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Canada's Industrial Capacity Utilization Rate Rises
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Canada's industrial capacity utilization rate rose in the 3rd quarter due to modest gains in manufacturing and a recovery in natural gas output, reaching 79.7%. However, the utilization rate declined in the electric power generation sector, impacted by drier conditions and droughts.
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How could the changing weather patterns and energy generation trends affect Canada's overall economic growth and development?
How might the decline in the electric power generation sector impact Canada's energy security and economic stability?
What are the potential implications of the slight increase in industrial capacity utilization rate for Canada's manufacturing and natural gas industries?
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