This report examines the short-and medium-term economic and profitability outlook for Canada’s Non-Residential Construction Industry.
Canada’s Non-Residential Construction Industry: Industrial Outlook Summer 2014
Canada’s Non-Residential Construction Industry: Industrial Outlook Summer 2014
Industry Economic Analysis
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- Export Potential—The combination of a stronger U.S. economy and a weaker Canadian dollar will likely benefit Canadian exporters, which may spur investment in new capacity.
- Government Spending—The worst of the spending cuts is over for most governments, but many budgets remain in the red. Little growth is expected in the government and institutional segment over the next few years.
- Office Market Saturation—Many major markets are beginning to show signs of oversupply of office space. Fewer projects are expected to be started over the next few years while existing capacity is absorbed.
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