The Business Outlook Survey indicator in Canada rose to 4.17 in the second quarter of 2021 from an upwardly revised 2.95 in the previous period. It was the highest reading on records, signalling both low base year effects, as comparisons are drawn from business conditions of a year earlier, and broadening positive sentiment, with most firms saying the uncertainty related to the pandemic was gone. There were no records of deterioration in sales performance and an unprecedented number of companies showed improved indicators of future sales, although sales in 4 out of 10 businesses were still below pre-pandemic levels. Plans to invest and increase staff levels were widespread as firms prepared to meet an unexpected rise in demand, while capacity and labor shortage pressures were also higher. source: Bank of Canada

Business Climate Indicator in Canada averaged 0 points from 2003 until 2021, reaching an all time high of 4.17 points in the second quarter of 2021 and a record low of -8.24 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 July of 2021.

Business Climate Indicator in Canada is expected to be 3.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Canada Business Outlook Survey Indicator

Actual Previous Highest Lowest Dates Unit Frequency
4.17 2.95 4.17 -8.24 2003 - 2021 points Quarterly

Canada Business Last Previous Highest Lowest Unit
Business Confidence 71.90 64.70 75.00 22.80 points [+]
Manufacturing PMI 56.50 57.00 58.50 33.00 points [+]
Industrial Production 18.28 2.35 18.28 -20.15 percent [+]
Industrial Production Mom -0.30 1.30 6.20 -15.30 percent [+]
Manufacturing Production 32.70 5.30 32.70 -29.00 percent [+]
Capacity Utilization 81.70 79.70 87.30 71.90 percent [+]
New Orders 54137642.00 56977392.00 62845337.00 14816411.00 CAD THO [+]
Changes in Inventories -8463.00 -287.00 29175.00 -37149.00 CAD Million [+]
Bankruptcies 155.00 148.00 872.00 108.00 Companies [+]
Corporate Profits 100719.00 85302.00 109413.00 -758.00 CAD Million [+]
Car Registrations 151912.00 166709.00 220436.00 19807.00 Units [+]
Leading Economic Index -0.30 1.30 6.10 -11.20 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 1070.00 885.00 1534.00 349.00 Thousand Tonnes [+]
Wholesale Sales 0.50 0.40 19.30 -22.00 percent [+]
Manufacturing Sales -0.60 -1.70 23.10 -27.90 percent [+]
Mining Production 13.18 0.23 24.92 -18.42 percent [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Business Climate Indicator 4.17 2.95 4.17 -8.24 points [+]
Crude Oil Rigs 103.00 59.00 715.00 18.00 [+]
Corruption Index 77.00 77.00 92.00 77.00 Points [+]
Corruption Rank 11.00 12.00 14.00 5.00 [+]
Ease of Doing Business 23.00 22.00 23.00 8.00 [+]


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.