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INDUSTRY PULSE: YTD shipments up compared to last year

OTTAWA, Ont. -- Year-to-date shipments are up 4.8% compared to the first four months of 2004, Statistics Canada rep...


OTTAWA, Ont. — Year-to-date shipments are up 4.8% compared to the first four months of 2004, Statistics Canada reports.

Some of the big movers in 2005 included the price-driven petroleum industry (+25.5%), fabricated metal products (+12.8%) and machinery (+13.7%).

Manufacturers operated at a record 87.0% of capacity in the first quarter of 2005, according to the most recent report on industrial capacity utilization rates. Rates increased significantly among various durable goods industries including computers, machinery and fabricated metal products.

By province, Ontario (+$369.4 million), Quebec (+$180.5 million) and Alberta (+$128.2 million) led the six provinces reporting higher shipments in April. These provinces offset resource-based declines in New Brunswick (-$154.9 million) and British Columbia (-$50.3 million).


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