Canada Business Confidence - Forecast

Business Confidence in Canada is expected to be 61.47 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 61.37 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.


Forecast Data Chart
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Canada Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 61.9 61.47 53 61.38 61.37 52
Manufacturing PMI 56.8 54 55 56.81 56.8 52
Industrial Production 3.6 3.91 1.9 3.82 3.82 0.9
Industrial Production Mom 0.53 0.19 0.7 0.13 0.13 0.5
Manufacturing Production 2.32 2.1 0.9 2.02 1.99 0.7
Capacity Utilization 85.5 85.7 85 85.2 85 83
New Orders 59629282 59760784 59617760 59648809 59633968 59638036
Changes in Inventories 14112 11661 10016 8984 8447 8248
Bankruptcies 196 216 220 218 219 219
Corporate Profits 76692 77678 64200 77455 77314 70100
Car Registrations 179587 156323 160726 181701 171948 171422
Leading Economic Index 0 0.2 0.1 0.18 0.18 0.2
Internet Speed 16206 19160 19635 20107 20573 24998
IP Addresses 15582991 16212180 16349225 16540539 16644885 17626330
Steel Production 1020 1048 1060 1067 1071 1076
Mining Production 6.38 6.66 1 6.67 6.67 1.3
Competitiveness Index 5.35 5.28 5.34 5.32 5.33 5.47
Competitiveness Rank 14 14 13 14 14 9
Corruption Index 82 82 85 82 82 87
Corruption Rank 8 8 8 7 7 5
Ease of Doing Business 18 22 20 23 23 14