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Statistics Canada released its capacity utilisation rate on Thursday. Canadian capacity utilisation rate declined to 81.3% in the second quarter from 82.6% in the first quarter. The first quarter's figure was revised down from 82.7%.
The decline was driven by a fall in the mining, quarrying, and oil and gas extraction and manufacturing industries. The capacity utilisation rate in the mining, quarrying, and oil and gas extraction industry dropped to 75.9% in the second quarter decreased from 78.9% in the first quarter.
The capacity utilization rate fell in 13 of the 21 major categories in the manufacturing sector in the second quarter.
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