• Canadian capacity utilization rate rose

Market news

8 December 2016

Canadian capacity utilization rate rose

Canadian industries operated at 81.9% of their production capacity in the third quarter, up from 79.7% in the previous quarter. The increase was mainly attributable to the oil and gas extraction industry as operations resumed following the Fort McMurray wildfires.

The 2.2 percentage point gain was the largest quarterly increase recorded by Canadian industries since industrial capacity utilization rates were first published in their current form starting in the first quarter of 1987.

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