Measures the extent to which Canadian manufacturing companies make use of their productive capacity (factories and machinery). Capacity Utilization Rates act as an indicator of overall demand in the economy. High Capacity Utilization Rates reflect that resources are in high demand, and this exerts inflationary pressures. High Capacity Utilization Rates may also lead to new capital investments, such as new plants and equipment that promote growth in the future. The headline figure is reported as the ratio of actual production to potential production.
Note: The data is gathered from the Capital and Repairs Expenditure survey. Unlike some of the other surveys done by Statistics Canada , this survey is not mandatory.
Relevance : Rarely affects markets
Release Schedule : 8:30 AM (EST); quarterly, roughly two and half months after the reporting period
Source of Report : Statistics Canada
Web Address : http://www.statcan.ca/start.html
Address of Release : http://www.statcan.ca/english/Release/index.htm
Refer current year > Industrial capacity utilization rates
AKA: Industrial Capacity Utilization
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