Canada’s CFIP Business Barometer long-term optimism index, which is based on a 12-month outlook, fell to 50 in November of 2022 from a downwardly revised 51.2 in the previous month, indicating that there are an equal number of entrepreneurs feeling pessimistic as there are optimistic. It was the first period without general optimism since April 2020, with agriculture, retail, and financial service sectors recording the most pessimistic views for the longer run. In aggregate, staffing plans deteriorated from the prior month, and capital expenditure plans remained lower than those from before the pandemic. In the meantime, plans to increase future prices eased slightly from the preceding month but remained positive, while the outlook on wage levels accelerated. source: CFIB - Canadian Federation of Independent Business
Small Business Sentiment in Canada averaged 61.66 points from 2000 until 2022, reaching an all time high of 74.07 points in April of 2002 and a record low of 30.84 points in March of 2020. This page provides - Canada CFIB Business Barometer Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada CFIB Business Barometer - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Small Business Sentiment in Canada is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada CFIB Business Barometer is projected to trend around 55.00 points in 2023, according to our econometric models.