Canada’s Ivey Purchasing Managers Index (PMI) n.s.a. eased slightly in May 2026, slipping to 61.3 from 61.5 in April, according to data updated on 5 June 2026. Despite the marginal decline, the index remains well above the 50-point threshold that separates expansion from contraction, indicating that Canadian business activity continued to grow at a robust pace.
The near-steady reading from April’s 61.5 to May’s 61.3 suggests that overall demand and purchasing activity across Canadian firms stayed strong, with only a modest cooling. The data for May 2026 reinforces the picture of a still-expansive environment for services and goods, pointing to ongoing resilience in Canada’s private sector as the second quarter progresses.
