Canadian mining and manufacturing activity increase in first quarter

Friday, 13 June 2014 00:56:54 (GMT+3)   |   San Diego
       

According to Statistics Canada, Canadian industries operated at 82.5 percent of their production capacity in the first quarter, up slightly from 82.2 percent in the fourth quarter of 2013. The mining and oil and gas extraction industries were the main sources of this increase, which represented the highest rate since the second quarter of 2007.

In the mining and quarrying industry, the rate increased 2.3 percentage points to 65.5 percent in the first quarter. As in the fourth quarter, the higher rate was due to an increase in metallic and non-metallic mineral extraction.

The manufacturing sector operated at 81.2 percent of its capacity in the first quarter, down 0.1 percentage points from the fourth quarter of 2013. Of the 21 major groups in the manufacturing sector, nine posted a decline in their capacity utilization rate and 12 recorded an increase.

In the transportation equipment manufacturing industry, the rate fell 0.8 percentage points to 90.5 percent in the first quarter. This decrease was mostly attributable to a decline in the production of motor vehicles.


Similar articles

Canadian GDP for mining, construction and manufacturing down in July

01 Oct | Steel News

Canadian GDP up 0.2 percent in June, with 17 out of 20 industrial sectors showing growth

30 Aug | Steel News

Canadian industrial capacity utilization down to 82.6 percent in Q3

12 Dec | Steel News

Canada’s mining and construction sector GDP drop in June, while manufacturing GDP rises

30 Aug | Steel News

Canadian GDP rises 0.3 percent in March, led in part by mining sector

31 May | Steel News

Canadian GDP rises 0.4 percent in February with most industrial sectors increasing

01 May | Steel News

Canadian GDP grows 0.4 percent in November thanks to manufacturing and mining

31 Jan | Steel News

Canada’s GDP drops 0.1 percent in August on declines in manufacturing, mining, and construction

31 Oct | Steel News

Manufacturing, mining and construction help Canada’s GDP rise 0.6 percent in January

31 Mar | Steel News

Canadian GDP for mining, construction and manufacturing down in July

01 Oct | Steel News