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 2011
Canada’s Non-Residential Construction Industry: Industrial Outlook Summer 2011
Industry Economic Analysis
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- Permit Activity—Values of commercial and industrial permits continue to rise, signalling that the recovery in industry demand should continue.
- Vacancy Rates— Vacancy rates have started to decline (albeit slowly), providing moderate encouragement for future construction spending.
- Material Prices—Prices for some key inputs of the industry have started to drop, which has reduced cost pressures for builders.
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