2 -0.50 88 90 92 94 96 98 00 02 04 06 08 10 12 Source: Deutsche Bank, Haver -0.10 Figure 17: BoC Non-Energy Commodity Price Index (Nominal) and CAD/USD 0.60 0.65 0.70 0.75 0.80 0.85 0.90 0.95 1.00 1.05 CAD (lhs) BoC Non-Energy Commodity Price Index (rhs) 100 200 300 400 500 EFTA0146