Statistics Canada has just published capacity utilization rates for Canadian industry and the figures are not pretty. A number of sub-sectors have hit all-time lows.  Furthermore, the latest results are for the third quarter of this year, before the sharp declines in business activity levels and confidence tied to the end-of-September collapse in stock prices. Fourth quarter results will show even more dramatic drops in plant usage. In manufacturing, the greatest signs of weakness were in the most obvious areas.