The Ivey Purchasing Managers Index in Canada soared to 55.3 in February 2025 from 2020-lows of 47.1 in January, beating market expectations of 50.6. It is the highest reading in seven months, as employment rebounded (53.7 vs 52.9) while inventories declined (49.4 vs 52.7), deliveries were slower (47.6 vs 48.2). In addition, inflationary pressures went up (71.5 vs 64.4). source: Ivey Business School

Business Confidence in Canada increased to 55.30 points in February from 47.10 points in January of 2025. Business Confidence in Canada averaged 56.65 points from 1999 until 2025, 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 March of 2025.

Business Confidence in Canada increased to 55.30 points in February from 47.10 points in January of 2025. Business Confidence in Canada is expected to be 48.00 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 56.00 points in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-06 03:00 PM
Ivey PMI s.a
Jan 47.1 54.7 53.0 54.2
2025-03-06 03:00 PM
Ivey PMI s.a
Feb 55.3 47.1 50.6 49.2
2025-04-08 02:00 PM
Ivey PMI s.a
Mar 55.3 48


Related Last Previous Unit Reference
Bankruptcies 324.00 289.00 Companies Jan 2025
Business Outlook Survey Indicator -1.18 -2.29 points Dec 2024
Ivey PMI s.a 55.30 47.10 points Feb 2025
Capacity Utilization 79.80 79.40 percent Dec 2024
New Motor Vehicle Sales 121628.00 135511.00 Units Jan 2025
Changes in Inventories -1503.00 18106.00 CAD Million Dec 2024
Composite Leading Indicator 101.04 100.87 points Feb 2025
Corporate Profits 145752.00 144575.00 CAD Million Dec 2024
Corruption Index 75.00 76.00 Points Dec 2024
Corruption Rank 15.00 12.00 Dec 2024
Crude Oil Rigs 247.00 208.00 Feb 2025
Industrial Production -1.10 -1.70 percent Dec 2024
Industrial Production Mom 0.20 -0.20 percent Dec 2024
Manufacturing Production -3.50 -3.60 percent Dec 2024
Manufacturing Sales MoM 1.70 0.50 percent Jan 2025
Mining Production 2.10 2.60 percent Dec 2024
New Orders 73572591.00 72926042.00 CAD Thousand Jan 2025
CFIB Business Barometer 49.50 54.50 points Feb 2025
Wholesale Sales MoM 1.20 0.30 percent Jan 2025

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
55.30 47.10 75.00 22.80 1999 - 2025 points Monthly


News Stream
Canada Ivey PMI Rebounds
The Ivey Purchasing Managers Index in Canada soared to 55.3 in February 2025 from 2020-lows of 47.1 in January, beating market expectations of 50.6. It is the highest reading in seven months, as employment rebounded (53.7 vs 52.9) while inventories declined (49.4 vs 52.7), deliveries were slower (47.6 vs 48.2). In addition, inflationary pressures went up (71.5 vs 64.4).
2025-03-06
Canada Economic Activity Falls to Lowest Since December 2020: Ivey PMI
The Ivey Purchasing Managers Index in Canada dropped to 47.1 in January 2025 from 54.7 in December, well below market expectations of 53. This marks a sharp shift into contraction, reaching its lowest level since December 2020, as employment growth slowed (52.9 vs. 55.3) and inventory levels declined (52.7 vs. 55.2). Meanwhile, price pressures intensified, with the price index rising to 64.4 from 61.5, signaling mounting inflationary concerns. However, the unadjusted PMI edged up to 46.2 in January from 44.3 in the previous month.
2025-02-06
Canada Economic Activity Improves Less Than Expected
The Ivey Purchasing Managers Index in Canada rose to 54.7 in December 2024, up from 52.3 in November but below market expectations of 55.4. This suggests that economic expansion remained steady for the fourth consecutive month, with employment growth improving (55.3 vs. 54.6), while inventory levels surged (55.2 vs. 50.1). Meanwhile, price pressures eased, with the price index falling to 61.5 from 62.9, signaling growing inflationary concerns within the economy. However, the unadjusted PMI also decreased sharply to 44.3 in December from 49.7 in the prior month.
2025-01-07