This industry profile provides a five-year forecast for Canada’s Professional Services Industry.
Canada’s Professional Services Industry: Canadian Industrial Profile Spring 2009
Canada’s Professional Services Industry: Canadian Industrial Profile Spring 2009
Industry Economic Analysis
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- Infrastructure Spending—Large allocations of provincial and federal funding for infrastructure projects will support demand for engineering services.
- Corporate Profits—Corporate profits have fallen as a result of the recession. This is negatively affecting demand for professional services.
- Labour Shortages—Although the recession will temporarily ease labour shortages in the industry, wage appreciation is expected to remain above average in the coming years.
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