The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short- and medium-term economic and profitability outlooks for these industries.
Canada’s Non-Residential Construction Industry: Industrial Outlook, Summer 2007
Canada’s Non-Residential Construction Industry: Industrial Outlook, Summer 2007
Industry Economic Analysis
$1,150.00
- Offices—The office market continues to tighten as strong job creation in commercial services industries is sustaining high rates of absorption.
- Material Costs—Industry material costs are facing significant upward pressure. The major factor has been the abrupt rise in prices for basic building materials.
- Labour Shortage—More than five years of booming construction activity in every segment has resulted in the hiring of less-skilled workers, a trend that negatively affects the industry’s productivity. This labour shortage— which has led to strong wage appreciation—increases employers’ costs and limits industry growth.
Customers Who Downloaded This Also Liked
10 min read
Require an accessible version of this research?
Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
