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Canada Business Confidence release

Canada Business Confidence: 51.78 Index (Q2 2021)

Canada Business Confidence came in at 51.78 on Jul 19, 2021, compared with 51.04 previously. See the full release history, chart, Bank of Canada context, and API access for this series.

Released: · Estimated 2021-07-19 12:30 UTC

Actual
51.78

Q2 2021

Previous
51.04
Forecast
--
Next release
Jan 18, 2027

Next Canada Business Confidence release

Scheduled

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Canada Business Confidence release chart

Readings leading into this release, with this print highlighted. Hover or tap a point for its value.

Canada Business Confidence chart through 2021-06-30
CAD Business Confidence readings through 2021-06-30. Latest: 51.78.

Canada Business Confidence release analysis

What the release showed

Canada Business Confidence came in at 51.78 in the release of Jul 19, 2021, up 0.74 from 51.04.

Why Business Confidence matters for CAD

Business investment drives productivity and potential output. Confidence surveys lead actual capital spending by several months, giving an early read on whether the Canada economy is likely to accelerate or slow.

How to read it

Above-consensus business confidence is cad-supportive as it implies planned investment and hiring that will sustain growth. Deteriorating confidence raises the prospect of a capex and hiring pullback, which is dovish.

What to watch next

The next Canada Business Confidence release is due on Jan 18, 2027.

  • Forward expectations sub-index as the lead
  • Direction over three to six months
  • Sector breakdown — manufacturing vs services
  • Cross-check with PMI new orders
FXMacroData API

Get Canada Business Confidence data as soon as it is published

This page shows the most recent releases. The API serves the full Canada Business Confidence history and every other series we cover, with each row stamped with the time the official source published it.

  • Full release history with actual, previous and reference period on every row.
  • Publication timestamps on each announcement, so backtests only use data that was public at the time.
  • Consensus forecasts joined by announcement ID to measure the surprise.
  • Release calendar with confirmed times for upcoming announcements.
  • 22 currencies of central-bank, inflation, jobs, growth and FX data in one schema.
  • REST, Python and MCP for scripts, notebooks and AI assistants.
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API endpoint
GET https://api.fxmacrodata.com/v1/announcements/cad/business_confidence
Python
import requests

resp = requests.get(
    "https://api.fxmacrodata.com/v1/announcements/cad/business_confidence",
    headers={"X-API-Key": "YOUR_API_KEY"},
    timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])

Match this release by announcement_id cad_business_confidence_2021-06-30. Forecasts for the same release: /v1/predictions/cad/business_confidence.

Release data snapshot

Citation fields for this announcement.

Public release ID cad_business_confidence_2021-07-19
API announcement ID cad_business_confidence_2021-06-30
Release time
Estimated 2021-07-19 12:30 UTC
Reference period date 2021-06-30
Actual value 51.78
Previous value 51.04
Forecast --
Surprise --

More Canada Business Confidence releases

Move through adjacent announcement records for the same series.

Common questions about this release

The value, its publication time, the next scheduled date, and the official publisher for Canada Business Confidence.

What did Canada Business Confidence come in at, and how did it compare with the forecast and the previous reading?

Canada Business Confidence was 51.78 Index (0-100 normalized) in Q2 2021. The previous reading was 51.04 Index (0-100 normalized).

When was this Canada Business Confidence release published?

The publication time is estimated for Jul 19, 2021 at 08:30 America/Toronto. The publication time is derived from the lag measured on this series' confirmed releases and the record carries the release_time_assumed flag.

When is the next Canada Business Confidence release?

The next Canada Business Confidence release is scheduled for Jan 18, 2027.

What is the official source for Canada Business Confidence?

National Statistics Office publishes the official Business Confidence series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.

Raw announcement payload

Field names are preserved for traceability and downstream testing.

{
  "announcement_datetime": 1626697800,
  "announcement_id": "cad_business_confidence_2021-06-30",
  "date": "2021-06-30",
  "original_unit": "Balance",
  "original_val": 3.56,
  "previous_value": 51.04,
  "publication_time_precision": "unknown",
  "publication_time_status": "assumed_historical",
  "release_time_assumed": true,
  "revisions": [
    {
      "epoch": 1625065200,
      "val": 51.78
    },
    {
      "epoch": 1626697800,
      "val": 51.78
    }
  ],
  "val": 51.78
}