Canadian industries operated at 81.7 percent of their production capacity in the third quarter of 2019, down from an unrevised 83.3 percent in the previous period and below market expectations of 82.1 percent. The capacity utilization dropped mostly in mining, quarrying and oil and gas extraction industry (-3.5pp to 78.4%); manufacturing (-1.8pp to 78.3%, its lowest since Q1 2017); electric power generation, transmission and distribution (-0.2pp to 84.1%), and forestry and logging (-3.2pp to 75.4%). Meanwhile, capacity utilization in the construction sector rose 1.7 percentage points to 91.2%, reaching its highest level since in 12 years.

Capacity Utilization in Canada averaged 82.91 percent from 1987 until 2019, reaching an all time high of 87.30 percent in the first quarter of 1988 and a record low of 72.70 percent in the second quarter of 2009. This page provides the latest reported value for - Canada Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistics Canada

Capacity Utilization in Canada is expected to be 82.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Canada to stand at 83.20 in 12 months time. In the long-term, the Canada Capacity Utilization is projected to trend around 83.00 percent in 2020, according to our econometric models.


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Canada Capacity Utilization

Actual Previous Highest Lowest Dates Unit Frequency
81.70 83.30 87.30 72.70 1987 - 2019 percent Quarterly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-03-08 01:30 PM Q4 81.7% 82.8% 81.9% 82%
2019-06-07 12:30 PM Q1 80.9% 81.8% 81% 81.5%
2019-09-11 12:30 PM Q2 83.3% 81.1% 81.8% 81.5%
2019-12-11 01:30 PM Q3 81.7% 83.3% 82.1% 82%
2020-03-11 12:30 PM Q4 81.7% 82.5%


News Stream
2019-09-11
Canada Q2 Capacity Utilization at 1-Year High
Canadian industries operated at 83.3 percent of their production capacity in the second quarter of 2019, above an upwardly revised 81.1 percent in the previous quarter and hitting its highest level in a year. It compares with market expectations of 81.8 percent. Higher capacity utilization in mining and quarrying, oil and gas extraction (+4.9pp to 84.8%), the largest gain recorded since Q2 2006; manufacturing (+1.8pp to 80.3%); and forestry and logging (+0.5pp to 77.8%) more than offset decreases in electric power generation, transmission and distribution (-1.5pp to 84.6%).

2019-06-07
Canada Q1 Capacity Utilization Falls The Most Since 2017
Canadian industries operated at 80.9 percent of their production capacity in the first quarter 2019, down from an upwardly revised 81.8 percent in the previous quarter and hitting its lowest level since the first quarter of 2017. It compares with market expectations of 81 percent. The decrease in the first quarter was mainly attributed to declines in the mining & quarrying industry (-4.3pp to 72.6%); oil and gas extraction (-1.3pp to 82.9%) and in the manufacturing sector (-0.9pp to 78.2%). In contrast, capacity utilization rose in the electric power generation, transmission & distribution industry (0.4pp to 86.2%) and among petroleum & coal product manufacturers (8.6pp to 86.3%).

2019-03-08
Canada Capacity Utilization Lowest in 1-1/2-Year
Canadian industries operated at 81.7 percent of their production capacity in the fourth quarter of 2018, down from an upwardly revised 82.8 percent in the third quarter. This was the second consecutive quarterly decline, below market expectations of 81.9 percent. Lower capacity utilization in manufacturing, construction, mining and quarrying, and forestry and logging more than offset increases in electric power generation, transmission and distribution, and oil and gas extraction. The average capacity utilization rate of Canadian industries rose 1.2 percentage points to 82.8% in 2018, after increasing 2.4 percentage points in 2017, mainly due to a rebound in the oil and gas extraction subsector in the first half of the year.


Canada Capacity Utilization
The rates of capacity utilization are measures of the intensity with which industries use their production capacity. Capacity utilization is the percentage of actual to potential output.

Canada Business Last Previous Highest Lowest Unit
Business Confidence 51.90 60.00 75.00 36.10 points [+]
Manufacturing PMI 50.40 51.40 57.10 47.50 points [+]
Industrial Production -1.87 -2.20 10.26 -14.52 percent [+]
Industrial Production Mom -0.11 0.21 3.33 -3.50 percent [+]
Manufacturing Production -0.65 -0.12 11.77 -17.31 percent [+]
Capacity Utilization 81.70 83.30 87.30 72.70 percent [+]
New Orders 57093927.00 55620451.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 4201.00 12754.00 24844.00 -21563.00 CAD Million [+]
Bankruptcies 218.00 218.00 872.00 177.00 Companies [+]
Corporate Profits 91041.00 90428.00 97553.00 -758.00 CAD Million [+]
Car Registrations 146259.00 163201.00 220436.00 19807.00 Units [+]
Leading Economic Index -0.10 0.10 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Steel Production 985.00 1115.00 1534.00 349.00 Thousand Tonnes [+]
Wholesale Sales -1.20 -1.20 6.90 -5.30 percent [+]
Mining Production -6.15 -7.39 23.38 -16.41 percent [+]
Manufacturing Sales -0.60 -0.20 6.60 -9.20 percent [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Corruption Index 77.00 81.00 92.00 77.00 Points [+]
Corruption Rank 12.00 9.00 14.00 5.00 [+]
Crude Oil Rigs 135.00 136.00 715.00 32.00 [+]
Ease of Doing Business 23.00 22.00 23.00 8.00 [+]