The Canadian Services Purchasing Managers' Index (PMI) displayed a notable turnaround in December 2025, rising to 46.50 from a previous figure of 44.30 logged in November. This development comes as a welcome indication of resilience and growth within Canada's service sector, following the recent soft patch.
The month-over-month comparison reveals a positive pick-up in activities and services across the board, signaling improved business conditions amid ongoing economic challenges. The upward trend suggests that the sector may be gradually overcoming hurdles post-November, where the PMI was at a low, underscoring dampened service activity.
Updated data as of January 6, 2026, reflects this uptick, although it still indicates contraction since any reading below 50 typically signifies a decrease in activity. Yet, the progression towards the benchmark indicates that businesses are finding their footing as they navigate the complexities of the current economic landscape. This momentum could potentially herald more sustainable growth in the months ahead if supportive conditions persist.
