Canada Business Confidence - Forecast

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.


Forecast Data Chart
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Canada Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 50.4 59 60 58 57 52
Manufacturing PMI 54.8 55 55.4 55.25 54.9 52
Industrial Production 3.04 1.9 2.52 4.1 2.7 0.9
Industrial Production Mom 0.65 0.7 0.13 0.12 0.12 0.5
Manufacturing Production 2.82 0.9 3.1 3.15 3.12 0.7
Capacity Utilization 85.5 85 85.2 85 84 83
New Orders 58632960 59096901 59091676 59088353 59089533 59089250
Changes in Inventories 14112 10016 8984 8447 8219 8248
Bankruptcies 190 216 213 214 214 214
Corporate Profits 76692 64200 77455 77314 77625 70100
Car Registrations 185214 160726 181701 171948 167095 171422
Leading Economic Index 0.2 0.1 0 0.2 -0.1 0.2
Internet Speed 16206 19635 20107 20573 21035 24998
IP Addresses 15582991 16349225 16540539 16644885 16715889 17626330
Steel Production 1020 1053 1062 1067 1070 1073
Mining Production 4.47 1 4.51 4.51 4.51 1.3
Competitiveness Index 5.35 5.35 5.35 5.35 5.35 5.35
Competitiveness Rank 14 14 14 14 14 14
Corruption Index 82 82 82 82 82 82
Corruption Rank 8 8 8 8 8 8
Ease of Doing Business 18 20 23 23 22 14