Canada OECD CLI

OECD Composite Leading Indicator for Canada; amplitude-adjusted monthly index normalized to 100 on trend. Tracks commodity-cycle turning points in tandem with US.

Canada OECD CLI is part of the OECD Composite Leading Indicators category. The OECD CLI condenses dozens of forward-looking inputs (order books, business surveys, term spreads, share prices) into a single index normalized to 100. Cross-country comparisons reveal whether a downturn is local or global, and the U.S. CLI has historically peaked 6-9 months before recessions. Paired with IMF WEO staff forecasts for real GDP growth and current account balances across 20 economies, the leading-indicator suite gives a more robust turning-point signal than any single country in isolation.

Canada OECD CLI is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.

Convex sources Canada OECD CLI data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.

The Canada OECD CLI page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.