Statistics Canada reported that, driven by a 1.8 percentage point increase in the oil and gas extraction capacity utilization rate to 87.4%, Canada's industrial capacity utilization rate for the first quarter rose to 81.1%. However, this remained below the market expectation of 81.5%. The figure for the final quarter of last year was revised downward from the initial 80.7% to 80.5%.
During the period, the manufacturing capacity utilization rate rebounded by 0.2 percentage points quarter-over-quarter to 79.7%, marking the first increase in three quarters. The figure for the final quarter of last year was revised downward from the initial 80.2% to 79.5%.



