Canadian industries operated at 82.6 percent of their production capacity in the third quarter 2018, down from a downwardly revised 84.1 percent in the previous quarter and hitting its lowest level since the second quarter of 2017. It compares with market expectations of 85.7 percent. The decrease in the third quarter was mainly attributed to declines in the manufacturing industries (-2.9 pp to 78.8%), mostly due to chemicals (-10 pp to 75.6%) and, to a lesser extent, the construction sector (-2.0 pp to 88.3%) and forestry and logging (-1.0 pp to 82.7%). In contrast, increases were seen for electric power generation, transmission and distribution (+1.9 pp to 84.5%) and mining, quarrying and oil and gas extraction (+0.3 pp to 82.5%), led by mining & quarrying (+3.4 pp to 79.1%), as capacity utilization of oil and gas extraction posted its first drop in six quarters (-1.2 pp to 84.2%), impacted by a large drop in prices for Canadian heavy crude oil. Capacity Utilization in Canada averaged 83.02 percent from 1987 until 2018, 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.

Capacity Utilization in Canada is expected to be 85.00 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 84.00 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.

Canada Capacity Utilization
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-09 01:30 PM Capacity Utilization 86% 85.1% 85.2% 85.1%
2018-06-08 12:30 PM Capacity Utilization 86.1% 85.6% 86.3% 85.2%
2018-09-12 12:30 PM Capacity Utilization 85.5% 83.7% 86.9% 85.9%
2018-12-12 01:30 PM Capacity Utilization 82.6% 84.1% 85.7% 85.7%
2019-03-08 01:30 PM Capacity Utilization 82.6% 85%
2019-06-07 12:30 PM Capacity Utilization 85.20%
2019-09-11 12:30 PM Capacity Utilization 85%


Canada Business Last Previous Highest Lowest Unit
Business Confidence 57.20 61.80 75.00 36.10 Index Points [+]
Manufacturing PMI 54.90 53.90 57.10 47.50 [+]
Industrial Production 2.76 2.89 11.37 -15.24 percent [+]
Industrial Production Mom 0.14 0.58 3.36 -3.49 percent [+]
Manufacturing Production 3.32 2.80 12.88 -17.31 percent [+]
Capacity Utilization 82.60 84.10 87.30 72.70 percent [+]
New Orders 58830069.00 59036207.00 62768223.00 14816411.00 CAD THO [+]
Changes in Inventories 6608.00 13540.00 21415.00 -18847.00 CAD Million [+]
Bankruptcies 210.00 209.00 872.00 177.00 Companies [+]
Corporate Profits 85053.00 76692.00 85053.00 -758.00 CAD Million [+]
Car Registrations 165626.00 178985.00 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 1160.00 1120.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production 5.46 4.61 21.12 -16.33 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 82.00 82.00 92.00 81.00 Points [+]
Corruption Rank 8.00 9.00 14.00 5.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
82.60 84.10 87.30 72.70 1987 - 2018 percent Quarterly
NSA




Country Last Previous
Argentina 64.80 Oct/18
Australia 82.15 Nov/18
Brazil 77.10 Oct/18
Canada 82.60 Sep/18
China 76.50 Sep/18
Euro Area 83.90 Dec/18
France 85.20 Dec/18
Germany 87.10 Dec/18
Indonesia 75.33 Sep/18
Italy 77.90 Sep/18
Japan 105.20 Oct/18
Mexico 81.00 Sep/18
Netherlands 84.10 Dec/18
Russia 64.00 Oct/18
South Africa 81.20 Sep/18
South Korea 102.60 Oct/18
Spain 78.50 Dec/18
Switzerland 84.70 Dec/18
Turkey 74.10 Nov/18
United Kingdom 80.20 Dec/18
United States 78.50 Nov/18


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