Canada’s Ivey PMI rose further to 58.2 in May 2026 from 57.7 in April and overshooting market forecasts of 55. The latest reading pointed to a slight acceleration in economic activity compared with the previous month, marking the steepest growth since September 2025. The employment index eased slightly to 54.3 from 54.7, but continued to signal solid job growth. The supplier deliveries index rose marginally to 44.7 from 44.3, while the inventories index declined sharply to 47.9 from 56.5, pointing to a significant reduction in stock levels. Price pressures intensified further, with the prices index rising to 78.0 from 76.6, highlighting persistent inflationary momentum across businesses. source: Ivey Business School

Business Confidence in Canada increased to 58.20 points in May from 57.70 points in April of 2026. Business Confidence in Canada averaged 56.48 points from 1999 until 2026, reaching an all time high of 75.00 points in May of 2006 and a record low of 22.80 points in April of 2020. 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 Ivey Purchasing Managers Index - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Business Confidence in Canada increased to 58.20 points in May from 57.70 points in April of 2026. Business Confidence in Canada is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Ivey Purchasing Managers Index is projected to trend around 53.00 points in 2027 and 56.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-06 02:00 PM
Ivey PMI s.a
Apr 57.7 49.7 49.9 50
2026-06-05 02:00 PM
Ivey PMI s.a
May 58.2 57.7 55 51
2026-07-07 02:00 PM
Ivey PMI s.a
Jun 58.2 50


Related Last Previous Unit Reference
Bankruptcies 298.00 335.00 Companies Apr 2026
Business Outlook Survey Indicator -0.36 -1.78 points Mar 2026
Ivey PMI s.a 58.20 57.70 points May 2026
Capacity Utilization 78.50 78.90 percent Dec 2025
New Motor Vehicle Sales 183921.00 176500.00 Units Apr 2026
Changes in Inventories 10630.00 -12627.00 CAD Million Mar 2026
Corporate Profits 151074.00 155399.00 CAD Million Mar 2026
Corruption Index 75.00 75.00 Points Dec 2025
Corruption Rank 16.00 15.00 Dec 2025
Crude Oil Rigs 85.00 82.00 May 2026
Industrial Production -1.80 -1.50 percent Mar 2026
Industrial Production Mom -0.20 1.00 percent Mar 2026
Manufacturing Production -2.40 -3.60 percent Mar 2026
Manufacturing Sales MoM 4.60 3.00 percent Apr 2026
Mining Production -1.20 3.00 percent Mar 2026
New Orders 71102383.00 72439916.00 CAD Thousand Apr 2026
CFIB Business Barometer 46.30 58.50 points May 2026
Wholesale Sales MoM 0.10 1.90 percent Apr 2026


Canada Ivey Purchasing Managers Index
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 value above 50 indicates an increase in purchases from the previous month and a value below 50 indicates a decrease.
Actual Previous Highest Lowest Dates Unit Frequency
58.20 57.70 75.00 22.80 1999 - 2026 points Monthly
SA

News Stream
Canada Economic Activity Rises the Most in 8 Months
Canada’s Ivey PMI rose further to 58.2 in May 2026 from 57.7 in April and overshooting market forecasts of 55. The latest reading pointed to a slight acceleration in economic activity compared with the previous month, marking the steepest growth since September 2025. The employment index eased slightly to 54.3 from 54.7, but continued to signal solid job growth. The supplier deliveries index rose marginally to 44.7 from 44.3, while the inventories index declined sharply to 47.9 from 56.5, pointing to a significant reduction in stock levels. Price pressures intensified further, with the prices index rising to 78.0 from 76.6, highlighting persistent inflationary momentum across businesses.
2026-06-05
Canada Economic Activity Expands in April
Canada’s Ivey PMI rose to 57.7 in April 2026, the highest level in seven months, rebounding from 49.7 in March, beating forecasts of 49.9 and signaling broad economic expansion. The Employment Index increased to 54.7 from 51.1, while the Inventories Index climbed to 56.5 from 49.4. The Supplier Deliveries Index rose to 44.3 from 38.8. Meanwhile, the Prices Index edged higher to 76.6 from 75.7, pointing to persistent cost pressures.
2026-05-06
Canada’s Ivey PMI Unexpectedly Contracts
Canada’s Ivey PMI tumbled to 49.7 in March 2026 from 56.6 in February, missing forecasts of 55.9 and signaling broader economic contraction. The Prices Index surged to 75.7 from 63.4, reflecting intensifying inflationary pressure. Inventories dropped to 49.4 from 57.2, suggesting destocking activity. Meanwhile, the Supplier Deliveries Index fell to 38.8 from 45.2, indicating slower input flows. The Employment Index rose to 51.1 from 49.4, hinting at stronger hiring momentum despite overall contraction.
2026-04-07