The Business Outlook Survey indicator in Canada rose to 2.87 in the first quarter of 2021 from 1.29 in the previous three-month period. It was the highest reading since the second quarter of 2018, signalling further improvement in business sentiment. Firms reported less uncertainty related to the COVID-19 pandemic and strengthening demand from weak levels a year ago. Nearly two-thirds of firms indicated their sales have reached or exceeded pre-pandemic levels, an increase from the winter survey and a sign that the recovery is broadening further. Half of businesses reported that the second wave of containment measures and lockdowns had a smaller or no adverse impact on their sales compared with the first wave, largely because they themselves and their customers have adapted to the evolving crisis. Still, the recovery remains uneven, with firms tied to high-contact services facing ongoing challenges. source: Bank of Canada

Business Climate Indicator in Canada averaged 0 points from 2003 until 2021, reaching an all time high of 2.97 points in the second quarter of 2018 and a record low of -8.23 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 May of 2021.

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Canada Business Outlook Survey Indicator

Actual Previous Highest Lowest Dates Unit Frequency
2.87 1.30 2.97 -8.23 2003 - 2021 points Quarterly

Canada Business Last Previous Highest Lowest Unit
Business Confidence 72.90 60.00 75.00 22.80 points [+]
Manufacturing PMI 57.20 58.50 58.50 33.00 points [+]
Industrial Production -1.92 -3.15 10.26 -20.21 percent [+]
Industrial Production Mom 1.70 0.50 6.20 -15.40 percent [+]
Manufacturing Production -1.25 -4.42 11.77 -29.17 percent [+]
Capacity Utilization 79.20 77.40 87.30 71.40 percent [+]
New Orders 54410588.00 58248895.00 62845337.00 14816411.00 CAD THO [+]
Changes in Inventories 1721.00 -36808.00 29175.00 -36808.00 CAD Million [+]
Bankruptcies 157.00 129.00 872.00 108.00 Companies [+]
Corporate Profits 82529.00 76478.00 109413.00 -758.00 CAD Million [+]
Car Registrations 118542.00 96475.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.40 0.70 6.20 -11.40 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 0.90 -0.70 18.50 -21.50 percent [+]
Steel Production 1070.00 885.00 1534.00 349.00 Thousand Tonnes [+]
Crude Oil Rigs 108.00 171.00 715.00 18.00 [+]
Corruption Index 77.00 77.00 92.00 77.00 Points [+]
Corruption Rank 11.00 12.00 14.00 5.00 [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Business Climate Indicator 2.87 1.30 2.97 -8.23 points [+]
Ease of Doing Business 23.00 22.00 23.00 8.00 [+]
Manufacturing Sales 3.50 -1.60 23.10 -27.90 percent [+]
Mining Production -2.34 -3.79 24.92 -18.40 percent [+]


Canada Business Outlook Survey Indicator
The Business Outlook Survey summarizes interviews conducted by the Bank’s regional offices with the senior management of about 100 firms selected in accordance with the composition of the gross domestic product of Canada’s business sector. The balance of opinion can vary between +100 and -100.