07:52 AM EDT, 09/12/2025 (MT Newswires) -- Canada will release the industrial capacity utilization rate for Q2 at 8:30 a.m. ET on Friday, said Bank of Montreal (BMO).

The Q2 industrial capacity utilization rate is expected to fall to 78.5% due to the collapse of exports and business equipment spending last quarter (Reuters consensus 78.8%), noted the bank.

That would put the rate about three percentage points below long-run norms, indicating some slack in the industrial space, stated BMO.

Also out at the same time on Friday, building permits are expected to post a partial 5% month-over-month rebound in July after diving 9% in June, added the bank. The consensus is for a 4% month-over-month slip.