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. 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 June of 2022.
Capacity Utilization in Canada is expected to be 84.00 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.