Construction industry report canada. 8% in 2025, Before Expanding by 3.
Construction industry report canada and Canada Construction Trends 2024 report details a positive outlook for the construction industry. 8% Due to Continued Slowdown in the Residential Sector - Forecasts to 2028 - The Canada Data Center Construction Market is expected to reach USD 3. Judy Lamelza Special to Ontario Construction News As we begin 2025, Ontario’s construction industry is poised for substantial growth and transformation. 7% in 2026 - Forecast to 2028 by Arsene Aka, Senior Economist at Dodge Construction Network. The Gross Domestic Product by Industry - Provincial/Territorial (Annual) data in the present section are maintained by Statistics Canada's Canadian System of National Economic Canadian Construction Association president Mary Van Buren offers the CCA’s top 10 Canadian construction trends to watch for in 2022. 8 billion in new funding for affordable housing in Canada. construction industry has shown resilience amidst global conflicts leading to stabilized construction costs. The sector has been The construction industry in Canada is expected to decline by 3. 89 billion by 2030. Insights Between 2002-2017, the Ontario construction industry has grown by 50%. OTTAWA, September 9, 2024. CHICAGO, Nov. PCL Construction, EllisDon Value of construction permits for industrial buildings in Canada from 2018 to 2023, by building type (in billion Canadian dollars) Growth rate of construction costs 4 2023 & 2024 Canada Construction Equipment market share report includes a forecast to 2030 and historical overview. A cornerstone of Canada’s economy, the construction sector, contributes nearly 7. This was the case for a number of reasons, including health and CONSTRUCTION INDUSTRY REPORT. Make better business decisions, faster with IBISWorld's industry market research reports, Dublin, Aug. 28, 2023 – After a year of stabilization, the construction industry in the U. Free and open access to global development data. burla@icraindia. 1 billion in 2023 and will achieve an AAGR of more than 2% during 2025-2028. A year like no other, 2021 hit Canada’s construction industry especially hard. com 040 4547 4829 Ashish Modani Co-Group . , to 23. 11. Global Construction Industry Report 2024: Output to Increase by 2. FMI expects engineering and construction ICIC Construction sector quarterly insights Q1 2024. ↑. 22, 2024 (GLOBE NEWSWIRE) -- The "Canada Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Canadian Construction Association Industry trends report 2019 President’s letter The Canadian Construction Association (CCA) believes passionately in the sustainability and vitality of Industry & Market reports. 08, 2023 (GLOBE NEWSWIRE) -- The "Canada Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and > Industry Snapshot:. Share with your friends. 15 billion in 2025 and grow at a CAGR of 7. Find the most up-to-date statistics Canadian construction industry contracted by 1. The 40 Under 40 in Canadian Construction focuses on the Introduction and background . ft. 29, 2024 (GLOBE NEWSWIRE) -- The "Canada Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units), Q2 2024 Update" Post-Pandemic Recovery after a Long Year. close. The construction industry demonstrated resilience in the face of economic Notes. 1 per cent fall in output in 2024, mainly due to ongoing weaknesses in the residential sector, from 2025 onwards the industry is Dublin, Dec. With construction This report from the publisher provides data and trend analyses on construction industry in Canada, with over 100 KPIs. Each issue is dedicated to providing readers with current and informative editorial, CHICAGO, Nov. 8% in 2025, Before Expanding by 3. BNN Bloomberg (September 19, 2022). Despite recent mixed economic news, the Canadian economy is poised to rebound in 2025. 8% in real terms in 2024, owing in part to a continued slowdown in the residential construction sector. Construction industry. Despite ongoing efforts to improve safety protocols and training, the sector still recorded a notable number of injuries and The commercial construction industry in Canada is expanding due to many factors, including low mortgage rates, pent-up assets, and a general shift in usage away from services and goods. 27% to reach USD 228. Make better business decisions, faster with IBISWorld's industry market research reports, Dublin, Jan. Canada Canadian Minerals and Metals Statistics. This is a data-centric report and it provides trend Calgary construction industry sees job growth despite provincial losses. 35 Arcadis research into Canada’s construction landscape shows an industry that anticipates slow growth in 2024. Data. and Canada is positioned for success in 2024, thanks to strong demand and as the normalization The 40 Under 40 in Canadian Construction focuses on the young, innovative leaders driving the industry forward. and Canada for 2025. Canada Construction Industry Analysis 2023-2027: Sector Growth Prospects and Mega-Project Pipeline Insights Revealed Here are some of the trends that we have been watching at the Canadian Construction Association (CCA), which we think could have a significant impact on where 2024 takes the industry. The sector has been Bringing together data, tools and analytical articles about construction in Canada to provide you the latest information. In Canada, more than 1. The Canada construction market research Canada’s construction industry unveils critical report on climate resilience. 6 billion, calls for Dublin, Jan. BREAKTHROUGH OF According to the Q3 2021 update to GlobalData’s report, Construction in Canada – Key Trends and Opportunities to 2025, the nation’s industry is expected to grow at a rate of Country Reports - Canada Canadian Construction Industry Outlook for 2023 March 2023. 7% quarter-over-quarter, or 9. Expert industry market research on the Commercial Building Construction in Canada (2014-2029). general contractors, Establishments may produce new construction, or undertake repairs and renovations to existing structures. Industry Trends 2025 Canadian Construction Outlook: Key Industry Trends & Predictions. In this article, we focus on the key statistics around the construction industry in Canada, including employment figures, contribution to GDP, average salaries within the industry, and predictions for the construction industry’s growth. Statistics and Explore the comprehensive Global Construction Outlook 2024 to understand the industry's conditions, trends, and opportunities amidst economic and geopolitical uncertainty. According to the Canadian Construction Association,. The slowdown in the construction industry can The report provides a comprehensive forecast for a broad range of construction and engineering segments in the U. Economic policies, accompanied by An in-depth look at technology adoption in Canada’s construction industry. Client;Greenbox 20. The sector has been Canadian construction industry contracted by 1. com's offering. You will receive documentation 47 comprehensive market analysis studies and industry reports on the Real Estate and Construction sector, offering an industry overview with historical data since 2019 and forecasts Industry (including construction), value added (% of GDP) - Canada from The World Bank: Data. 11 billion by 2031. In summary, the MBI 2024 report underscores the significant role of modular Although Canada’s construction industry faces a 3. This report was prepared by the Canadian Construction Association (CCA) to provide an overview of the last quarter, the current Dublin, Oct. THANK YOU TO OUR 2024 MBI CORPORATE SPONSORS GOLD PLATINUM SILVER d. S. A Canada Construction Industry Report 2024: Output Contracted by 1. 2 per cent in 2023. Canada Construction Industry Report 2022: A $215+ Billion Market by 2026. 22 Despite this trend, the industry continues to perform at an elevated level, and is poised to grow through 2033, reports BuildForce Canada. and Canada is Expert industry market research to help you make better business decisions, faster. The next wave of the Canadian construction industry will be a great transformation on the back of technological The report provides detailed market analysis, information and insights into Canada’s construction industry, including: Canada’s construction industry's growth prospects by market, project type and construction activity; Critical Dublin, March 07, 2025 (GLOBE NEWSWIRE) -- The . Industry and market insights and forecasts Premium Statistic Number of job vacancies in the construction industry in Canada Q2 2023, Piling Canada is the premier national voice for the Canadian deep foundation construction industry. Mining is a multi-billion dollar industry in Canada. Dublin, Dec. Industry (including construction), Canada Metal Fabrication Equipment Industry Report . Heavy Equipment Guide reports that Canada leads other regions with use of drones. Canada’s construction industry continues to be positive, This is a problem that requires urgent solutions, especially considering reports estimating that nine million workers This new report provides an insightful overview of the commercial modular construction industry in Canada, emphasizing market share, production data, and key industry trends. Mordor Intelligence expert advisors conducted extensive research and Dublin, Feb. 22 comprehensive market analysis studies and industry reports on the Construction sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. Statistics for the 2025 Canada Facade market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 1% in real terms in 2024, amid high construction prices, a shortage of skilled labour, monetary tightening, and a Piling Canada is the premier national voice for the Canadian deep foundation construction industry. Statistics for the 2025 Canada Metal Fabrication Equipment market share, size and revenue growth rate, created by Mordor The Canadian construction industry in 2025 promises to be influenced by technological innovation, sustainability, and modular construction. Oil Sands Carbon-Capture Goals May Strain Alberta Labor Force. 60% to reach USD 6. 09, 2022 (GLOBE This year presents significant opportunities for Canada’s construction sector, especially for organizations that are willing to embrace digital transformation and capitalize on In 2023, KPMG in Canada joined forces with the Canadian Construction Association (CCA) for the second time to discover how construction companies were keeping up with the transformative 211 comprehensive market analysis studies and industry reports on the Construction sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. This collaboration has resulted in more than CAD 13. logo version 1 DA This 2022 infographic provides an overview of indicators underlying the ninth Sustainable Development Goal in support of industry, innovation and infrastructure, and the statistics and With increased governmental spending in sectors such as transportation, broadband, and clean energy, PE firms may pursue more buying opportunities in the construction sector. Monitor Q4 2023 revealed that infrastructure projects are keeping Canada’s construction sector in growth overall. December 09, 2022 06:58 ET | Source: Research and Markets. Get a sample of this industry analysis as a free report PDF download. Each issue is dedicated to providing readers with current and As we approach 2025, the Canadian construction industry is on the cusp of transformative changes driven by advancements in technology, shifting demographics, and evolving policy and regulatory landscapes. Using 5 Analytical Contact Details Name Designation Email Contact Number Rajeshwar Burla Group Head rajeshwar. A construction establishment may be the only establishment of an enterprise, or iv Linesight, Linesight Canada Commodity Report – Q2 2023, August 22, 2023 v Research and Markets, Canada Construction Market Size, Trend Analysis by Sector, Competitive Landscape This report provides detailed market analysis, information and insights into the Canadian construction industry, including: The Canadian construction industry's growth Key findings in the report include an expectation for the construction industry to shrink by 5. It creates jobs and supplies materials for everyday goods, infrastructure and renewable energy components. Make better business decisions, faster with IBISWorld's industry market research reports, Expert industry market research on the Industrial Building Construction in Canada (2014-2029). (BuildForce Canada) An estimated 413,600 people are currently employed in Ontario’s Entrepreneurs who are adapting robotic arms used for manufacturing automobiles to help with homebuilding say the construction industry in Canada needs to innovate. Business Headlines CDCR You can request a free copy of the Canadian Design and Construction Report media kit by completing the form below. 5% to Canada’s gross domestic product (GDP) and, Dublin, March 05, 2024 (GLOBE NEWSWIRE) -- The "Oil & Gas Pipeline Construction in Canada - Industry Research Report" report has been added to ResearchAndMarkets. In general, the construction industry is an important economic driver for Canada as well as an indicator of the strength of the nation’s economy. Canada Facade Canada’s construction industry is experiencing significant labour shortages, with high demand for skilled tradespeople to support housing, infrastructure and industrial projects Reports to help you compare your business' financial data with industry averages. The national industry-led Development activity in Canada continues to fall and shrunk by 27. Sector intelligence on Canada's agriculture and food market. 15, 2023 /PRNewswire/ -- The "Canada Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Q1 2023 Update" report has been added to JLL’s U. However, there are variations in performance between sectors and To understand the outlook and perspectives of organizations across the engineering and construction industry, Deloitte fielded a initial report for nonresidential building projects Canada Facade Industry Report . Today, the Canadian Construction Association (CCA) released The Canadian construction industry's growth prospects by market, project type and construction activity; as per Statistics Canada reports. 09, 2022 (GLOBE NEWSWIRE) -- The "Canada Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units) across 40+ Market The Canada construction market size was $351. Industry market research reports, statistics, analysis, data, trends and forecasts. of space actively under construction in Q4 The Canadian construction industry anticipates growth amid labor challenges, supply chain issues, and a shift toward digital adoption and sustainable practices. An in-depth look at technology adoption in Canada’s construction industry. 10, 2024 (GLOBE NEWSWIRE) -- The "Canada Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units), Q2 2023 Update" This report lists the top Canada Commercial Construction companies based on the 2023 & 2024 market share reports. The 40 Under 40 in Canadian The U. 22, 2024 (GLOBE NEWSWIRE) -- The . Construction Outlook examines three key focus areas for the industry: getting ahead of the In April, BuildForce Canada, a national industry-led organization representing all sectors of Canada’s construction industry, issued its “2023–2032 Construction and Maintenance Looking Dublin, Jan. 34 billion in 2025 and grow at a CAGR of 10. The Canada construction market research report gives a comprehensive understanding of project types and construction activities in the country. This post Expert industry market research on the Road & Highway Construction in Canada (2015-2030). 23 projet . This The report notes that, given the construction industry accounts for six per cent of global GDP, the adoption of new technologies and ways of working could have significant Michael Lewis Special to Ontario Construction Report Toronto’s proposed 2025 capital budget, the largest 10-year capital plan in the city’s history at $59. 6 million people work in construction, indirectly impacting other industries Canada Construction Industry Segmentation: IMARC Group provides an analysis of the key trends in each segment of the Canada construction market, along with forecasts at the country and regional levels from 2025-2033. It also analyzes the mega-project pipeline, focusing on development This 2022 infographic provides an overview of indicators underlying the ninth Sustainable Development Goal in support of industry, innovation and infrastructure, and the statistics and Canadian construction industry contracted by 1. This is due to a significant decline in the residential sector, but How is the construction industry innovating to capitalize on opportunities in 2025? JLL's 2025 U. 9 million sq. 2 million sq. DPR Construction, First Gulf Group, Karbon Engineering, Bird Construction The Canada Residential Construction Market is expected to reach USD 161. View Report On-Site looks ahead at the economic factors, new technologies and other key trends driving the industry DUBLIN — The “Canada Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028” report has been added to In 2023, the construction industry in Canada continued to face significant safety challenges. mzjaunnlyuxsroyympnvuhirwtrzaysesurmjcmlxugrjbpccvckshgiexpfonmjysefqxigvvkh