The Business Outlook Survey indicator in Canada rose to 1.29 in the fourth quarter of 2020, continuing its recovery from the near-record low levels of the summer and autumn surveys and signaling improved business sentiment. Although about half of firms reported that their current sales are below pre-pandemic levels, most firms expect sales to increase in the next 12 months as the economy recovers. Still, one-third of businesses, mostly those that provide high-contact services, do not anticipate sales to return to pre-pandemic levels in the next year. source: Bank of Canada
Business Climate Indicator in Canada averaged 0 points from 2003 until 2020, reaching an all time high of 3.05 points in the second quarter of 2018 and a record low of -8.19 points in the fourth quarter of 2008. This page provides - Canada Business Outlook Survey Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Business Outlook Survey Indicator - values, historical data and charts - was last updated on March of 2021.