Canadian Industrial Outlook: Non-Residential Construction—Winter 2017
The Conference Board of Canada, 12 pages
March 29, 2017
This report examines the short-and medium-term economic and profitability outlook for Canada’s Non-Residential Construction Industry.
- Government Stimulus—Government stimulus will help support the industry in 2017, as the institutional segment continues to be a growth leader.
- E-commerce Growth—Online parcel volumes grew by double digits in most major census metropolitan areas (CMAs) across Canada in 2015, which will help support warehousing construction moving forward. These warehouses are likely to be larger and more automated than their predecessors, requiring more investment.
- U.S. Policy Uncertainty—There is significant uncertainty surrounding investments in Canada. With the U.S. threatening border taxes on goods being sent to that country, firms may hold off on investment in Canada until there is more clarity, possibly after the re-negotiation of NAFTA.