The Ivey PMI for Canada stood at 55.9 in May 2019, unchanged from the previous month and below market expectations of 56.7. Supply deliveries (52.4 from 48.7 in April), employment (55.1 from 53.7) and inventories (53.1 from 46.4) increased. Meantime, price pressures strengthened (59.5 from 58.9). Business Confidence in Canada averaged 57.06 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 52.00 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 57.00 in 12 months time. In the long-term, the Canada Business Confidence is projected to trend around 52.00 Index Points in 2020, according to our econometric models.

Canada Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-06 03:00 PM Ivey PMI s.a 50.6 54.7 55.1 53
2019-04-04 02:00 PM Ivey PMI s.a 54.3 50.6 51.1 50.4
2019-05-07 02:00 PM Ivey PMI s.a 55.9 54.3 53 53.5
2019-06-06 02:00 PM Ivey PMI s.a 55.9 55.9 56.7 54.7
2019-07-05 02:00 PM Ivey PMI s.a 55.9 52
2019-08-07 02:00 PM Ivey PMI s.a
2019-09-06 02:00 PM Ivey PMI s.a


Canada Business Last Previous Highest Lowest Unit
Business Confidence 55.90 55.90 75.00 36.10 Index Points [+]
Manufacturing PMI 49.10 49.70 57.10 47.50 [+]
Industrial Production 0.32 -0.58 10.26 -14.52 percent [+]
Industrial Production Mom 0.82 -0.66 3.33 -3.50 percent [+]
Manufacturing Production 1.73 0.83 11.77 -17.31 percent [+]
Capacity Utilization 80.90 81.80 87.30 72.70 percent [+]
New Orders 58084236.00 57241804.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 17717.00 13891.00 24252.00 -21563.00 CAD Million [+]
Bankruptcies 278.00 281.00 872.00 177.00 Companies [+]
Corporate Profits 85116.00 84400.00 97553.00 -758.00 CAD Million [+]
Car Registrations 185390.00 186515.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.50 -0.20 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 [+]
Steel Production 1120.00 1150.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production -5.36 -4.79 23.15 -16.41 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 70.00 66.00 715.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.90 55.90 75.00 36.10 1999 - 2019 Index Points Monthly




Country Last Previous
Australia 7.00 May/19
Brazil 56.50 May/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 104.00 May/19
Germany 97.90 May/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 98.90 May/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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