The Ivey Purchasing Managers Index in Canada fell to 66.3 in April of 2022 from a 16-year high of 74.2 in the prior month. Supplier delivery times lengthened significantly in April (37.8 from 34.8 in March), and firms expanded their inventories of stocks at a slower pace (64.1 from 65.1). Meanwhile, employers enforced staffing efforts, with employment rising at a faster pace (65.1 from 62.5), while the rate of inflation accelerated to a 3-month high (90.2 from 89.6). source: Richard Ivey School of Business
Business Confidence in Canada averaged 56.95 points from 1999 until 2022, reaching an all time high of 75 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Business Confidence in Canada is expected to be 65.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada is projected to trend around 58.00 points in 2023, according to our econometric models.