The CFIB Business Barometer tracks small business confidence and expectations in Canada. Based on monthly survey responses, the index ranges from 0 to 100, with 100 indicating stronger performance expectations. This indicator provides insight into the operating conditions of small businesses and can reflect broader economic trends.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.