In a surprising turn for the Canadian economy, the Ivey Purchasing Managers Index (PMI) has surged to 51.9 in December 2025, up from a contractionary figure of 48.4 in November. Released on January 7, 2026, this data signals a significant buoyancy in Canada's economic activity for the final month of 2025.
This increase above the 50.0 mark, which separates expansion from contraction, indicates a positive shift in business conditions from the previous month. The upward movement suggests resilience in various industries, likely bolstered by robust demand and possibly easing cost pressures.
Economists and investors will be keen to assess whether this growth trajectory is sustainable in the coming months, as Canada's economic landscape continues to adjust to global market dynamics and domestic challenges. With critical readings above the threshold, this latest figure marks a noteworthy recovery in the Canadian economic sentiment as 2026 begins.
