CFIB's Business Barometer in Canada, a long-term index reflecting 12-month forward expectations for business performance in the country, fell to 52.7 in March 2024 from an upwardly revised 55.1 in February. Certain sectors experienced gains, such as information, arts, and recreation (+10 points), transportation (+5.8 points), and professional services (+5 points), but others saw declines, including retail (-5.3 points) and financial services (-3.2 points). Notably, the information, arts, and recreation sector, along with professional services and the finance, insurance, and real estate industry, exhibited strong long-term confidence. The short-term optimism index, based on a 3-month outlook, gained one point and reached 52.6. source: CFIB - Canadian Federation of Independent Business
Small Business Sentiment in Canada decreased to 52.70 points in March from 54.90 points in February of 2024. Small Business Sentiment in Canada averaged 60.94 points from 2000 until 2024, reaching an all time high of 74.07 points in April of 2002 and a record low of 30.84 points in March of 2020. This page provides - Canada CFIB Business Barometer Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada CFIB Business Barometer - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Small Business Sentiment in Canada decreased to 52.70 points in March from 54.90 points in February of 2024. Small Business Sentiment in Canada is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada CFIB Business Barometer is projected to trend around 59.00 points in 2025, according to our econometric models.