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 Winter 2015
Canada’s Non-Residential Construction Industry: Industrial Outlook Winter 2015
Industry Economic Analysis
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- Manufacturing Revives—The combination of a stronger U.S. economy and a weaker Canadian dollar is benefiting Canadian exporters, which may spur investment in new manufacturing capacity.
- Public Spending Is Up—After three years of steep declines, public spending on construction increased last year, led by schools and hospitals projects.
- Retailers Struggle—Several retail chains are going out of business or restructuring, leaving plenty of commercial space unused. This segment will take some time to absorb the excess capacity.
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