Canada Business Confidence Growth
2001 - 2023 | Monthly | % Point | CEIC Data
Key information about Canada Business Confidence Growth
- Canada Business Confidence grew 1.2 % in Oct 2023, compared with an increase of 1.0 % YoY in the previous month.
- Canada Business Confidence: YoY Change is updated monthly, available from Dec 2001 to Oct 2023, with an averaged rate of 0.8 %.
- The data reached an all-high of 73.0 % in Apr 2021 and a record low of -66.2 % in Apr 2020.
CEIC calculates Business Confidence Change from monthly Purchasing Manager Index. The Purchasing Management Association of Canada provides Purchasing Manager Index with range from 0 to 100 with neutral point 50.
View Canada's Business Confidence Growth from Dec 2001 to Oct 2023 in the chart:
What was Canada's Business Confidence Growth in Oct 2023?
Canada Business Confidence grew 1.2 % in Oct 2023, compared with an increase of 1.0 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.2 Oct 2023 | 1.0 Sep 2023 | -66.2 Apr 2020 | 73.0 Apr 2021 | % Point | monthly | Dec 2001 - Oct 2023 |
Business Confidence Growth by Country Comparison
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Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% Point) | 12.7 Sep 2023 | quarterly | Jun 2017 - Sep 2023 |
| Armenia (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Australia (% Point) | -1.0 Oct 2023 | monthly | Jul 2013 - Oct 2023 |
| Austria (% Point) | -17.0 Sep 2023 | monthly | Jan 1986 - Sep 2023 |
| Belarus (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
| Belgium (% Point) | 0.8 Nov 2023 | monthly | Jan 1981 - Nov 2023 |
| Brazil (% Point) | -18.4 Oct 2023 | monthly | Jan 2010 - Oct 2023 |
| Bulgaria (% Point) | 3.8 Oct 2023 | monthly | Jan 1994 - Oct 2023 |
| Canada (% Point) | 1.2 Oct 2023 | monthly | Dec 2001 - Oct 2023 |
| Chile (% Point) | -3.0 Sep 2023 | monthly | Nov 2004 - Sep 2023 |
| China (% Point) | 0.6 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Colombia (% Point) | -3.3 Oct 2023 | monthly | Jan 1981 - Oct 2023 |
| Croatia (% Point) | -1.3 Oct 2023 | monthly | May 2009 - Oct 2023 |
| Cyprus (% Point) | 10.1 Oct 2023 | monthly | May 2003 - Oct 2023 |
| Czech Republic (% Point) | 2.3 Nov 2023 | monthly | Mar 1994 - Nov 2023 |
| Denmark (% Point) | -2.0 Nov 2023 | monthly | Jan 1999 - Nov 2023 |
| Ecuador (% Point) | -2.6 Sep 2023 | monthly | Feb 2011 - Sep 2023 |
| Estonia (% Point) | -12.0 Oct 2023 | monthly | May 2002 - Oct 2023 |
| European Union (% Point) | -7.4 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
| Finland (% Point) | -15.9 Oct 2023 | monthly | Jan 1994 - Oct 2023 |
| France (% Point) | -2.9 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
| Georgia (% Point) | 1.6 Sep 2023 | quarterly | Dec 2014 - Sep 2023 |
| Germany (% Point) | -2.0 Oct 2023 | monthly | Jan 1992 - Oct 2023 |
| Ghana (%) | 3.7 Aug 2023 | monthly | Dec 2013 - Aug 2023 |
| Greece (% Point) | 0.8 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
| Hong Kong SAR, China (% Point) | 23.0 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Hungary (% Point) | 0.6 Oct 2023 | monthly | Jan 1997 - Oct 2023 |
| Iceland (% Point) | 24.2 Sep 2023 | quarterly | Dec 2003 - Sep 2023 |
| India (% Point) | 1.0 Dec 2023 | quarterly | Jun 2001 - Dec 2023 |
| Indonesia (% Point) | 4.4 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Israel (% Point) | -13.0 Oct 2023 | monthly | Jan 2016 - Oct 2023 |
| Italy (% Point) | -4.8 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
| Japan (% Point) | 3.0 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Kazakhstan (% Point) | -2.0 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| South Korea (% Point) | -4.0 Nov 2023 | monthly | Feb 2004 - Nov 2023 |
| Latvia (% Point) | -6.9 May 2023 | monthly | Apr 1994 - May 2023 |
| Lithuania (% Point) | -1.8 Oct 2023 | monthly | Apr 2004 - Oct 2023 |
| Luxembourg (% Point) | 3.5 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
| North Macedonia (% Point) | -2.9 Dec 2022 | monthly | Apr 2002 - Dec 2022 |
| Malaysia (% Point) | -20.1 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
| Malta (% Point) | 21.2 Oct 2023 | monthly | Nov 2003 - Oct 2023 |
| Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
| Mexico (% Point) | 6.3 Oct 2023 | monthly | Jan 2005 - Oct 2023 |
| Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
| Netherlands (% Point) | -4.3 Oct 2023 | monthly | Jan 1986 - Oct 2023 |
| New Zealand (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| Nigeria (% Point) | 7.0 May 2023 | monthly | Jul 2015 - May 2023 |
| Norway (% Point) | 5.7 Sep 2023 | monthly | Feb 2005 - Sep 2023 |
| Palestinian Territory (% Point) | -34.3 Oct 2023 | monthly | Apr 2014 - Oct 2023 |
| Peru (% Point) | 5.9 Oct 2023 | monthly | Apr 2003 - Oct 2023 |
| Philippines (% Point) | 17.7 Sep 2023 | quarterly | Jun 2002 - Sep 2023 |
| Poland (% Point) | -2.7 May 2023 | monthly | Jul 2006 - May 2023 |
| Portugal (% Point) | -4.0 Oct 2023 | monthly | Jan 1988 - Oct 2023 |
| Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
| Romania (% Point) | -0.3 Oct 2023 | monthly | Jul 1992 - Oct 2023 |
| Russia (% Point) | 5.0 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Serbia (% Point) | -1.0 Oct 2023 | monthly | May 2014 - Oct 2023 |
| Singapore (% Point) | 1.0 Oct 2023 | monthly | Jan 2000 - Oct 2023 |
| Slovakia (% Point) | -1.6 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| Slovenia (% Point) | -3.0 Sep 2023 | monthly | May 1996 - Sep 2023 |
| South Africa (% Point) | -5.6 Sep 2023 | monthly | Sep 2000 - Sep 2023 |
| Spain (% Point) | -4.9 Oct 2023 | monthly | Jan 1994 - Oct 2023 |
| Sri Lanka (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
| Sweden (% Point) | -1.8 Oct 2023 | monthly | Jan 2002 - Oct 2023 |
| Switzerland (% Point) | -23.8 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| Taiwan (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
| Thailand (% Point) | 2.2 Oct 2023 | monthly | Feb 2000 - Oct 2023 |
| Turkey (% Point) | 2.6 Nov 2023 | monthly | Jan 2008 - Nov 2023 |
| Ukraine (% Point) | 32.1 Jun 2023 | quarterly | Sep 2013 - Jun 2023 |
| United Kingdom (% Point) | 8.4 Dec 2020 | monthly | Jan 1986 - Dec 2020 |
| United States (% Point) | -6.6 Oct 2023 | monthly | Jan 1949 - Oct 2023 |
| Uruguay (% Point) | -4.6 Sep 2023 | monthly | Oct 1999 - Sep 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | -2,869.707 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Tax Revenue (USD mn) | 20,043.604 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| Tax Revenue: % of GDP (%) | 13.1 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| National Government Debt (USD mn) | 1,423,314.6 2023 | yearly | 1962 - 2023 |
| Government Debt: % of GDP (%) | 68.6 2023 | yearly | 1962 - 2023 |
| Forecast: Government Expenditure (CAD bn) | 1,420.938 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,415.636 2028 | yearly | 1980 - 2028 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -3,883.000 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Budgetary Revenue (CAD mn) | 32,519.000 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Budgetary Expense (CAD mn) | -36,402.000 Sep 2023 | monthly | May 1992 - Sep 2023 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,119.000 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 27,121.000 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 573,800.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Expense (CAD mn) | 597,300.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Balance (CAD mn) | -18,400.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,000.000 2029 | yearly | 2000 - 2029 |
| Net Financing Activities (CAD mn) | -26,139.000 Sep 2023 | monthly | Jan 1996 - Sep 2023 |
| FIN Forecast: Federal Debt (CAD mn) | 1,362,200.000 2029 | yearly | 1997 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.047 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,506.2 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Total Exports (USD mn) | 45,732.1 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Total Exports Growth (%) | -1.0 Aug 2023 | monthly | Jan 1989 - Aug 2023 |
| Aluminum: Exports (USD th) | 11,552,234.816 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 48,031.3 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Total Imports Growth (%) | -0.6 Sep 2023 | monthly | Jan 1989 - Sep 2023 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 38,937.477 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Total Imports from USA (USD mn) | 29,830.984 Aug 2023 | monthly | Jan 1997 - Aug 2023 |
| Total Exports to China (USD mn) | 1,998.226 Sep 2023 | monthly | Jan 1997 - Sep 2023 |
| Total Imports from China (USD mn) | 3,459.490 Aug 2023 | monthly | Jan 1997 - Aug 2023 |
| Coal Exports (kton) | 2,895.000 Aug 2023 | monthly | Jan 1977 - Aug 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,333.600 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 31,733.901 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,000,459.414 Sep 2023 | monthly | Jan 1988 - Sep 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Household Debt: % of GDP (%) | 102.1 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
| Money Supply M1 (USD mn) | 1,116,878.463 Sep 2023 | monthly | Mar 1975 - Sep 2023 |
| Money Supply M2 (USD mn) | 1,809,983.007 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| M2 Growth (%) | 3.2 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Foreign Exchange Reserves (USD mn) | 85,070.0 Oct 2023 | monthly | Jun 1999 - Oct 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 4.127 Jun 2023 | quarterly | Jun 1999 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Sep 2023 | monthly | Jun 1999 - Sep 2023 |
| Gold Reserves (USD mn) | 0.000 Oct 2023 | monthly | Dec 1956 - Oct 2023 |
| Total Deposits (USD mn) | 4,288,120.124 Sep 2023 | monthly | Jan 2009 - Sep 2023 |
| Total Deposits Growth (%) | 3.2 Sep 2023 | monthly | Jan 2010 - Sep 2023 |
| Domestic Credit (USD mn) | 4,576,935.4 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Domestic Credit Growth (%) | 2.6 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Debt Service Ratio: Households (%) | 14.100 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.800 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Credit to Households (USD bn) | 2,110.226 Mar 2023 | quarterly | Mar 1969 - Mar 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,484.801 Mar 2023 | quarterly | Mar 1954 - Mar 2023 |
| Household Debt (USD mn) | 2,136,870.3 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Total Loans (USD mn) | 3,102,503.140 Sep 2023 | monthly | Jan 1969 - Sep 2023 |
| Total Loans Growth (%) | 3.47 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Private Debt: % of Nominal GDP (%) | 218.99 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,461,087.000 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,511,695.000 Sep 2023 | monthly | Mar 1975 - Sep 2023 |
| Money Supply: M1+: Gross (CAD mn) | 1,511,736.000 Sep 2023 | monthly | Mar 1975 - Sep 2023 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,449,812.000 Sep 2023 | monthly | Jan 1968 - Sep 2023 |
| Money Supply: M3: Gross (CAD mn) | 3,530,816.000 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,522,781.000 Sep 2023 | monthly | Jan 1970 - Sep 2023 |
| Official International Reserves (USD mn) | 112,537.000 Oct 2023 | monthly | Dec 1994 - Oct 2023 |
| Official International Reserves: Gold (USD mn) | 0.000 Oct 2023 | monthly | Dec 1994 - Oct 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.2 Oct 2023 | monthly | Dec 2001 - Oct 2023 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 53.400 Oct 2023 | monthly | Dec 2000 - Oct 2023 |
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