Canada's seasonally adjusted Ivey purchasing managers' index jumped to 66.0 in January from 49.9 in December. Analysts had expected the index to rise to 50.0.

A reading above 50 indicates a rise in the pace of activity, below 50 indicates a contraction in the pace of activity.

The supplier deliveries index was down to 51.1 in January from 54.3 in December, while employment index fell to 55.1 from 59.7.

The prices index was increased to 71.6 in January from 61.9 in December, while inventories climbed to 61.5 from 50.8.