Canadian industries operated at 83.8 percent of their production capacity in the second quarter of 2022, above a revised 81.9 percent in the previous quarter. It was the highest capacity utilization rate since the second quarter of 2018, with gains in the mining, quarrying, and oil and gas extraction and manufacturing sectors more than offsetting the losses in construction and other sectors. source: Statistics Canada
Capacity Utilization in Canada averaged 82.73 percent from 1987 until 2022, reaching an all time high of 87.30 percent in the first quarter of 1988 and a record low of 71.90 percent in the second quarter of 2020. 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. Canada Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Capacity Utilization in Canada is expected to be 84.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Capacity Utilization is projected to trend around 84.50 percent in 2023, according to our econometric models.