Index of Business Confidence
Updated: February 26, 2024
Business Confidence Bucks the Trend in Fourth Quarter
The recent increase in business confidence could prove to be a turning point, although many businesses remain pessimistic about the current state of the economy. According to our survey, the primary factors that are negatively impacting firms’ planned investment in Canada continue to be high interest rates and rising labour costs.
February 26, 2023 • 6-min read
6.2 points to 76.9
Get Data
Results are available to e-Data subscribers, and analysis is available to inFact subscribers for a one-time fee.
Our widely respected Index of Business Confidence captures the views of senior executives of private Canadian corporations. It delves into the state of their businesses’ sales and finances, their investment plans, and their expectations for the Canadian economy over the coming six months.
This quarterly index is used by the Bank of Canada as a measure of capacity and inflation pressure as it sets monetary and financial markets policy. The index also informs our in-house national economic outlook.
Access data
Get the latest on Canada’s used housing markets, updated monthly.
Author
Questions?
If you have any questions about the Index of Business Confidence or about becoming a subscriber, please contact our sales team.
1-888-801-8818
Stay Informed
As the country’s largest private economic analysis and forecasting unit, we are here to help leaders cut through the noise and make informed decisions to build the Canada of tomorrow.