Canada Business Confidence IndexCanada Business Confidence IndexCanada Business Confidence Index

Canada Business Confidence Index

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Key data points


Last release
Observation period
Dec 2024
Next release
Forecast
Highest
75.00POINT on May 31, 2006
Lowest
22.80POINT on Apr 30, 2020

About Canada Business Confidence Index


Category
Business
Frequency
Monthly
Units
POINT
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.