Canadian Industrial Profile: Consulting—Spring 2018

Business Confidence—As business confidence continues to rise, business investment and expansion activity should increase, stimulating demand for consulting services.

Public Sector Demand—The federal government’s infrastructure program will keep public investment strong over the next several years, which will be a boon for industry demand.

Tightening labour markets—Tighter labour markets, as evidenced by the low unemployment rate, will force consulting firms to compete for the most qualified employees, putting upward pressure on industry wages.