translate English to French: More recently (2002–2006), Canada's standard of living has increased faster than that of the US.18 An important underlying factor was the takeoff in commodity prices after 2002 and the consequent improvement in Canada's terms of trade.
La flambée des prix des produits de base et l’amélioration subséquente de la position canadienne en matière d’échanges commerciaux ont été un important facteur sous-jacent.