée à la force du cours mondial de ces produits. Lorsque celui-ci est élevé, les industries primaires canadiennes réalisent de meilleurs bénéfices, ce qui renforce l'économie et, par conséquent, attire les investisseurs et fait monter le dollar. Lorsque le cours des produits de base tombe, les recettes du secteur primaire s'amenuisent, ses bénéfices diminuent, l'économie ralentit et le dollar canadien baisse. 1, record 1, French, - cours%20mondial%20des%20produits%20de%20base
Record number: 1, Textual support number: 2 OBS
cours mondial des produits de base; prix mondial des produits de base : termes habituellement utilisés au pluriel. 3, record 1, French, - cours%20mondial%20des%20produits%20de%20base
Record 1, Key term(s)
- cours mondiaux des produits de base
- prix mondiaux des produits de base
Record 1, Spanish
Record 1, Textual support, Spanish
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