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3Q Industrial Capacity Utilization vs...>

CANADA DATA
CANADA DATA: 3Q Industrial Capacity Utilization 81.7% vs 2Q 83.3%
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- Mining, quarrying and oil/gas extraction (-3.5% to 78.4%) was the main 
source of decline.
- The decline in oil/gas extraction was mainly on maintenance of some 
oil platforms and lower production. 
- Construction +1.7% to 91.2%; highest rate since 3Q of 2007.
- Gain on construction coincided with higher investment in building 
construction, mainly residential building.
- Manufacturing -2.1 Q/Q; lowest rate since 1Q of 2017. 
- Wood products -7.5 Y/Y vs. -5.1% Q/Q. 
- YoY capacity utilization -1.7%.

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