Construction in Canada - Key Trends, Size, Shares and Opportunities to 2020

Synopsis

The construction industry in Canada contracted by 1.7% in real terms in 2015, following an average annual growth of 3.6% during the preceding four years. Weak economic conditions, low commodity prices, poor fixed-capital investments, public spending cuts and a high rate of unemployment contributed to this decline.

The industrys value is expected to pick up in 2016, however, with investment in public infrastructure, renewable energy infrastructure and commercial projects, and improvements in consumer and investor confidence.

Several government programs, such as the Affordable Housing Initiative (AHI), the New Building Canada Plan (NBCP) and Made in Canada, will continue to support growth in the industry over the forecast period (20162020).

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Summary

Timetrics Construction in Canada Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Canadian construction industry, including:

• The Canadian construction industry's growth prospects by market, project type and construction activity
• Analysis of equipment, material and service costs for each project type in Canada
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Canadian construction industry
• Profiles of the leading operators in the Canadian construction industry
• Data highlights of the largest construction projects in Canada