Canada's CFIB's Business Barometer long-term index, fell by 3.3 points to 61.6 in May of 2022, which indicates a moderation in the level of optimism regarding the 12-month business outlook to the lowest level since last January. The steepest drops in optimism came from business owners in Ontario and Nova Scotia, followed by British Columbia and Quebec. Across economic sectors, the moderation was broad based. The 3-month outlook index fell almost 2 points to 58.8. source: CFIB - Canadian Federation of Independent Business

Small Business Sentiment in Canada averaged 61.92 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 May of 2022.

Small Business Sentiment in Canada is expected to be 61.00 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 54.00 points in 2023, according to our econometric models.

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Canada CFIB Business Barometer



Related Last Previous Unit Reference
Small Business Sentiment 61.60 64.90 points May 2022
Wholesale Sales 0.20 0.30 percent Apr 2022

Canada CFIB Business Barometer
CFIB’s Business Barometer tracks small business confidence, expectations and operating conditions in Canada. It was revised as of the May 2009 issue. It is based on the same survey question on 12-month future business performance expectations collected annually 1987-2000, quarterly 2001-2008 and monthly since late 2008. The index is a weighted average of response scores: 100 for stronger performance, 50 for same performance, and 0 for weaker performance. The data are not seasonally adjusted.
Actual Previous Highest Lowest Dates Unit Frequency
61.60 64.90 74.07 30.84 2000 - 2022 points Monthly
NSA

News Stream
Canada Small Business Morale at 4-Month Low
Canada's CFIB's Business Barometer long-term index, fell by 3.3 points to 61.6 in May of 2022, which indicates a moderation in the level of optimism regarding the 12-month business outlook to the lowest level since last January. The steepest drops in optimism came from business owners in Ontario and Nova Scotia, followed by British Columbia and Quebec. Across economic sectors, the moderation was broad based. The 3-month outlook index fell almost 2 points to 58.8.
2022-05-26
Canada Small Business Morale Deteriorates in April
Canada's CFIB's Business Barometer long-term index, based on a 12-month business outlook, fell by 0.4 points to 64.9 in April of 2022. Long-term optimism improved to a lesser degree than the short-term one, with business owners in Manitoba and Quebec remaining relatively less confident for the long-term than elsewhere in the country. Based on a 3-month outlook, the short-term index gained 0.7 points to 60.8.
2022-04-28
Canada Small Business Morale at 7-Month High
Canada's CFIB's Business Barometer long-term index, based on a 12-month business outlook, rose by 2 points to 65.1 in March of 2022. Long-term optimism saw significant increases in Central Canada (Ontario at 67.2), Eastern Canada (Nova Scotia at 66.7 and PEI at 64.6), as well as Western Canada (Alberta at 62.1). The general business health indicator remained positive, with 34% of business owners reporting good business health, while price or wage increases have seen small upward movements. Still, fuel and energy prices have seen the most significant upwards trend reaching 72%. Meantime, the short-term index, based on a 3-month outlook, gained 6 points to 60.2, the highest level since pre-pandemic.
2022-03-31