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, Winter 2009
Canada’s Non-Residential Construction Industry: Industrial Outlook, Winter 2009
Industry Economic Analysis
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- Federal Budget 2009—Spending on social housing announced in the 2009 federal budget will support capital expenditures in the institutional segment of Canada’s non-residential construction industry.
- Office for Rent—Buoyant office construction over the past several years, combined with the current economic downturn, is now pushing up the vacancy rate. As a result, capital spending on offices is expected to drop this year and next.
- Business Confidence Runs Downhill—Ongoing weakness in financial markets has driven down business confidence, aggravating the contraction in business capital investment.
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