CA industrial capacity utilization rates, second quarter 2024

From statcan.gc.ca

Canadian industries operated at 79.1% of their production capacity in the second quarter, up slightly from 78.6% in the first quarter of 2024, which was revised up slightly by 0.1 percentage point. Capacity utilization in the mining, quarrying, and oil and gas extraction sector rose 1.6 percentage points to 77.2% in the second quarter. This increase coincided with higher activity in both oil sands extraction—after production resumed in a number of facilities following maintenance and turnarounds late in the first quarter—and support activities for mining, and oil and gas extraction. In contrast, the capacity ... (full story)