This report examines the short-and medium-term economic and profitability outlook for Canada’s Residential Construction Industry.
Canada’s Residential Construction Industry: Industrial Outlook Summer 2011
Canada’s Residential Construction Industry: Industrial Outlook Summer 2011
Industry Economic Analysis
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- Inflation—High inflation is eating into discretionary spending, which limits consumers’ purchasing power.
- Population Growth—Fewer immigrants will mean slower population growth; this will lead to weaker housing demand in the medium to long term.
- Employment—Growth in employment is expected to continue through 2011, motivating home purchases.
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