Canada’s Non-Residential Construction Industry: Industrial Outlook Winter 2016
The Conference Board of Canada, 11 pages
April 15, 2016
This report examines the short-and medium-term economic and profitability outlook for Canada’s Non-Residential Construction Industry.
- Government Spending—Quebec has recently invested heavily in hospitals, and Ontario and British Columbia are starting to follow, supporting institutional construction.
- Office Vacancy Rates—Higher office vacancy rates suggest an oversupply in the market, adding risks to office construction.
- Commodity Prices—Low commodity prices are keeping mining and energy projects from going forward in resource-dependent provinces.