The Ivey PMI for Canada rose to 54.2 in July 2019 from 52.4 in the prior month, beating market expectations of 53.0, amid increases in employment (56.6 from 52.7 in June) and prices (59.2 from 55.0). Meanwhile, inventories (46.9 from 50.9) and suppliers deliveries (46.0 from 48.9) went down. Business Confidence in Canada averaged 57.03 Index Points from 1999 until 2019, reaching an all time high of 75 Index Points in May of 2006 and a record low of 36.10 Index Points in January of 2009.

Business Confidence in Canada is expected to be 53.50 Index 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 55.80 in 12 months time. In the long-term, the Canada Business Confidence is projected to trend around 54.00 Index Points in 2020, according to our econometric models.

Canada Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-07 02:00 PM Ivey PMI s.a Apr 55.9 54.3 53 53.5
2019-06-06 02:00 PM Ivey PMI s.a May 55.9 55.9 56.7 54.7
2019-07-05 02:00 PM Ivey PMI s.a Jun 52.4 55.9 55.0 54
2019-08-07 02:00 PM Ivey PMI s.a Jul 54.2 52.4 53.0 51.8
2019-09-06 02:00 PM Ivey PMI s.a Aug
2019-10-04 02:00 PM Ivey PMI s.a Sep 53.5
2019-11-06 03:00 PM Ivey PMI s.a Oct


Canada Business Last Previous Highest Lowest Unit
Business Confidence 54.20 52.40 75.00 36.10 Index Points [+]
Manufacturing PMI 50.20 49.20 57.10 47.50 [+]
Industrial Production 2.14 -0.01 10.26 -14.52 percent [+]
Industrial Production Mom 0.59 1.06 3.33 -3.50 percent [+]
Manufacturing Production 3.05 1.50 11.77 -17.31 percent [+]
Capacity Utilization 80.90 81.80 87.30 72.70 percent [+]
New Orders 59459254.00 57494428.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 17717.00 13891.00 24252.00 -21563.00 CAD Million [+]
Bankruptcies 212.00 236.00 872.00 177.00 Companies [+]
Corporate Profits 85116.00 84400.00 97553.00 -758.00 CAD Million [+]
Car Registrations 189850.00 206821.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.20 0.30 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Wholesale Sales -1.80 1.60 6.90 -5.30 percent [+]
Steel Production 970.00 1150.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production -0.89 0.64 23.15 -16.41 percent [+]
Manufacturing Sales 1.60 -0.40 6.60 -9.20 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 81.00 82.00 92.00 81.00 Points [+]
Corruption Rank 9.00 8.00 14.00 5.00 [+]
Crude Oil Rigs 121.00 114.00 715.00 32.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


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. 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. Canada Business Confidence - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.20 52.40 75.00 36.10 1999 - 2019 Index Points Monthly




Country Last Previous
Australia 4.00 Jul/19
Brazil 57.40 Jul/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 113.50 Jun/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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