The Ivey PMI for Canada dropped to 57.2 in November of 2018 from 61.8 in the previous month and well below than market expectations of 60.3. Declines were seen in employment (54.1 from 54.3 in October); inventories (55 from 60.9) and supplier deliveries (40.8 from 43.8). Meanwhile, price pressures diminished (63.7 from 72.6). Business Confidence in Canada averaged 57.10 Index Points from 1999 until 2018, 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 59.00 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
2018-09-07 02:00 PM Ivey PMI s.a 61.9 61.8 61.4 59.83
2018-10-04 02:00 PM Ivey PMI s.a 50.4 61.9 62.3 61.5
2018-11-07 03:00 PM Ivey PMI s.a 61.8 50.4 50.9 51.1
2018-12-06 03:00 PM Ivey PMI s.a 57.2 61.8 60.3 60.8
2019-01-07 03:00 PM Ivey PMI s.a 57.2 59
2019-02-06 03:00 PM Ivey PMI s.a
2019-03-06 03:00 PM Ivey PMI s.a


Canada Business Last Previous Highest Lowest Unit
Business Confidence 57.20 61.80 75.00 36.10 Index Points [+]
Manufacturing PMI 54.90 53.90 57.10 47.50 [+]
Industrial Production 2.76 2.89 11.37 -15.24 percent [+]
Industrial Production Mom 0.14 0.58 3.36 -3.49 percent [+]
Manufacturing Production 3.32 2.80 12.88 -17.31 percent [+]
Capacity Utilization 82.60 84.10 87.30 72.70 percent [+]
New Orders 58830069.00 59036207.00 62768223.00 14816411.00 CAD THO [+]
Changes in Inventories 6608.00 13540.00 21415.00 -18847.00 CAD Million [+]
Bankruptcies 210.00 209.00 872.00 177.00 Companies [+]
Corporate Profits 85053.00 76692.00 85053.00 -758.00 CAD Million [+]
Car Registrations 177825.00 185214.00 220436.00 19807.00 Units [+]
Leading Economic Index -0.10 0.10 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 1160.00 1120.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production 5.46 4.61 21.12 -16.33 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 82.00 82.00 92.00 81.00 Points [+]
Corruption Rank 8.00 9.00 14.00 5.00 [+]
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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.20 61.80 75.00 36.10 1999 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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