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.

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Canada Capacity Utilization



Calendar GMT Actual Previous Consensus TEForecast
2022-06-10 12:30 PM Q1 82% 82% 82.3%
2022-09-09 12:30 PM Q2 83.8% 81.9% 82.1%
2022-12-09 01:30 PM Q3 83.8% 82.2%


Related Last Previous Unit Reference
Industrial Production Mom -0.61 0.47 percent Aug 2022
Industrial Production 3.91 4.50 percent Aug 2022
Manufacturing Production 3.34 4.07 percent Aug 2022
Capacity Utilization 83.80 81.90 percent Jun 2022
New Orders 72093109.00 71993296.00 CAD THO Sep 2022
Changes in Inventories 46165.00 7664.00 CAD Million Jun 2022
Bankruptcies 206.00 223.00 Companies Sep 2022
Corporate Profits 151695.00 142385.00 CAD Million Jun 2022
Car Registrations 138365.00 136972.00 Units Sep 2022
Leading Economic Index 0.40 -0.10 percent Aug 2021
Wholesale Sales 1.30 0.10 percent Oct 2022
Manufacturing Sales 2.00 0.00 percent Oct 2022
Mining Production 5.12 6.00 percent Aug 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
83.80 81.90 87.30 71.90 1987 - 2022 percent Quarterly
NSA

News Stream
Canada Capacity Utilization Rate Hits Highest Since 2018
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.
2022-09-09
Canada Capacity Utilization Rate Holds at 82%
Canadian industries operated at 82 percent of their production capacity in the first quarter of 2022, same as that in the previous quarter. The gains in the construction sector (95.1 percent vs 92.4 percent in Q4 of 2021), the electric power generation, transmission and distribution industry (84.1 percent vs 81.8 percent) and the manufacturing sector (76.3 percent vs 76.2 percent) were offset by declines in the mining, quarrying, and oil and gas extraction (78.1 percent vs 80.9 percent), and the forestry and logging (75.9 percent vs 79 percent) subsectors.
2022-06-10
Canada Capacity Utilization Rate Beats Forecasts
Canadian industries operated at 82.9 percent of their production capacity in the fourth quarter of 2021, up from 81.7 percent in the third quarter and above market expectations of 82.2 percent.The increase was driven by gains in the manufacturing sector (76.9 percent vs 75.1 percent in Q3) specifically, transportation equipment manufacturing (70.5 percent vs 62.3 percent); construction sector (92.6 percent vs 91.4 percent); and mining and quarrying (87.5 percent vs 85.8 percent). However, the expansion in capacity was limited by declines in forestry and logging (78.8 percent vs 80.2 percent).
2022-03-11