The Ivey PMI for Canada rose to 57.3 in January 2020 from 51.9 in the previous month, beating market expectations of 53.3. Supplier deliveries (52.7 vs 49.3 in December) and prices (60.7 vs 59.5) increased, while inventories (50.4 vs 52.5) and employment (51.3 vs 51.4) declined. Canada Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Canada averaged 56.97 points from 1999 until 2020, reaching an all time high of 75 points in May of 2006 and a record low of 36.10 points in January of 2009. This page provides the latest reported value for - Canada Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Richard Ivey School of Business

Business Confidence in Canada is expected to be 57.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Canada to stand at 52.00 in 12 months time. In the long-term, the Canada Business Confidence is projected to trend around 54.00 points in 2021, according to our econometric models.


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Canada Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
57.30 51.90 75.00 36.10 1999 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 03:00 PM Oct 48.2 48.7 0.8 53
2019-12-05 03:00 PM Nov 60.0 48.2 53.8 48.6
2020-01-07 03:00 PM Dec 51.9 60 53.8 56
2020-02-07 03:00 PM Jan 57.3 51.9 53.3 52.3
2020-03-06 03:00 PM Feb 57.3 56
2020-04-07 02:00 PM Mar 55
2020-05-07 02:00 PM Apr
2020-06-05 02:00 PM May


News Stream
Canada Business Morale Beats Estimates in January
The Ivey PMI for Canada rose to 57.3 in January 2020 from 51.9 in the previous month, beating market expectations of 53.3. Supplier deliveries (52.7 vs 49.3 in December) and prices (60.7 vs 59.5) increased, while inventories (50.4 vs 52.5) and employment (51.3 vs 51.4) declined.
2020-02-07
Canada Ivey PMI Index Drops in December
The Ivey PMI for Canada fell to 51.9 in December 2019 from 60 in the previous month and missing market forecasts of 53.8. Decreases were seen in the sub-indexes of inventories (52.5 vs 59.1 in November) and supplier deliveries (49.3 vs 52.7) while those for employment (51.4 vs 50.3) and prices (59.5 vs 54.9) went up.
2020-01-07
Canada Business Sentiment Improves in November
The Ivey PMI for Canada rose to 60 in November 2019 from 48.2 in the previous month and beating market forecasts of 53.8. Inventories (59.1 from 45.6 in October); employment (50.3 from 47.2); and supplier deliveries (52.7 from 45.1) increased; while prices dropped (54.9 from 57).
2019-12-05
Canada Business Morale Falls to Over 4-1/2-Year Low
The Ivey PMI for Canada fell to 48.2 in October 2019 from 48.7 in the previous month, well below market forecasts of 54.4 and reaching its lowest level since March 2015. Inventories (45.6 from 50.5 in September); employment (47.2 from 49.6); and supplier deliveries (45.1 from 50.2) dropped; while prices increased (57 from 56.9).
2019-11-06

Canada Business Confidence
The Ivey Purchasing Managers Index (PMI) is an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, and is prepared by the Ivey Business School at Western University. The PMI includes both the public and private sectors and is based on month end data Ivey PMI panel members indicate whether their organizations activity is higher than, the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices.A headline value above 50 indicates an increase in purchases from the previous month and a value below 50 indicates a decrease.