Canada Capacity Utilization Rate Hits Highest Since 2018
2022-09-09 12:50
By
Rafael Gonzalez
1 min. read
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.