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.