Canadian industries operated at 82 percent of their production capacity in the second quarter of 2021, up from a downwardly revised 81.4 percent in the first quarter and beating market expectations of 81.2 percent. This marks the fourth consecutive increase and highest capacity utilization reading of the Canadian economy since the last quarter of 2019 following the sharp decline caused by plant closures and the various restrictions related to the COVID-19 pandemic. Upward pressure came from construction (93.3 percent vs 92.2 percent in Q1), manufacturing (77 percent vs 76.1 percent) and electric power generation (84 percent vs 81.9 percent). The growth in these sectors was enough to offset losses in mining, quarrying and oil and gas extraction (78.5 percent vs 79 percent) and forestry and logging (89.1 percent vs 89.2 percent). source: Statistics Canada

Capacity Utilization in Canada averaged 82.74 percent from 1987 until 2021, 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 October of 2021.

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. In the long-term, the Canada Capacity Utilization is projected to trend around 84.50 percent in 2022, according to our econometric models.

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Canada Capacity Utilization


Calendar GMT Actual Previous Consensus TEForecast
2020-12-11 01:30 PM Q3 76.5% 70.7% 77.5% 77%
2021-03-12 01:30 PM Q4 79.2% 77.4% 78% 76.7%
2021-06-11 12:30 PM Q1 81.7% 79.7% 80.6% 81%
2021-09-10 12:30 PM Q2 82% 81.4% 81.2% 80%
2021-12-10 01:30 PM Q3 82%


News Stream
Canadian Capacity Utilization Rate Above Forecasts
Canadian industries operated at 82 percent of their production capacity in the second quarter of 2021, up from a downwardly revised 81.4 percent in the first quarter and beating market expectations of 81.2 percent. This marks the fourth consecutive increase and highest capacity utilization reading of the Canadian economy since the last quarter of 2019 following the sharp decline caused by plant closures and the various restrictions related to the COVID-19 pandemic. Upward pressure came from construction (93.3 percent vs 92.2 percent in Q1), manufacturing (77 percent vs 76.1 percent) and electric power generation (84 percent vs 81.9 percent). The growth in these sectors was enough to offset losses in mining, quarrying and oil and gas extraction (78.5 percent vs 79 percent) and forestry and logging (89.1 percent vs 89.2 percent).
2021-09-10
Canada Capacity Utilization Rate at Pre-Pandemic Levels
Canadian industries operated at 81.7 percent of their production capacity in the first quarter of 2021, following an upwardly revised 79.7 percent in the previous period and beating market expectations of 80.6 percent. It was the highest utilisation rate of existing capacity in the Canadian economy since the fourth quarter of 2019. Main upward pressure came from the construction sector, which operated at its highest level since the third quarter of 1990 (92.4 percent vs 88.8 percent in 4Q 2020); and the mining, quarrying, oil & gas extraction sector (79.3 percent vs 75.5 percent). Given the recovery of the oil and gas extraction sub-sector and the upward trend observed in preliminary indicators of the construction sector, the capacity utilization rate may grow further in the second quarter of 2021.
2021-06-11
Canada Capacity Utilization Rate Above Forecasts
Canadian industries operated at 79.2% of their production capacity in the fourth quarter of 2020, the highest since the first quarter of 2020, following an upwardly revised 77.4% in the previous period and above market expectations of 78%. Capacity grew the most in the mining, quarrying, and oil and gas extraction sectors (74.7% vs 70.9% in Q3) and in the construction sector (88.7% vs 87.2%) followed by the manufacturing sector (76.2% vs 75.3%). Still, the capacity utilization rate in most industries remained below pre-pandemic levels. Given the recovery of the oil and gas extraction sub-sector and the early signals from the manufacturing sector, the capacity utilization rate may grow further in the first quarter of 2021.
2021-03-12
Canada Capacity Utilization Rate Below Forecasts
Canadian industries operated at 76.5% of their production capacity in the third quarter of 2020, up from a record low of 70.7% in the previous period but below market expectations of 77.5%. Increases in the manufacturing (+11.8% to 75.3%) and construction (+7.2% to 87.2%) sectors led capacity gains. After being forced to slow or suspend their activities in the second quarter, most Canadian industries saw gradual recovery of their activities after public health measures were eased. Nevertheless, the capacity utilization rate of most industries remained below pre-pandemic levels. Given the recently implemented public health measures, a slowdown in industrial capacity utilization may occur in the fourth quarter.
2020-12-11

Canada Last Unit Reference Previous Highest Lowest
Industrial Production Mom -1.10 percent Jul/21 1.90 5.90 -14.90
Industrial Production 4.60 percent Jul/21 8.89 16.71 -20.40
Manufacturing Production 2.30 percent Jul/21 8.20 34.20 -29.00
Capacity Utilization 82.00 percent Jun/21 81.40 87.30 71.90
New Orders 60575256.00 CAD THO Aug/21 59753051.00 63463425.00 14816411.00
Changes in Inventories 8308.00 CAD Million Jun/21 -5791.00 29175.00 -37149.00
Bankruptcies 137.00 Companies Aug/21 124.00 872.00 108.00
Corporate Profits 105545.00 CAD Million Jun/21 100719.00 109413.00 -758.00
Car Registrations 149778.00 Units Aug/21 156049.00 220436.00 19807.00
Leading Economic Index -0.10 percent Jul/21 0.60 6.10 -11.20
Manufacturing Sales 0.50 percent Aug/21 -1.20 21.70 -27.50
Wholesale Sales 0.30 percent Aug/21 -2.10 19.30 -22.00
Mining Production 13.20 percent Jul/21 15.90 24.92 -18.40


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.