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Q3 Capacity Utilization Increases After Revision, Construction Down

CANADA DATA
  • Canada industrial capacity utilization +79.7% in Q3 from +79.6% in Q2.
  • Q2 capacity utilization revised down from +81.4%.
  • Manufacturing capacity utilization rate +0.3pp to +78.3%.
  • Mining, quarrying, and oil and gas +0.9pp in Q3 after disruptions from wildfires in Q2.
  • In Q2 construction utilization at lowest levels since Q3 2020, dips again in Q3 by 0.3pp to +84.1%.

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