Industrial production · Canada
Canada Capacity Utilization
The Canada Capacity Utilization measures the output of factories, mines and utilities in Canada (or of one industry).
- Importance
- Medium
- Released
- Quarterly
- Next release
- Currency
- CAD · Canadian dollar
- Central bank
- The Bank of Canada
Latest figures
The latest release for AUG, published on 15 October 2026, came in at 81.9%, up from 80.7% the time before.
Over the last 9 releases it ranged from 78.5% to 82.5%, averaging 80.4%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 15 Oct 2026 | AUG | 81.9% | – | 80.7% |
| 14 Sep 2026 | JUL | 80.7% | – | 82.2% ® |
| 14 Aug 2026 | JUN | 82.3% | – | 82.2% ® |
| 15 Jul 2026 | MAY | 82.5% | – | 80.4% ® |
| 13 Mar 2026 | Q4 | 78.5% | 78.4% | 78.9% ® |
| 12 Dec 2025 | Q3 | 78.5% | 79.3% | 77.6% ® |
| 12 Sep 2025 | Q2 | 79.3% | 78.8% | 79.9% ® |
| 13 Jun 2025 | Q1 | 80.1% | 79.8% | 79.7% ® |
| 7 Mar 2025 | Q4 | 79.8% | 79.3% | 79.4% ® |
Why it matters
Industry is a smaller share of output than services in most rich economies but it is far more cyclical and reacts first to global demand. Strong production supports growth estimates; capacity utilisation near its limits points to inflation pressure.
How it is calculated
Statistics Canada combines physical output and deflated sales data for many industries into a volume index, adjusted for working days and seasons. Capacity utilisation divides output by estimated maximum output.
Change (mom) = index ÷ last month's index − 1
Capacity utilisation = output ÷ capacity × 100What changes mean
- Monthly changes are noisy (weather, holidays, strikes); compare with the year-on-year rate.
- In Germany, Japan, Korea and China industry carries more weight for the currency.
Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the Canadian dollar and local stocks, and can push bond yields up.
Lower than expected: A weaker figure than expected points to slowing activity: the Canadian dollar tends to soften and markets price in lower rates.
A short history
The US Federal Reserve has published its industrial production index since 1919; it is one of the series used to date US business cycles.
Questions
What is the Canada Capacity Utilization?
The Canada Capacity Utilization measures the output of factories, mines and utilities in Canada (or of one industry).
What was the latest Canada Capacity Utilization?
81.9% for AUG, published on 15 October 2026.
When is the next Canada Capacity Utilization?
On Friday 13 November 2026 at 13:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.