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 2011
Canada’s Non-Residential Construction Industry: Industrial Outlook Winter 2011
Industry Economic Analysis
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- Government Spending—After being a key source of support for the industry over the past two years, stimulus spending will begin to be unwound over the next 18 months, detracting from industry growth.
- Input Costs—Price appreciation for many inputs is accelerating, while the industry’s ability to pass those costs on to customers remains limited. This is challenging profitability.
- Permitting Activity—Commercial and industrial permit values continue to rise, signalling that the recovery in industry demand should continue.
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