Business Data Lab Expands BDL Now to Provinces
The Canadian Chamber of Commerce's Business Data Lab extended its weekly nowcast tool to every Canadian province and partnered with Bloomberg.
Updated on Nov. 5, 2026 in Economic Indicators
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The Canadian Chamber of Commerce's Business Data Lab expanded its BDL Now nowcast tool to cover all Canadian provinces. The lab also announced a partnership with Bloomberg to make selected BDL data available through the Bloomberg Terminal.
Why it matters
BDL Now provides a weekly snapshot of economic growth, and provincial estimates give a more detailed view of regional activity across Canada. Making selected data available through the Bloomberg Terminal extends access to businesses and investors who rely on that platform.
BDL Now's provincial nowcast covers each Canadian province, extending the tool's existing national weekly estimate of economic growth. The Canadian Chamber of Commerce, which represents over 400 chambers of commerce and more than 200,000 businesses, has not released further figures in the announcement.
The players
Canadian Chamber of Commerce
The national federation representing over 400 chambers of commerce and boards of trade and more than 200,000 businesses across Canada, which launched the Business Data Lab.
Bloomberg
A global financial data and media company whose Bloomberg Terminal is widely used by investors and financial professionals.
The details
The Business Data Lab, launched in February 2022 by the Canadian Chamber of Commerce with support from Statistics Canada and funding from Innovation, Science and Economic Development Canada, expanded its BDL Now tool to produce estimates for each province. Selected BDL data will also be available through the Bloomberg Terminal under a new partnership with Bloomberg.
Timeline
February 2022: Business Data Lab launched by the Canadian Chamber of Commerce.
November 5, 2026: BDL Now provincial expansion and Bloomberg partnership announced.
Economic Indicators
The Business Data Lab's nowcasts sit alongside official releases from Statistics Canada, which the lab receives support from, offering provincial estimates between formal statistical publications. This positions private-sector-led nowcasting as a complement to the national statistical system rather than a replacement for it.
Provincial growth estimates give households and local businesses a timelier view of economic conditions in their region than national figures alone. Investors with Bloomberg Terminal access will be able to use selected BDL data directly in their existing workflows.
The takeaway
Regional economic estimates can reveal differences in growth that a single national figure hides. Readers tracking their province's economy can use BDL Now's provincial estimates as a timely complement to official releases.
Further reading
For broader context on regional measures, explore Economic Indicators coverage for Canada.
More information
Explore the BDL tools and research portal for the latest nowcasts and research.
Source note: This article includes information reported by Brockville Recorder & Times.
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