(Adds details from report)
OTTAWA, June 9 Canada's industrial capacity rose
to its highest level since 2007 in the first quarter, lifted by
the manufacturing and construction sectors, data from Statistics
Canada showed on Friday.
Capacity utilization rose to 83.3 percent in the first three
months of the year from a downwardly revised 81.8 percent in the
fourth quarter. It was the highest level since the third quarter
Manufacturing drove the increase as it operated at 83.4
percent of its capacity. The utilization rate rose in 15 out of
21 of the main manufacturing industries, accounting for about 80
percent of the sector's gross domestic product.
The capacity utilization rate in the construction sector
rose to 86.6 percent due to residential construction and
repairs. It was only the second time in nine quarters that the
sector's capacity rate has increased.
In the oil and gas extraction sector, capacity utilization
slipped to 80.8 percent. A lower volume of oil extraction offset
increased activity in the industry.
(Reporting by Leah Schnurr; Editing by Chizu Nomiyama)