Canada Ivey PMI Climbs To 64.3, Topping 56.2 Consensus

Canada’s Ivey PMI registered 64.3 in August 2026, beating the 56.2 consensus estimate. The August reading rose from 55.1 in July 2026, marking a 9.2-point increase over the prior month. The index remains well above the 50.0 threshold that separates expansion from contraction, extending a run of generally expansionary readings seen through much of 2026. Recent Ivey PMI reports show broad-based strength across purchasing activity, indicating that Canadian organizations increased orders and overall business volumes. Compared with the 56.2 reading reported in June 2026 and the 57.7 level in May 2026, the current 64.3 figure underscores a notable acceleration in Canadian private-sector activity that feeds into the broader growth backdrop monitored by policymakers. Market participants now track how this upside surprise in Canada’s Ivey PMI influences the Canadian dollar, domestic bond yields, and expectations around upcoming Bank of Canada communications and key activity data releases. Updated 9/4/26