Index of Business Confidence
Updated: April 24, 2025
Index of Business Confidence for April 2025
For over a year, the Index had hovered at low levels without meaningful movement, staying well below the line typically associated with strong economic growth. The latest decline marked a significant shift, highlighting growing concerns around short-term investment prospects.
April 24, 2025 • 8-min read
10.0 points to 64.5
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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.
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