CAD has a very high correlation with oil prices, according to [1] it&#x27;s 0.78.<p>[1] <a href="http:&#x2F;&#x2F;www.investopedia.com&#x2F;articles&#x2F;investing&#x2F;021315&#x2F;how-why-oil-impacts-canadian-dollar-cad.asp" rel="nofollow">http:&#x2F;&#x2F;www.investopedia.com&#x2F;articles&#x2F;investing&#x2F;021315&#x2F;how-wh...</a>